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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Diamond Sector Outlook – Entering a growth and disruption phase

21 january 2019

(ABN AMRO) - In this publication: The diamond industry has moved from a relatively stable environment to a highly uncertain environment. 2018 was the year that De Beers launched its lab-grown diamond jewellery. 2019 and the years ahead will see lab-grown diamonds for jewellery entering the growth phase. This has serious consequences for the actors in the diamond industry. Natural diamond buyers such as retailers, consumers and jewellery manufacturers) will likely de-stock and hold less inventory. This will result in lower demand for natural diamonds and weigh on prices. Miners will rethink their strategy in light of uncertainty about natural diamond demand, and questions about the value of a diamond. Lab-grown diamond producers will probably focus on technology to become less energy dependent, or use more sustainable energy sources, to increase the product suite and lower prices for the lab-grown diamonds used in jewellery. Consumers will profit from the wider variety of diamonds at more attractive prices.