How Russkiye Samotsvety is coping with the current downturn

One of the key issues facing most Russian companies today is the need for an objective assessment of the new consumption decline due to the quarantine, as well as making forecasts for a way out of it. According to a RBC-Petersburg’s study made in June...

Today

Global rough diamond sales down 80-90% in value in Q2 –Zimnisky

The COVID-19 pandemic, which is spreading across the globe, having originated from China’s Wuhan has left diamond traders and buyers at sixes and sevens. Traditional diamond tenders were cancelled around March as governments imposed travel restrictions...

27 july 2020

Indian diamond and polishing industry requires forward integration - Dinesh Navadiya

Dinesh Navadiya is now the Regional Chairman (Gujarat Region) of The Gems & Jewellery Export Promotion Council (GJEPC) of India for the 3rd term. He is also the Director on the Board of the Gem & Jewellery Skill Council of India (GJSCI)...

20 july 2020

GJEPC will focus on demand generation for diamonds and jewellery in the next two years

Mr. Vipul P Shah, Vice Chairman, GJEPC and also CEO & Managing Director of Asian Star Co. Ltd. has a rich experience in the diamond industry. His business acumen and professional conduct have contributed significantly in transforming a diamond manufacturing...

13 july 2020

The need for significant capital investments will be the main trend in the diamond mining industry in 2021-2030

The prospects of the diamond industry in the post-crisis period are discussed by the Rough&Polished correspondent with Sergey Mityukhin, Candidate of Geological and Mineralogical Sciences, Honored Geologist of the Russian Federation.

06 july 2020

An exclusive diamond recovered by AGD DIAMONDS is named after Boris Popov

10 july 2020
news_17042020_agd_diamonds.png
Image credit: AGD DIAMONDS

A unique diamond recovered by AGD DIAMONDS at the Grib Mine in April 2020 was named after Boris Popov, the statesman who made a significant contribution to the discovery and development of the Arkhangelsk diamondiferous province.
Boris Popov (1909-1993), who headed the Arkhangelsk regional committee of the CPSU in 1967-1983, attained the promotion of the Arkhangelskgeology Regional Office, the successor of which is AGD DIAMONDS, to leading positions in the country. Largely due to the personal contribution of Boris Popov, the Arkhangelsk Province after a large-scale prospecting was discovered and established as a diamondiferous area. The exclusive gem-quality diamond weighing 50.36 carats now bearing the name of Boris Popov was unearthed on April 13, 2020.
The innovative, highly environmentally friendly technologies used by AGD DIAMONDS to process kimberlite ore allow it to regularly produce large high-quality diamonds. Thus, the company’s Grib Mining Division retrieved a diamond weighing 86.46 carats in January 2020, followed by another diamond in March weighing 53.95 carats. In 2019, the Grib Mining Division produced 11 exclusive diamonds, each exceeding 50 carats in size.
The Grib diamond field is one of the largest in the world, taking the 4th place in Russia and 7th in the world in terms of reserves.