“We are building a new state-of-the-art tender facility,” says Ahmed Bin Sulayem, Executive Chairman, DMCC

Ahmed Bin Sulayem certainly needs no introduction being widely popular globally as one of the leaders of modern Dubai. As the Executive Chairman of DMCC, Ahmed Bin Sulayem has played and continues to play a key role in establishing and positioning DMCC...

20 may 2019

De Beers scaling up Tracr ahead of formal launch

De Beers tracked 100 high-value diamonds along the value chain during the pilot of Tracr™, its industry blockchain platform, for the first time in May last year. A De Beers spokesperson Bianca Ruakere told Rough & Polished in an exclusive interview that...

13 may 2019

The perfect couple - platinum and diamonds

The Jewelry House of Leon Megé located in New York has long been firmly established in the jewelry market as a source of magnificent jewelry, in which platinum and diamonds often sparkle being married together and attracting everyone’s eyes, but are...

06 may 2019

The technology of growing single-crystal diamonds has now become industrial in nature

It is believed that the reserves of natural diamonds will be exhausted by the middle of the century, and therefore production of synthetic diamonds is rapidly gaining relevance. According to Business Insider India’s estimates, the global synthetic diamond...

29 april 2019

De Beers only selling Elizabeth Bay Mine in Namibia, move to sustain operations beyond 2019

Namdeb Holdings, a 50/50 joint venture between the Namibian government and De Beers is not selling Daberas, Sendelingsdrift and Southern Coastal mines in the southern African country. It had been alleged that Namdeb was planning to close and offload...

22 april 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