Russia's AGD Recovers 52-ct Diamond

By John Jeffay / February 01, 2024 / www.idexonline.com / Article Link

(IDEX Online) - Sanctioned Russian miner AGD Diamonds has announced its first "extra large" recovery of 2024 - a 52.47 carat gem quality diamond.AGD produces diamonds from the Grib diamond pipe - named after Russian geologist Vladimir Grib - 130km from Arkhangelsk, in north-west Russia.Its Belgium-based subsidiary, Grib Diamonds, was also sanctioned when the US responded to the invasion of Ukraine.AGD, Russia's second biggest diamond miner after Alrosa, said the stone was the 43rd extra-large diamond (+50 cm) since the mine began commercial production in 2014. It described it as octahedron with a light lemon yellow color."We will definitely give a name to it; we name all large diamonds," the miner told Russian news agency Tass.Pic courtesy AGD Diamonds

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