Gold rises to Rs. 29,879 at futures trade

Author: unknown - Published 22-09-2017 12:12 - ( Reads)
Gold prices were up by Rs. 168 at Rs. 29,879 per 10 gram at the futures trade as speculators created positions amid positive cues from the global market.

Silver futures jump to Rs 40,054 per kg

Author: unknown - Published 22-09-2017 12:08 - ( Reads)

Silver prices went up by Rs 221 to Rs 40,054 per kg at the futures trade as participants widened their positions, tracking a firm trend in global market.

Giant Pink Diamond Discovered Could Be Alrosa's Most Expensive

Author: Thomas Biesheuvel and Yuliya Fedorinova - Published 21-09-2017 06:04 - ( Reads)
Russia’s Alrosa PJSC has unearthed a pink diamond that the gem giant says could be the most expensive it has ever found.

Alrosa, which produces more stones than anyone else, found the 27.85 carat pink gem at its alluvial mines in Russia’s Far East. The company said the biggest pink diamond it had previously found was less than 4 carats in weight.

Gem Diamonds finds another huge diamond at Lesotho mine

Author: Cecilia Jamasmie - Published 20-09-2017 21:49 - ( Reads)
Africa-focused Gem Diamonds (LON:GEMD) unveiled a 115-carat rock Tuesday at its flagship Letšeng mine in Lesotho, the latest in a string of major discoveries at the operation this year.

South Africa labour disputes drag Petra Diamonds shares down

Author: Cecilia Jamasmie - Published 20-09-2017 12:25 - ( Reads)
Shares in Petra Diamonds (LON:PDL) dropped almost 6% Tuesday after the company reported fresh labour disruptions at two of its mines in South Africa, amid talks to reach a new wage agreement.

Botswana Govt Diamond Act Change Will Not Hit Finances - Lucara

Author: Albert Robinson - Published 20-09-2017 12:24 - ( Reads)
Lucara Diamond Corp. said a reported proposed amendment to the Botswana Precious and Semi Precious Stones (Protection) Act regarding the Botswana government's right to purchase diamonds that are unusually large or have unusual features at market prices will not affect it financial position.

Pangolin Diamonds Provides Malatswae Project Exploration Update

Author: unknown - Published 20-09-2017 12:19 - ( Reads)
TSX VENTURE:PAN) (the "Company" or "Pangolin") is pleased to provide an exploration update for the 007 area of its 100% owned Malatswae Diamond Project in Botswana, Africa. The 007 project is one of six zones of interest within the Malatswae project where previous soil sampling recovered a diamond

Cut 3% IGST for bullion jewellery exporters: IBBA

Author: unknown - Published 20-09-2017 10:23 - ( Reads)
The India Bullion Bankers Association (IBBA) has appealed to the government to exempt gold and studded gold jewellery and articles' exporters from paying 3 per cent IGST on bullion at the time of imports.

Indonesia is the new gold route to India

Author: Sutanuka Ghosal - Published 15-09-2017 11:36 - ( Reads)
Less than three weeks after the government placed curbs on the import of gold under a free trade agreement with South Korea, some traders have found a loophole and are supplying the metal at a lower price through Indonesia, which has a similar accord with India.
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