Academician Pokhilenko: The situation with rough diamonds in the Russian Federation will start changing for the worse as early as 2025

Nikolai Petrovich Pokhilenko, Academician of the Russian Academy of Sciences (RAS), Deputy Chairman of the Siberian Branch (SB) of the RAS, Scientific Director of the Institute of Geology and Mineralogy of the SB of the RAS, is a prominent...

11 january 2021

Ilgiz Fazulzyanov: For a creator, the quarantine is the time to work on future masterpieces

Ilgiz Fazulzyanov is a successful and internationally recognized jewellery designer. He received his academic art education in Kazan and moved to Moscow in the 1990s where he lives and works now. His brand, Ilgiz F., is well known among true connoisseurs...

04 january 2021

Botswana Diamonds keen to mine KX36 kimberlite if found commercial

Botswana Diamonds intends to mine the KX36 kimberlite, which it recently acquired from Petra Diamonds if found commercial. The high-grade KX36 kimberlite pipe is part of the three Prospecting Licenses in the Central Kalahari Game Reserve in Botswana...

28 december 2020

‘We expect to completely open the Bourse for business by Q1 of the Year 2022,’ assures Vallabhbhai Patel, Chairman, SDB

Vallabhbhai Patel, Chairman of the Surat Diamond Bourse, dreamed of building the world’s largest commercial building in Surat for the Indian diamond industry. He conceptualized the ‘Surat Diamond Bourse’ (SDB), which is set to redefine...

21 december 2020

An opportunity to show your products and occupy your niche

Recently, GOLDNET.MARKET, the first jewellery wholesale marketplace, appeared on the Russian jewellery market. Vladimir Pilyushin, one of the founders of GOLDNET.MARKET, editor-in-chief of the ‘Russkyi Yuvelir’ (Russian Jeweller) magazine...

14 december 2020

AGD DIAMONDS CEO and acting governor of the Arkhangelsk region discussed the diamond mining industry in the region

13 april 2020

AGD DIAMONDS JSC CEO Sergey Neruchev met with the Acting Governor of the region, Alexander Tsybulsky. The parties discussed measures that will reduce the adverse performance impact the trends and ensure stable operation of the region’s diamond mining industry. 

            Image credit: AGD DIAMONDS

During the conversation, Sergei Neruchev spoke about the activities of AGD DIAMONDS. Alexander Tsybulsky noted: “Pomorye is the only territory in the European part of the country where diamonds are mined. Your company is a major taxpayer, employer, it implements large-scale investment programs. It’s important to understand what prospects you see and what we need to do to ensure that the company develops and expands in the region.”
In 2019, AGD DIAMONDS produced more than 4.7 million carats of diamonds, which is in line with the target production plan.
The company's contributions to the budget of the Arkhangelsk region in 2019 amounted to 3.4 billion rubles.
Moreover, in 2019, AGD DIAMONDS received licenses for geological exploration, including the study and assessment of diamond deposits in the Mezen district of the Arkhangelsk Region at the Razlomnoye, Torfyanoye and Yuzhno-Verkhotinsky sites. Another similar license for geological exploration at the Krugly site was obtained by the AGD in December 2018. In August 2019, large-scale exploration began in the licensed territories aimed at discovering new diamond deposits, the first stage comprised airborne geophysical study.

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