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 holds talks with Cummins and Vermeer

10 april 2019
The delegation of AGD Diamonds on a working visit to Germany held talks with Cummins on April 9, which resulted in a signed protocol on cooperation with the manufacturer of the Cummins engines and the KAMSS-service company, while the day before the AGD team met with the representatives of Vermeer.

Image credit: Cummins

Cummins products have been successfully used on mining dump trucks and mining equipment operating at the Grib diamond mine. Also, the equipment produced by Cummins provides backup power generation at the energy center of the Grib Mining Division. Under the current contract, KAMSS-service provides maintenance for the Cummins engines used by AGD and thus established itself as a reliable partner.
The meeting between AGD Diamonds and Cummins was organized at Bauma-2019, an international exhibition of mining and construction equipment, which takes place every three years. The parties discussed the prospects for long-term cooperation and separately noted the possibility of using dual-fuel (gas / diesel) and hybrid engines produced by Cummins in the mining equipment of AGD Diamonds.
A day earlier, the AGD Diamonds delegation met with the representatives of Vermeer (the Netherlands).

Image credit: Vermeer

The AGD experts discussed the possibility of industrial testing a surface excavation machine on the Grib diamond field. Recall that the new non-explosive method of kimberlite mining has been successfully used at the Grib mine since 2018.