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

Statement of AGD Diamonds’ Press Service

08 april 2019
In connection with the article titled “From Russia with Grib” published by the Rough & Polished news agency on its website, the Press Service of AGD Diamonds considers it necessary to state that this article does not reflect the real situation in the company. AGD Diamonds’ system of business management is under close control of the Board of Directors representing the interests of the Company's shareholders.
Currently, AGD Diamonds, JSC has consolidated a 100-percent interest in Grib diamonds NV, which sells rough diamonds mined at the Grib Diamond Field in Antwerp, Belgium. This decision provided full operational control for the Company’s shareholders over rough sales.
AGD Diamonds believes that the Company’s diamond sales mechanism based on the electronic auction platform makes it possible to obtain the maximum value of precious stones and has proved its effectiveness in practice.
AGD Diamonds states that the current level of remuneration in the company substantially exceeds the market average and is a worthy reward for responsible and professional work of its employees. The company does not comment on the personnel decisions made by its shareholders - all the changes within the team of AGD Diamonds fully comply with the adopted corporate standards, labor legislation of Russia and that of the countries where the Company is engaged in commercial activities.