Tag: dubai diamond exchange

African Diamond Council to Adopt Blockchain for Diamond Traceability

The African Diamond Council (ADC) has announced plans to adopt Authentia.io, a blockchain-powered traceability platform, to enhance transparency and accountability in the global diamond trade, as reported by Diamond World.   Developed over three and a half years, the platform is specifically designed for African nations involved in diamond mining.
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Alrosa’s 2024 Diamond Output Falls

Russian mining giant Alrosa reported a 4.6% decline in diamond production for 2024, with total output falling to 33 million carats of rough diamonds, down from 34.6 million carats the previous year, according to Rough&Polished.   However, the state-owned Russian mining company maintains, according to a report by IDEX Online,
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Reset Your Diamond with Lauren B

Whether you’re engaged, married, or proposing with a family diamond, the Lauren B Team can create the perfect setting to complement your center stone. With our custom design expertise, you can trust that your reset will be stunning.

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Alrosa Exits Angola Diamond Partnership

Russian diamond miner Alrosa has announced the sale of its shares in two Angolan diamond mines to Maaden International Investment, a subsidiary of Mercury Investments International, a state-owned company owned by the Government of Oman. The move comes in response to G7 sanctions, according to IDEX Online.   Angola’s Minister
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Alrosa Considering Reducing Diamond Mining in 2025

Russian mining giant Alrosa is considering reducing production at its less profitable diamond deposits next year due to the challenges currently facing the diamond industry, said the company’s CEO, Pavel Marinychev, in an interview with Russian television, as reported by the Rough & Polished.   “The industry is currently experiencing
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Understanding the Mohs Scale of Hardness

Not all gemstones were created equally, or with the same hardness and toughness. Understanding how the Mohs Scale comes into play when choosing your center stone or which gems to wear as jewelry is incredibly important.

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