Trade News

Consultative meeting of New Foreign Trade Policy held (2021-01-15)

Meeting of the Parliamentary Consultative Committee of the Ministry of Commerce and Industry was held on the subject New Foreign Trade Policy 2021-26. The meeting was chaired by the Minister of State for Commerce and Industry Shri Hardeep Singh Puri, and attended by Hon'ble Members of Parliament and senior officers of the Ministry. The Hon'ble Read More...

Lucara Recovers 341 Carat Top Diamond (2021-01-15)

Lucara Diamond announced the recovery of an unbroken 341 carat top white gem quality diamond from its 100% owned Karowe Diamond Mine in Botswana (image attached). The 341 carat diamond was recovered over the holiday period from milling of ore sourced from the south western quadrant of the South Lobe M/PK(S) unit. The recover Read More...

Lesotho will remain fully operational (2021-01-15)

Gem Diamonds Limited announces that its Letšeng mine in Lesotho will remain fully operational following the announcement of new Covid-19 lockdown restrictions as published by the Lesotho Government under the recent Gazette number 66. The Letšeng mine shall continue to implement measures for the regular testing and protection of all of Read More...

Quickly Industry upgrades digital capabilities! (2021-01-15)

In his industry address, David Kellie, CEO, Natural Diamond Council (NDC) recently said, we look forward with hope to an ever-improving year ahead. Our thoughts remain with all of those that continue to be impacted by the Covid crisis. Here at the Natural Diamond Council, we continue to see many reasons for optimism within the industr Read More...

WGC released Gold Outlook 2021 (2021-01-15)

Recently the World Gold Council (WGC) released, Gold Outlook 2021. The report said, the Covid-19 pandemic raised uncertainty by compounding existing risks and creating new ones. But by the end of last year, investors were optimistic that the worst was over. Looking ahead, we believe that investors will likely see the low interest rate environme Read More...

AWDC announced MyKYCBank webinar! (2021-01-15)

According to the announcement made by Antwerp World Diamond Centre (AWDC), webinar where Pranay Narvekar, Chief Executive Officer at MyKYCBank, is going to walk us through the My KYC Bank platform. By means of a presentation Mr. Narvekar will discuss the importance of Why should I do KYC, followed by how the MyKYC Bank operates, and how t Read More...

Stay ready to witness the era of functional jewellery! (2021-01-13)

According to Dr Anand Deshpande, founder & CMD-Persistent System & Asim Tewari, Chair Professor of Department of Mechanical Engineering, China & US is the global leader in the field of Artificial Intelligence (AI). Today, it is understood that China is number 1 & at the position of 2 is US. 3: UK, 4: South Korea, 5: Germany 6: Japan Read More...

Teranga beats high end of full-year guidance! (2021-01-13)

Teranga Gold reports full year gold production of 404,460 ounces for 2020, exceeding the top end of its full-year production guidance range. This marks the fifth consecutive year that the Company has both attained record annual gold production and exceeded production guidance. As at December 31, 2020, after approximately $28 million in debt Read More...

Gold and Silver exploration to outperform in 2021! (2021-01-13)

Important Research Report on why Crescat Capital believes Gold and Silver exploration companies will greatly outperform in 2021. Looking at Markets is cyclical, today, it expect a new wave of rising commodity prices, set up by past underinvestment in basic resources, to soon ripple through the global supply chain creating a head Read More...

Swiss National Bank profit reached to CHF21 billion (2021-01-13)

The Swiss National Bank (SNB) expects to post an annual profit of CHF21 billion ($23 billion) for 2020, it said on Friday. Rising stock prices had boosted the value of its huge foreign currency investments. The SNB made a profit of CHF13 billion from its foreign currency positions and saw a valuation gain of CHF7 billion f Read More...