Golden Predator extends 3 Aces mineralization

Golden Predator extends 3 Aces mineralization

Golden Predator Mining Corp. of Vancouver says its 2018 drill program at the 3 Aces gold project successfully extended the mineralization in the Hearts zone. Continuity has been confirmed 500 metres down dip and...
DRI gold smuggled into India from Dubai, Sri Lanka

DRI seizes Rs 6.8 cr worth gold smuggled into India from Dubai, Sri Lanka

The Directorate of Revenue Intelligence (DRI) has arrested four people for allegedly trying to smuggle gold valuing about Rs 6.88 crore into the country from Dubai and Sri Lanka, according to an official statement...
Sam Zell, Chairman of Equity Group Investments

Billionaire Sam Zell buys gold for first time in bet on tight supply

Gold’s dimming supply prospects have caught the eye of one billionaire. “For the first time in my life, I bought gold because it is a good hedge,” Sam Zell, the founder of Equity Group Investments,...
UK hallmarking reveals 2.4% annual fall as silver suffers

UK hallmarking reveals 2.4% annual fall as silver suffers

Final results for last year’s hallmarking figures from the four UK Assay Offices reveals that in total, the number of items marked last year fell by 2.4%. In total, 9,114,402 items were hallmarked in 2018...
gold industry

Endeavour Mining increases its Ity mine ownership

Endeavour Mining has increased its ownership stake in the Ity mine from 80% to 85%. In exchange for the additional 5% interest in the Ity mine, Endeavour granted DYD International, a company owned by Didier...
India’s Polished Diamond Exports Down 6% Y-o-Y in January, Gold Jewellery Exports Drop 3%

GJEPC Welcomes Exemption for Exporters from 3% IGST on Gold Supply; Seeks Further Changes...

The Gem & Jewellery Export Promotion Council (GJEPC) has welcomed the government notification exempting exporters from levy of 3% IGST on gold supplied to them by Nominated Agencies, and said that it would actively...
MERAKI BY P Mangatram Jewellers

Meraki by P Mangatram unveils ‘tvum’ collection

Meraki by P Mangatram has unveiled the ‘Tvum’ collection that showcases a blend of contemporary styles and traditional heritage. The creation is the reflection of glorious romance between art, soul, and creativity. It is...
chinas icbc buys giant london gold vault from barclays

Gold barrels into 2019 as growth concerns spur demand for haven

Gold closed out 2018 on a strong note, its haven demand reinvigorated by volatile trading in global equities, rising concern about the economic outlook and a drawn-out government shutdown in the U.S. Bullion futures held...
Asia Gold industry

Asia Gold-Safe haven lure fails to lift demand; Indian jewellers stock up

* Higher prices dampen appeal * China premiums ease to $3-$7 an ounce * Spot gold on track for biggest weekly gains in three * Dealers in India offer $2/oz discount Physical gold demand lacked vigour in most...
Suresh Prabhu Minister of Commerce and Industry

New gold policy likely soon; looking at all aspects of yellow metal: Suresh Prabhu

The domestic industry has demanded a cut in import duty on gold to 4% from the current 10%. The government is working on an integrated gold policy, which is expected to be released soon, to...

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Botswana and De Beers Seal Landmark Diamond Agreement

Botswana and De Beers Seal Landmark Diamond Agreement

Botswana and De Beers have officially signed a long-awaited diamond sales agreement, months after the initial deadline for renewal in June 2023. Botswana’s newly elected...
SRK Sets New Benchmark In Sustainability By Achieving Reduction In GHG Emissions

SRK Sets New Benchmark In Sustainability By Achieving Reduction In GHG Emissions

By achieving a 34% reduction in greenhouse gas emissions per carat compared to the global industry average As of November 2024, SRK recorded...
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