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Diamonds.net - Grib Cancels Auction Amid Payment Block

Grib Diamonds, which markets rough from one of Russia’s largest mines, has canceled next month’s auction after a bank blocked customers’ payments at a previous sale.“In order to avoid a similar situation during the next auction, and due to the fact that Grib Diamonds has no influence on the. ....

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Diamonds.net - Rough Prices Skyrocket at Grib Antwerp Auction

Prices for rough at Grib Diamonds’ most recent sale in Antwerp saw a steep hike as robust demand led to strong bidding.The Belgian company, which sells production from AGD Diamonds’ Grib mine in Russia, garnered $73 million at its January 24 auction. Grib sold 560,000 carats at an average price. ....

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