Wednesday 31 August 2016
#AOJQuote of the day 31st August :
“We would talk to parties interested in Bunder
diamond mine once Rio Tinto formally hands the project back. Madhya
Pradesh already has a lot of data on the mine that can be shared with
potential bidders or any government company willing to develop it.” -
Balvinder Kumar, Mines Secretary, Govt of India
Balvinder Kumar, Mines Secretary, Govt of India
#AOJDailyeNews Tiffany’s sales fall 6%, profit falls 5% in Q2 2016
Jewellery retailer Tiffany & Co. reported that its second quarter worldwide sales declined 6% to US $932 million and comparable store sales declined 8%. Profit declined 5 per cent to US $106 million when compared with the previous year period’s $111 million.
#AOJDailyeNews Inter Ministerial Group (IMG) to review status of Vedanta gold mine
An Inter Ministerial
Group (IMG) set up to fast-track mining leases will review the status of gold
mine by Anil Agrawal-led Vedanta among others next month Read More
#AOJDailyeNews Fifth tranche of sovereign gold bonds to open from Sept 1
The 5th tranche of Sovereign Gold Bonds will open for nine days from September 1, through which the government aims to attract a large number of investors to curb the demand for physical gold Read More
#AOJDailyeNews India may auction Bunder diamond mine abandoned by Rio Tinto
India will auction a diamond project that global miner Rio Tinto is abandoning, or allocate it to a state firm, said the government. Read More
#AOJDailyeNews Bullion and jewellery to be charged 1% to 2% under GST regime:FICCI
There seems to some good news on the GST front for gold & jewellery. In a release following a meeting with the Empowered READ MORE
Gold prices decline after US Fed makes case for interest-rate hike
Gold fell on Tuesday
after Federal Reserve officials sounded a hawkish note on interest rates,
boosting the dollar Read More
Tuesday 30 August 2016
#AOJDailyeNews Alrosa’s revenue and profit soar in H1 2016
Russia’s mining giant Alrosa has issued a report on its financial performance on the first half of 2016, announcing a 42 per cent increase in revenue year-on-year to US $2.87
Read More
#AOJDailyeNews GIA to offer Graduate Diamonds Diploma Program in Dubai
GIA will offer its internationally recognised eight-week Graduate
Diamonds (GD) diploma program in Dubai beginning Oct 20. The course allows
professionals and aspiring professionals an easy access to world-class
gemmology education. Read More
Subscribe to:
Posts (Atom)