Chetan Kumar Mehta Propels Laxmi Diamonds to the Top
PGI Expects 50% Growth Rate in India: Pallavi Sharma
Platinum is Set to Become the Metal of Choice: Sujala Martis
Should Airlines Ban Carrying Gold in Hand?
Silver Leads the Recovery: Bearish Move Shows First Signs of Exhaustion
Macro Snapshot: The week ending May 1 was dominated by Powell’s final FOMC meeting on April 28-29, which delivered the headline outcome markets expected — a hold at 3.50-3.75% — but with a far more contentious internal split than anticipated. The committee voted 8-4 to hold (some sources reported 11-1, but the dissent count of four is firmer), with Stephen Miran preferring an immediate quarter-point cut and three others — Hammack, Kashkari, Logan — supporting the hold but opposing the
Silver Leads the Recovery: Bearish Move Shows First Signs of Exhaustion
Macro Snapshot: The week ending May 1 was dominated by Powell’s final FOMC meeting on April 28-29, which delivered the headline outcome markets expected — a hold at 3.50-3.75% — but with a far more contentious internal split than anticipated. The committee voted 8-4 to hold (some sources reported 11-1, but the dissent count of four is firmer), with Stephen Miran preferring an immediate quarter-point cut and three others — Hammack, Kashkari, Logan — supporting the hold but opposing the
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Industry Productivity Dropped 30%: Mark Cutifani
Toronto: Productivity remains number one operational challenge for the industry as it has dropped by 30% over the last decade, said Mark Cutifani, CEO of Anglo American, in his speech at the Prospectors and Developers association of Canada convention. Cutifani reported that since 2012 Anglo American has increased its productivity by 41%, delivering 8% more product, from a 1/3 fewer
Indian Gold Demand to Revive in 2017
Mumbai: The World Gold Council (WGC) has said in its latest Market Update that it expects Indian gold demand to recover from the lows of 2016 and reach levels of between 650-750 tonnes in 2017, before climbing further to about 850-950 t by 2020. The industry body stated that the gold market was one of the sectors of the Indian
GIA Finds Significant Undisclosed Synthetics
Mumbai: The Gemological Institute of America (GIA) recently uncovered an unusually large number of undisclosed synthetic diamonds mixed in with natural melee diamonds, the lab confirmed with Rapaport News on Monday. A parcel of 323 melee diamonds with an average size of 0.014 to 0.015 carats was found to contain 101 chemical vapor deposition (CVD) synthetic stones at the GIA’s
Lucara Exploration Sample Yields 4.56ct. Diamond
Gaborone: Lucara Diamond Corporation has recovered rough diamonds weighing more than 1 carat apiece – including one weighing 4.56 carats – from an ore sample that came from its BK02 exploration project in Botswana. That largest stone was a white-grey octahedron, the miner said on Monday. In total, the company recovered 22 diamonds of more than a carat each, including
Industry Productivity Dropped 30%: Mark Cutifani
Toronto: Productivity remains number one operational challenge for the industry as it has dropped by 30% over the last decade, said Mark Cutifani, CEO of Anglo American, in his speech at the Prospectors and Developers association of Canada convention. Cutifani reported that since 2012 Anglo American has increased its productivity by 41%, delivering 8% more product, from a 1/3 fewer
Indian Gold Demand to Revive in 2017
Mumbai: The World Gold Council (WGC) has said in its latest Market Update that it expects Indian gold demand to recover from the lows of 2016 and reach levels of between 650-750 tonnes in 2017, before climbing further to about 850-950 t by 2020. The industry body stated that the gold market was one of the sectors of the Indian
GIA Finds Significant Undisclosed Synthetics
Mumbai: The Gemological Institute of America (GIA) recently uncovered an unusually large number of undisclosed synthetic diamonds mixed in with natural melee diamonds, the lab confirmed with Rapaport News on Monday. A parcel of 323 melee diamonds with an average size of 0.014 to 0.015 carats was found to contain 101 chemical vapor deposition (CVD) synthetic stones at the GIA’s
Lucara Exploration Sample Yields 4.56ct. Diamond
Gaborone: Lucara Diamond Corporation has recovered rough diamonds weighing more than 1 carat apiece – including one weighing 4.56 carats – from an ore sample that came from its BK02 exploration project in Botswana. That largest stone was a white-grey octahedron, the miner said on Monday. In total, the company recovered 22 diamonds of more than a carat each, including
