Trade News

Maharashtra to announce MSMEs package shortly! (2020-05-27)

Like the central government, the state government is also planning to help small and medium enterprises. Its preparation is in the final stages. This will be announced after the approval of the Cabinet. This will try to ease the burden of interest on small scale industries, said Industry Minister Subhash Desai here today. He was speaking at Read More...

Borrowing Unlikely to Translate into Stimulus (2020-05-27)

Dr. Devendra Pant, Chief Economist and Head Public Finance inks with Dr. Sunil Kumar Sinha, Principal Economist and Director Public Finance & Amit Jain, Analyst of India Ratings and Research says, Increased Central Government Borrowing Unlikely to Translate into Meaningful Fiscal Stimulus! India Ratings and Research (Ind-Ra) beli Read More...

OceanaGold sales over 91K Oz in 1Q (2020-05-27)

OceanaGold reports production and costs for the first quarter ended March 31, 2020. Key highlights of the Company said Michael Holmes appointed President and Chief Executive Officer, following nearly eight years as Chief Operating Officer. Consolidated gold and silver production of 80,707 ounces and 54,134 ounces, respectively, consolidat Read More...

Asanko sales over 67K Oz of gold (2020-05-27)

Asanko Gold results for the first quarter (Q1) from the Asanko Gold Mine (AGM), located in Ghana, West Africa. The Company expects to release its full financial and operational results before the market opens on May 7, 2020. AGM Q1 Gold production for the quarter totaled 66,333 ounces and a record proceeds of $104.6 million generated from gol Read More...

Kagem adopts VPSHR (2020-05-27)

Gemfields – the company that owns the Kagem emerald mine in Lufwanyama in partnership with the Zambian government – has become the first gemstone company in the world to be recognized as a corporate member by the Voluntary Principles on Security and Human Rights (VPSHR). The principles are a globally recognized initiative by governments, c Read More...

A Krayon Premiere: Anywhere! (2020-05-27)

What if you could tell the exact time of sunrise or sunset at any location on the planet? Wherever you happen to be – or imagine yourself to be. Truly anywhere. Once again, Krayon introduces a first in watchmaking: Anywhere – where time marks our relationship with Earth. Krayon's second watchmaking creation, anywhere, indicates the leng Read More...

MSMEs contribute 48% of total exports! (2020-05-26)

Union Minister for MSME and Road Transport and Highways, Shri Nitin Gadkari said that the government is exploring new financial lending institutions to support small-scale units in terms of financial support.  Shri Gadkari said that the government is working towards strengthening the NBFCs which will help small businesses to avail easy credit in Read More...

UK retail to reopen in June (2020-05-26)

Thousands of high street shops, department stores, and shopping centers across England are set to reopen next month once they are Covid-19 secure and can show customers will be kept safe, Prime Minister Boris Johnson has confirmed. The Prime Minister, UK has set out: Outdoor markets and car showrooms will be able to reopen from 1 Read More...

Alrosa issues exchange-traded bonds (2020-05-26)

Alrosa announces that it has successfully closed the deal to offer a sizable amount of rouble exchange-traded bonds with a record-low for today’s market coupon rate, which attests to the Company’s excellent credit quality. Technically, BO-03, BO-04, BO-05, BO-06, and BO-07 series exchange-traded bonds were placed on 22 May 202 Read More...

Séguéla Gold Internal rate of return is 66% (2020-05-26)

Roxgold announces the results of a Preliminary Economic Assessment (PEA) for the high-grade Séguéla Gold Project (Séguéla) in Côte d’Ivoire. The PEA provides a base case assessment of developing the Antenna, Ancien, Agouti, and Boulder deposits as open-pit mines feeding a central gold processing facility. Roxgold expects to continue its evalu Read More...