“Get Diamonds” platform will soon be available in Russian, Hindi, Arabic and any other languages as per demand from any countries

A first-generation diamantaire Yoram Dvash, currently serving as the Acting President at World Federation of Diamond Bourses (WFDB) and the President of the Israel Diamond Exchange (IDE), launched his diamond manufacturing and trading...

25 may 2020

Sustainability is the only way forward - Rahul Jauhari

Rahul Jauhari, Sr Vice President of Global Sales & Marketing, Star Rays, has forged ahead professionally for more than 14 years garnering experience in Business Development, Luxury Lifestyle Consultancy, Market Analysis, Global Fashion / Luxury trend...

18 may 2020

Keeping global supply chains functioning vital – De Beers

Diamond giant, De Beers has said that it is essential to keep global supply chains functioning in view of the substantial impact of Covid-19 on the industry. Group spokesperson David Johnson told Rough & Polished’s Mathew Nyaungwa in an exclusive interview...

11 may 2020

Gabon courts foreign investors to grow fledgling diamond sector

Diamond production in Gabon, which has been a member of the Kimberley Diamond Certification Process since 2018, is currently dominated by artisanal miners. The artisanal miners are producing about 300 carats per month, according to Gabon’s director of...

05 may 2020

TaTe Diamonds - a Namibian diamond company specialized in Namibian rough

Armed with degrees in Economics and Commerce and an MBA - specialized in Strategic Planning & Business Development, taShi Shiimi-ya-Shiimi is an executive, possessing many years of global experience in Information Technology and Strategic Management...

27 april 2020

AGD Diamonds celebrates 88 years since its foundation

22 april 2019

On April 22, 1931, in Arkhangelsk the Northern Geological Prospecting Trust (SGT) was organized, the successor of which is AGD Diamonds, according to the company. 

            Image credit: AGD Diamonds

Since the establishment of the company, it has identified and developed more than 400 mineral deposits, including oil and gas from Timan-Pechora, diamonds from Belomorie, it has unearthed bauxite, slate coal, drinking and balneological waters, bricks, sand and gravel materials for the construction of roads and oil fields and recovered 1230 million tons of oil.
At present, AGD Diamonds is focused on its mining activities. In 2012, the company included the project to develop the Grib diamond deposit in the North-West Federal District in the List of Priority Investment Projects, approved by the President of Russia. In June 2014, AGD opened the mining and processing plant named after Grib with a capacity of 4.5 million tons of ore per year, inaugurated by President of the Russian Federation, Vladimir Putin.
In 2018, AGD Diamonds entered the international diamond market and changed its name while preserving its heritage.
AGD Diamonds acquired a 100% stake in Grib Diamonds NV, based in Antwerp, which sells diamonds from the Grib diamond deposit to international buyers. 
The company reported that rough diamond trade in 2018-2019 remained steadily growing.
In 2018, the company produced 5 million carats, 22,150 thousand cubic meters of rock, and 3,433 thousand tons of ore.
In January, 2019, AGD Diamonds said that it was granted licenses for diamond exploration, including exploration and evaluation of diamond deposits, in the Mezensky District of the Arkhangelsk Province. These include Razlomnoe, Torfyanoe and Yuzhno-Verkhotinskoe targets. The company also received the exploration license for the Krugly area on December 5, 2018. 

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