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Young Diamantaires: We create initiatives for the benefit of diamond communities worldwide

The World Federation of Diamond Bourses recently launched its Young Diamantaires website. The organization has worked for the past four years with young members of the diamond community all over the world to create a platform through which they can express...

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Those who implement the right anti-crisis strategies have more chances

It is not surprising that because of the pandemic and the crisis, the most heated debate in the jewellery industry is about what is happening and the possible ways of survival. Irina Slesareva, an expert, art director of the Russian Diamond Line contest...

22 june 2020

The secondary diamond market in Russia is not mature although its prospects are huge

Pavel Barannik, the founder and head of the Moscow Gemological Laboratory, the founder of the Gemological Institute and President of the Moscow Diamond Club, graduated from the Gemological Institute of America (GIA). He is an expert and consultant...

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Johan Erikson: The industry needs to spend more on advertising and marketing

First Element is a fully independent Diamond Services Company registered in Belgium, Botswana, South Africa and Dubai. First Element is committed to providing a world class diamond service aimed at adding value to the entire supply chain, from the daily...

08 june 2020

African diamond firms on COVID-19 response, recent developments

Rough & Polished recently contacted several diamond producers and exploration companies with operations in Africa to establish how their operations were affected by the Covid-19 pandemic and what they are doing to alleviate the impact. We also sought...

01 june 2020

Auction held in Antwerp is indicative of revival in diamond market

20 november 2019

News

AGD DIAMONDS held an auction for the sale of diamonds in Antwerp this Thursday on the electronic sales platform of its trading subsidiary, Grib Diamonds NV. The company notes an increase in demand for diamond goods and a pickup in the diamond market.

Image credit: AGD DIAMONDS

Total sales at the auction reached over $ 25 million. AGD DIAMONDS said that prices for natural diamonds stopped their decline and there are first signs of market stabilization. The company expects full recovery of demand and rough prices in the second half of 2020.
The innovative and environmentally friendly mining and processing technologies used by AGD DIAMONDS allow it to extract high-quality diamonds undamaged. The company is keen to ensure that customers buying its goods are confident in the true origin of diamonds mined by methods that have minimal impact on the environment.

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

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