“Lab-Grown Diamonds is probably the biggest scam this industry has ever seen,”: Leibish Polnauer, Founder-President, Leibish & Co.

An interesting story from the Leibish & Co takes you way back to the year 1979 when young Leibish Polnauer, then a diamond polisher, was travelling to London, having just found out that the factory at which he worked had been shut down. He found an advertisement...

24 june 2019

Botswana mining industry players speak on speculative exploration licences

Speculative mineral exploration licences was a recurring theme from presentations made by three players in Botswana mining industry at a conference convened in Gaborone. The country has issued thousands of exploration licences, across the mining industry...

17 june 2019

Design is the key to all markets

Besides being an astute businessman, Mumbai-born Laksh Pahuja is a designer par excellence known globally for his awe-inspiring unusual jewellery pieces. Trained at the Gemological Institute of India and Harrow College of Art England, Laksh combines...

10 june 2019

Mutual mass destruction will not serve anybody’s purposes

The recent moves by the U.S. Federal Trade Commission (FTC), including its letters urging some companies to abide to the revised edition of FTC Jewelry Guides and the explanations from FTC attorney Robert Frisby posted on the FTC website were...

03 june 2019

Pavel Sokolov: Every stone has its beauty

THE ‘GEMSTONES BY SOKOLOV’ brand has been popular for over 25 years. The aim of this company is to supply any kind of gem studs to the Russian market including the unique ones except diamonds of any cut. The product range by the SOKOLOV Company is very...

27 may 2019

AGD Diamonds garnered more than $ 25 million from Christmas sales

07 december 2018
Wrapping up the year of 2018, AGD Diamonds has successfully completed its Christmas auction for the sale of rough diamonds on the e-trading platform of Grib Diamonds, its selling arm in Antwerp. As always, the auction was attended by the company’s regular customers from India, Israel and Belgium. At the same time, AGD Diamonds was also able to attract new buyers from China due to perfect preparation of goods to be auctioned and smart organization of viewings. 

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Image credit: AGD Diamonds

The diamond miner raked in more than $25 million in sales. The lots offered to buyers included top-grade colored diamonds up to 10 carats in size. The pricing trends pursued by AGD Diamonds are positively viewed by experts noting stable demand for diamonds coming from Arkhangelsk. The company’s fancy yellow stones continue to be in high demand this December. Innovative cutting-edge mining technologies and gentle processing during ore concentration operations enable AGD Diamonds to extract large top-quality diamonds undamaged.

Victoria Quiri, Correspondent of the European Bureau, Rough&Polished, Strasbourg