Unifying role is the main objective of the National Gemological Association

Yuri Shelementiev runs the Gemological Centre (GC) at the Moscow State University and is a president of the National Gemological Association (NGA) uniting the gemologists of Russia. The head of the MSU’ GC and the NGA answered the R&P’s...

15 july 2019

“Our goal is to bring clarity to the offering of Lab Grown Diamonds”, asserts Chris Casey, President, Lab Grown Diamond Council

Chris Casey is a 15-year veteran of the diamond and jewelry industry.  Chris also has extensive experience in market research as Founding Managing Director of the NPD Diamond and Diamond Jewelry Service where his responsibility included the...

08 july 2019

Dr. Michael S. Krzemnicki: Our dedication to scientific research is an important foundation to our expertise

Dr. Michael S. Krzemnicki, PhD, Director of the Swiss Gemmological Institute SSEF, in an interview with R&P told about the activities and plans of one of the world's leading Gemological laboratories specializing in scientific research of diamonds...

01 july 2019

“Lab-Grown Diamonds is probably the biggest scam this industry has ever seen,”: Leibish Polnauer, Founder-President, Leibish & Co.

An interesting story from the Leibish & Co takes you way back to the year 1979 when young Leibish Polnauer, then a diamond polisher, was travelling to London, having just found out that the factory at which he worked had been shut down. He found an advertisement...

24 june 2019

Botswana mining industry players speak on speculative exploration licences

Speculative mineral exploration licences was a recurring theme from presentations made by three players in Botswana mining industry at a conference convened in Gaborone. The country has issued thousands of exploration licences, across the mining industry...

17 june 2019

Antwerp auction confirms high demand for AGD diamonds

17 june 2019

On June 14, AGD Diamonds held an open diamond auction on the electronic trading platform of its subsidiary trading company Grib Diamonds based in Antwerp. Proceeds from the auction amounted to more than $27 million. 

            Image credit: AGD Diamonds 

It should be noted that the correction of the market for 5 months in 2019 saw rough prices go down, but the White Sea diamonds registered stable demand from traditional buyers from India, Belgium and Israel.
According to experts, despite the restructuring of the banking system in India, restrictions on lending to the cutting industry and the overall decline in sales from the dominant producers (primarily from the De Beers group), the demand for diamonds from the Grib Diamond Mine remains stable due to well-structured spot sales strategies and first-class rough product preparation while sorting in compliance with a unique corporate classifier that meets the most advanced standards of marketing technologies.