Colorless diamonds as an investment class are evolving beyond their traditional ability to preserve, relocate and pass on wealth

Antonio Cecere, the Founder & VP of Monaco Diamond Exchange dons many caps simultaneously. Currently, he is the President of Geneva Diamond Exchange, the President of Diamond Investment Club and the Principal of the Cecere Group. Antonio’s ability to...

15 april 2019

Jewellery with diamonds, even with small ones, sells better than without diamonds

The Yakut jewellery firm Kierge was set up 25 years ago on the basis of the jewellery workshop PKF Yakutrembyttekhnika which, in its turn, was founded way back in the 1970s. Over this period, Kierge turned into a well-established company successfully...

08 april 2019

Lucapa’s Wetherall on the past, present and the future

Lucapa Diamond chief executive Stephen Wetherall recently attended a mining conference, in Cape Town South Africa, where he met Rough & Polished’s Mathew Nyaungwa and granted him an exclusive interview. They discussed Angola’s first international diamond...

01 april 2019

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...

25 march 2019

“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

AGD Diamonds - sales in 2018 remained steadily growing

18 march 2019
agd_diamonds_logo_news.pngAGD Diamonds reported that the diamond sales in 2018 remained steadily growing and significantly exceeded the 2017 results in terms of value.
According to industry experts, during diamond auctions, the demand for the company's rough remained high, which indicates that AGD Diamonds has a stronger hold of its stake in the global diamond market.
“Despite the global downward trend in sales, our sales of rough diamonds in 2018 remained steadily growing and significantly exceeded 2017 figures in value,” said AGD Diamonds CEO Sergey Neruchev.
The company is developing the Grib diamond deposit in the Arkhangelsk Province, Russia.
Sergey Neruchev added that advanced ore processing technologies recognized as one of the best in the world are used to produce diamonds at the deposit. The company conducts blastless development of the deposit, which allows to keep large diamonds intact.
Previously it was reported that AGD Diamonds sold rough diamonds worth 2,381,170 thousand rubles. The sum of 334,519 thousand rubles was paid to the budget of the Arkhangelsk Province. 

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