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ALROSA to Firm Up Zimbabwe Plans in Six Months; Seeks Management Control in JV
Mar 20, 2019
Russian miner ALROSA has said that it would finalise its plans to carry out diamond mining in Zimbabwe over the next six months after reviewing the extent of the diamond reserves, , according to reports in the local media. The Company also said that it would proceed only if it gets management and operational control of any joint venture projects it may undertake with local partners.
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The Silver institute Survey for 2018 Shows 10th Straight Year of Growth for Silver Jewellery Sales
Mar 20, 2019
A survey conducted by on behalf of The Silver Institute’s Silver Promotion Service (SPS) revealed that the market for jewellery made in the white metal continued to be strong, with the boom extending to 2018, which marked the 10th straight year of growth. Majority of retailers reporteddouble digit increases year-over-year with sales growth, high product turnover rates, the institute said. Needless to say, optimism was high for future growth.
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Dubai Precious Metals Conference in April to Focus on Driving Industry Growth
Mar 20, 2019
DMCC has announced that it will hold the eighth edition of the Dubai Precious Metals Conference (DPMC) on April 11, 2019 at the Atlantis, The Palm, in Dubai.
News
Pre-Brexit Surge in UK Demand Boosts Swiss Watch Exports in February
Mar 20, 2019
Boosted by a massive 58.3% surge in demand from the United Kingdom (UK) largely on account of stockpiling ahead of the fast-looming Brexit, the Swiss watch export industry registered a year-on-year increase of 3.4% year-on-year during February 2019,despite the impact of a base effect that remained very unfavourable, the Federation of the Swiss Watch Industry FH said in its monthly update.

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Metal & Currency Rates

  • GOLD1307.70 PER T.O. (0.9990)
  • EURO77.7526
  • US DOLLAR68.5785
  • SILVER$ 15.4100 PER T.O. (0.999)