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 signs cooperation protocol with Caterpillar and Zeppelin Russland

12 april 2019
While on a visit to Bauma-2019 this last Wednesday, the delegation of AGD Diamonds held talks and signed a protocol on cooperation with Caterpillar, the US-based manufacturer of mining equipment, as well as with its official representative in Russia, Zeppelin Russland.

               Image credit: AGD Diamonds

Heavy CAT dozers and loaders are used to strip overburden, mine ore and dump waste rock at the Grib diamond mine. Zeppelin Russland provides full-service support for this kind of equipment. The parties decided on the main areas of cooperation, which includes providing spare parts and outlining further prospects for the acquisition of new excavators, dump trucks, loaders and dozers.
AGD Diamonds’ employees have highly rated Caterpillar’s state-of-the-art automated technologies implemented on open-pit dump trucks. It was noted that the management of AGD intends to consider the possibility of their application at the company’s mining site. The parties also discussed the use of open-pit vehicles operating on compressed gas and the use of articulated dump trucks. Caterpillar and Zeppelin Russland happen to be among the strategic and priority partners of AGD Diamonds.