“Only do business with clients who have impeccable integrity,” suggests Davy Blommaert, banker

Davy Blommaert heads the Diamond Business at National Bank of Fujairah, which falls under the bank’s corporate and institutional banking division. With nearly 10 years of experience in the diamond industry, he was tasked to establish a unit within NBF...


Russia’s export legislation is like a log on the road making it difficult to drive through

Eduard Utkin, General Manager of the Russian Jewellers Guild Association, which is a member of the Russian Federation Chamber of Commerce and Industry, answers the questions from Rough & Polished regarding the activities of the country’s professional...

11 march 2019

Botswana mum on new demands as negotiations with De Beers draw closer

Botswana said it will begin new diamond marketing and sales negotiations with De Beers in June or July this year. Mineral resources minister Eric Molale told Rough & Polished’s Mathew Nyaungwa on the sidelines of a mining conference in Cape Town, South...

04 march 2019

DLX-jewellery will focus more on colour stone designed pieces as well as diamond jewellery sets going forward - Jack Chen, General Manager, DLX-Jewellery

Graduating in International Business from an Institute in Sydney, Australia, in 2015, Jack Chen returned to China to start managing his family-owned jewellery business. Besides holding a certificate in a practical diamond course at Gemological Institute...

25 february 2019

Ali Pastorini: “We have to change a little the way to sell the idea that buying jewelry is just for glamour”

Ali Pastorini is the co-owner of DEL LIMA JEWERLY and President of Mujeres Brillantes, an association which brings together approximately 1000 women working in the gold and diamond trading sector, mainly from Latin America, as well as from Turkey, Spain...

18 february 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. 

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