ALMAR is a case in point that will serve to develop the process of funding junior companies and geological exploration in general

Arkticheskaya Gornaya Kompaniya (AGK, Arctic Mining Company) develops the diamond deposits in the Lena-Anabar diamondiferous sub-province of Yakutia under the ALMAR (Diamonds of the Arctic) brand. This company attracts investments for...

10 may 2021

Stephan Wolzok: When we’re all able to go back to our “normal” lives, then the market will do the same

Rubel & Ménasché, the well-known Paris-based diamond company, has been supplying the jewelry houses of Place Vendôme with high-end small goods for over 50 years. The company has been granted European Commission “Authorized Economic Operator” (AEO)...

03 may 2021

Advanced Diamond Online Academy - how Branko Deljanin raises awareness among industry professionals

The intercontinental diamond educational web series, launched by BrankoGems Advanced Diamond Online Academy, premiered on April 9, 2021. A special course, created for diamond professionals, aims to raise awareness among industry players on diamonds...

26 april 2021

Igor Kevchenkov - “The things that will survive us”

Igor Kevchenkov, Director General of ‘Russkaya Yuvelirnaya Kompaniya (Russian Jewellery Company) No. 1’, one of the seasoned professionals in the jewellery industry due to many years of experience, answered the questions about the state of the...

19 april 2021

Gold brings stability, acts as insurance, and generates higher risk-adjusted returns especially in times of heightened uncertainty

Somasundaram PR (Som) joined the World Gold Council in January 2013, as Managing Director, India. Based in Mumbai, Som is responsible for leading the World Gold Council's activities across the Indian gold market. Som has over 27 years of...

12 april 2021

AGD DIAMONDS nets $ 40 M at auction in Antwerp

30 april 2021
A recent auction in Antwerp held by Grib Diamonds, the trading arm of AGD DIAMONDS developing the Grib Diamond Field in the Arkhangelsk Province, resulted in $ 40 million netted for more than 580 000 carats of rough diamonds sold.
Summing up the auction, Grib Diamonds pointed to a slight increase in prices for the offered assortment of goods, indicating continuous high demand for diamonds ranging from 5 to 10 carats, as well as stones weighing 2-4 and 1.0-1.5 carats. Good prices were also obtained for smaller stones. Prices for very small diamonds weakened and showed a decline, with a few exceptions.
At the next auction, Grib Diamonds intends to offer new goods from Angola, including diamonds weighing 10.8 carats and above and smaller stones, which will be on display at a viewing in Antwerp from 21 May onwards.

Vladimir Malakhov, Rough&Polished