AGD Diamonds celebrates 88 years since its foundation

On April 22, 1931, in Arkhangelsk the Northern Geological Prospecting Trust (SGT) was organized, the successor of which is AGD Diamonds.

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Russian jewelry, precious metals and gemstones will be subject to marking in 2020

The Ministry of Finance of the Russian Federation proposes to make the marking of jewelry, precious metals and precious stones mandatory from January 1, 2020.

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Imperial provenance emerald will be auctioned off at Christie’s, Geneva

Christie’s said that at its “Magnificent Jewelry’’ auction, which will be held on May 15, 2019, it will sell a historically significant emerald, the provenance of which can be traced back to Catherine the Great.

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Vast Resources raises £600k as it focuses on Zim diamonds, Romania

Vast Resources has raised £600,000 before costs through a placing and subscription of 444,4 million ordinary shares to fund exploration and mining of diamonds in Zimbabwe, maintain Baita Plai mine in Romania and for general corporate purposes.

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Ministry of Finance to hold auction of diamonds from the State Fund of the Russian Federation

The Ministry of Finance of the Russian Federation announced a public auction of polished diamonds from the State Fund of Russia.

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Banks forcing diamond merchants to formalise post-Nirav Modi

18 january 2019
(The Tribune) - State Bank of India's new credit policy under which gem and jewellery merchants with loans of Rs 50 crore and above are required to incorporate themselves has left several medium diamond merchants reeling. The country's biggest public sector bank which accounts for a bulk of loans to the diamond cutting and polishing sector has set a deadline of December 2019 for the incorporation process to be completed. Those in the trade fear that incorporation of their companies would require them to open up their books for inspection by auditors and various government agencies and would subject them to harassment.