GOLDNET.MARKET - “We want and are working to provide business with the opportunity to develop a lot of activity areas”

Today, almost all jewellery companies have their own wholesale websites, online stores, and social media pages. But a year ago, GOLDNET.MARKET, the first jewellery wholesale marketplace appeared in Russia, a new effective tool for the jewellery market...

20 september 2021

Platinum’s rare nature gives it additional value and appeal

Huw Daniel is the CEO of Platinum Guild International, overseeing market development activities in China, Japan, India and the USA, on behalf of the platinum producers of South Africa. Before taking up this role in 2015, Huw ran PGI USA for 12 years...

13 september 2021

Marco Carniello: We want to continue to be the engine boosting the jewellery industry

Italian Exhibition Group (IEG) is a leader in Italy in the organisation of trade fairs and one of the main operators in the trade fair and conference sector at European level, with structures in Rimini and Vicenza, as well as further sites in...

06 september 2021

There is a significant need for smart and technological financial solutions in the diamond industry

MDPS, the Israeli start-up Fintech company from the Mazalit Group is gearing up to enter the diamond industry soon. Zeev Maimon, the CEO of MDPS is also the Founder / CEO of MAZALIT, a B2B payment platform designed and dedicated to the global diamond...

30 august 2021

The future for synthetics lies in that it has become possible to grow a stone you want and make what you want out of it

Alex Popov, President of the Moscow Diamond Exchange and head of the Âme jewelry brand, which uses lab-grown diamonds to produce jewelry, sat for an interview with Rough&Polished sharing his views on the coexistence of natural and man-made diamonds in...

23 august 2021

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