India’s gem and jewellery industry expects the government will consider its demand for lower import duty on raw materials

A go-getter at heart, with an attitude to match, Pramod Kumar Agrawal, Chairman of the Gem & Jewellery Export Promotion Council (GJEPC) of India is a man in a hurry. He has not left any stone unturned to bring back the Indian gem & jewellery...

Yesterday

“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...

18 march 2019

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

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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

AGD Diamonds celebrated 23 years since discovery of Grib diamond deposit

22 february 2019

Last Tuesday, AGD Diamonds, a Russian diamond company, celebrated 23 years since the discovery of the Grib diamond deposit, the fourth largest diamond deposit in Russia and the seventh in the world.
"This is the largest diamond asset on the planet discovered over the past ten years," the company said with regard to this anniversary. 
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            Image credit: AGD Diamonds

From 1992 to 2000, «Arkhangelskgeologia» (now AGD Diamonds) identified the most promising area on the territory of the Verkhotinsky kimberlite field for geological exploration programs.
During the diamond exploration program eight kimberlite pipes were identified, one of which AGD re-drilled and sampled. The samples analyzed in the company's laboratory showed the presence of diamond indicator minerals and 20 micro diamonds were recovered.
In November 1996, the Verkhotinskoye diamond field officially received the name of Grib, given to it after Vladimir Grib, the former AGD chief geologist, who made a great contribution to the discovery of the Arkhangelsk diamondiferous province, the company says.
This year, AGD Diamonds was granted three more licenses for diamond exploration, including exploration and evaluation of diamond deposits, in the Mezensky District of the Arkhangelsk Province. These include the Razlomnoe, Torfyanoe and Yuzhno-Verkhotinskoe targets. The company also received an exploration license for the Krugly area on December 5, 2018.  
The areas where the company will conduct diamond exploration are located close to the Grib diamond deposit, which is being developed by the miner.  

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