The 200-Day Held: Now Comes the Test That Decides Whether the Bounce is a Reversal

Macro Snapshot: The week ending July 3 broke a five-week decline for both gold and silver. Gold posted its first weekly gain since late May and silver led the recovery with a much larger move. The trigger was a weaker-than-expected US jobs report, which reset rate-hike expectations and pushed the dollar to its largest weekly decline since April. Layered underneath were two other significant developments: the release of the World Gold Council’s Mid-Year Outlook on Tuesday July 1 (covered in

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The 200-Day Held: Now Comes the Test That Decides Whether the Bounce is a Reversal

Macro Snapshot: The week ending July 3 broke a five-week decline for both gold and silver. Gold posted its first weekly gain since late May and silver led the recovery with a much larger move. The trigger was a weaker-than-expected US jobs report, which reset rate-hike expectations and pushed the dollar to its largest weekly decline since April. Layered underneath were two other significant developments: the release of the World Gold Council’s Mid-Year Outlook on Tuesday July 1 (covered in

Read More »

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Winners of Baselworld Design Competition Announced

Basel: Solidscape Announced names of the Winners of the 2017 Baselworld Design Competition BASEL, Switzerland (March 26, 2017) — Solidscape®, Inc., the leading manufacturer of high precision 3D wax printers for the jewellery industry, and a subsidiary of Stratasys, Ltd., announces the winners of the seventh annual Baselworld Design Competition. As the focal point of the watch and jewellery industry,

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India Will Delink Diamond Mining from Exploration

Mumbai: In a step aimed at ending corruption and arbitrariness in diamond mining in the country, India has decided to delink mining and exploration rights. Till now, the company which earned the mining rights for a specific piece of land, also had the right to gain profits from exploration of that mine. Now, the government will pay for exploration, and

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Lucapa Values Mothae Resources at $1,063/ct.

Perth: The Mothae mining project in Lesotho contains mineral resources worth an estimated $1,063 per carat, according to Lucapa Diamond Company, which recently acquired the asset. Mothae holds 1.04 million carats of diamond resources, with a grade of 2.7 carats per 100 tonnes of ore, the miner said on Friday. The figures resulted from an independent estimate carried out by

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GJEPC Hosts India Pavilion at BaselWorld 2017

Mumbai: A contingent of 15 leading Indian manufacturers of loose gemstones and jewellery is participating in the India Pavilion at BaselWorld 2017. The show, which opened yesterday and is expected to attract over 150,000 visitors/buyers from across the globe, runs till March 30, 2017. The India Pavilion, which covers nearly 200 sq m, includes leading players from different centres including

Read More »

Winners of Baselworld Design Competition Announced

Basel: Solidscape Announced names of the Winners of the 2017 Baselworld Design Competition BASEL, Switzerland (March 26, 2017) — Solidscape®, Inc., the leading manufacturer of high precision 3D wax printers for the jewellery industry, and a subsidiary of Stratasys, Ltd., announces the winners of the seventh annual Baselworld Design Competition. As the focal point of the watch and jewellery industry,

Read More »

India Will Delink Diamond Mining from Exploration

Mumbai: In a step aimed at ending corruption and arbitrariness in diamond mining in the country, India has decided to delink mining and exploration rights. Till now, the company which earned the mining rights for a specific piece of land, also had the right to gain profits from exploration of that mine. Now, the government will pay for exploration, and

Read More »

Lucapa Values Mothae Resources at $1,063/ct.

Perth: The Mothae mining project in Lesotho contains mineral resources worth an estimated $1,063 per carat, according to Lucapa Diamond Company, which recently acquired the asset. Mothae holds 1.04 million carats of diamond resources, with a grade of 2.7 carats per 100 tonnes of ore, the miner said on Friday. The figures resulted from an independent estimate carried out by

Read More »

GJEPC Hosts India Pavilion at BaselWorld 2017

Mumbai: A contingent of 15 leading Indian manufacturers of loose gemstones and jewellery is participating in the India Pavilion at BaselWorld 2017. The show, which opened yesterday and is expected to attract over 150,000 visitors/buyers from across the globe, runs till March 30, 2017. The India Pavilion, which covers nearly 200 sq m, includes leading players from different centres including

Read More »

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