Global Gold City Project Announced
Platinum is Set to Become the Metal of Choice: Sujala Martis
Should Airlines Ban Carrying Gold in Hand?
Now That a Jobs Miss Broke Gold’s Resistance, Can Silver Clear Its Ceiling?
Macro Snapshot: The FOMC held rates at 3.50 to 3.75% on July 29 by a 9 to 3 vote, with three members dissenting in favour of a quarter-point hike. Chair Kevin Warsh described inflation as a ‘choice’ and made clear the Committee would move quickly if incoming inflation data ran hot. Going into the week ending August 7, CME FedWatch put September hike odds near 58%. That framing collapsed on Friday. The Bureau of Labor Statistics reported that US employers
Now That a Jobs Miss Broke Gold’s Resistance, Can Silver Clear Its Ceiling?
Macro Snapshot: The FOMC held rates at 3.50 to 3.75% on July 29 by a 9 to 3 vote, with three members dissenting in favour of a quarter-point hike. Chair Kevin Warsh described inflation as a ‘choice’ and made clear the Committee would move quickly if incoming inflation data ran hot. Going into the week ending August 7, CME FedWatch put September hike odds near 58%. That framing collapsed on Friday. The Bureau of Labor Statistics reported that US employers
Top News
Zimbabwe to Exempt Diamond Miners from 51% Rule
Harare: Zimbabwe appears ready to consider applications from companies mining platinum or diamonds to be exempt from a requirement that they be at least 51% owned by black citizens of the country, provided they can show they have a plan to achieve compliance, mines minister Winston Chitando said in an interview in Cape Town on Wednesday. One such company that
Signature IIJS Inaugurated By Arunkumar Mehta
Mumbai: The Gem & Jewellery Export Promotion Council (GJEPC) presented the trade with two wonderful opportunities to commence the Year’s buying season with the 11th edition of Signature IIJS and the 5th edition of India Gem & Jewellery Machinery Expo (IGJME). Mr. Arunkumar Mehta (Chairman, Rosy Blue (India) Pvt. Ltd. & B. Arunkumar & Co.) inaugurated Signature IIJS 2018 in the
Namdeb Seeks Buyer for Elizabeth Bay Mine
Windhoek: Namdeb Holdings, a 50/50 joint venture between the Government of the Republic of Namibia and De Beers Group, yesterday announced it is to seek a buyer for its Elizabeth Bay mine to secure its long-term future. The mine was commissioned in 1991 and is located along the South Western coast of Namibia near the town Lüderitz. It employs around
More Chinese than Americans to Buy Diamonds
Beijing: More Chinese consumers are expected to buy diamond jewellery in the future compared to their American counterparts, according to a recent research. Russian mining giant Alrosa and research firm GfK surveyed more than 4,000 respondents from the US and China in 2017. The participants, aged 25 to 55 years with average or above average income who bought or received
Zimbabwe to Exempt Diamond Miners from 51% Rule
Harare: Zimbabwe appears ready to consider applications from companies mining platinum or diamonds to be exempt from a requirement that they be at least 51% owned by black citizens of the country, provided they can show they have a plan to achieve compliance, mines minister Winston Chitando said in an interview in Cape Town on Wednesday. One such company that
Signature IIJS Inaugurated By Arunkumar Mehta
Mumbai: The Gem & Jewellery Export Promotion Council (GJEPC) presented the trade with two wonderful opportunities to commence the Year’s buying season with the 11th edition of Signature IIJS and the 5th edition of India Gem & Jewellery Machinery Expo (IGJME). Mr. Arunkumar Mehta (Chairman, Rosy Blue (India) Pvt. Ltd. & B. Arunkumar & Co.) inaugurated Signature IIJS 2018 in the
Namdeb Seeks Buyer for Elizabeth Bay Mine
Windhoek: Namdeb Holdings, a 50/50 joint venture between the Government of the Republic of Namibia and De Beers Group, yesterday announced it is to seek a buyer for its Elizabeth Bay mine to secure its long-term future. The mine was commissioned in 1991 and is located along the South Western coast of Namibia near the town Lüderitz. It employs around
More Chinese than Americans to Buy Diamonds
Beijing: More Chinese consumers are expected to buy diamond jewellery in the future compared to their American counterparts, according to a recent research. Russian mining giant Alrosa and research firm GfK surveyed more than 4,000 respondents from the US and China in 2017. The participants, aged 25 to 55 years with average or above average income who bought or received
