WYSD celebrated by Skill India Mission

Skill India Mission celebrates 4th Anniversary on World Youth Skills Day (WYSD): More than 1 crore youth join the skilling ecosystem every year. Ministry of Skill Development & Entrepreneurship made an array of announcements including Degree Apprenticeship Programme, new courses in ITIs on Electric Vehicles (EVs) and IoT in Smart Agriculture courses!

Skill India’s 4th Anniversary Celebration event was graced by the presence of Smt. Nirmala Sitharaman, Minister of Finance & Corporate Affairs with other ministers! Smt. Nirmala Sitharaman, said, the Skill India Mission has offered new avenues of livelihood to the youth of the country.

Mid-year 2019 gold outlook is of uncertainty!

Recently World Gold Council (WGC) published the ‘Mid-year 2019 gold outlook: Heightened risk meets easy money’. They say, “We believe that over the next six to twelve months, 1: Financial market uncertainty and accommodative monetary policy will likely support gold investment demand. 2: Price momentum and positioning may fuel rallies and create pullbacks, as investors continuously reassess their expectations based on new information. & 3: Weaker economic growth may soften gold consumer demand near term, but structural economic reforms in India and China will likely support long-term demand.

The report talks, 

1: Risk off, risk on: The first half of 2019 proved quite eventful for financial markets. Stocks retraced their Q4 2018 losses by the end of April only to pullback again in May.1 A few weeks later; stocks reached new highs yet again. At the same time, central banks across the globe have signalled a more accommodative stance, bringing global bond yields to multi-year – and in some countries, all-time – lows.

Kirkland Lake Gold production over 214K oz

Kirkland Lake Gold Ltd announced production for the second quarter of 2019 (2Q2 2019) of 214,593 ounces and for the first six months of 2019 (H1 2019) of 446,472 ounces. Production in Q2 2019 was driven by record quarterly production at Fosterville totaling 140,701 ounces, bringing year-to-date production at the mine to 269,145 ounces at June 30, 2019.

Production at Fosterville is expected to increase from Q2 2019 levels in each of the final two quarters of the year, with the mine remaining on track to achieve full-year 2019 guidance of 570K-610K ounces. On a consolidated basis, the Company continues to target full-year 2019 production of 950K-1,000K ounces.

Endeavour Silver Produces 1,059,322 oz Silver

Endeavour Silver Corp. reports its production results for the 2Q (Second Quarter), 2019 from the Company’s four silver-gold mines in Mexico: the Guanaceví mine in Durango state, the Bolañitos and El Cubo mines in Guanajuato state and the El Compas mine in Zacatecas state.

Silver production in the Second Quarter, 2019 was 1,059,322 ounces (oz) and gold production was 9,558 oz, resulting in silver equivalent production of 1.8 million oz at an 80:1 silver-gold ratio. The 22% lower silver production and 30% lower gold production compared to Q2, 2018 were due to the planned reduction of mine output at El Cubo and lower throughput and grades at Bolanitos, partly offset by higher production from Guanacevi and initial commercial production from El Compas.

Angelz, unconventional jewels

Preeti Bedi is a young Mumbai-based jewellery designer. She holds a degree in Interior Designing, and loves inculcating the idea of design in everything she sees around her. She started designing jewellery for herself and her family, initially as a hobby, but soon people in her circle started noticing. This is when she decided to turn her hobby into a full-time business.

“Initially I used to make jewellery for my friends without keeping any profits but by seeing the growing demand for my designs, I thought it was to take this seriously. I am a strong believer of Waheguruji and Angels and have immense faith in whatever they do is best for me, so a lot of my designs are inspired by wings with religious symbols,” says Preeti.

Beat the speed record with U-Boat

U-Boat and Dino Romano ready to beat the speed record! One more time on the road to Utah, towards Bonneville Salt Flats, Italo Fontana decides to join and support his friend and famous customiser Dino Romano in a just postponed challenge. A full ecologic enterprise aims to break the record on the Salt Lake of speed riding a super-motorbike powered by natural gas, in occasion of  the annual Salt Lake City Speed Week in Utah from the 7th to 17th of August.

The Open Eyes Dream Team aka OED Italian Racing Team will ride “Christine” for U-Boat at over 400 Km/h on the lake salty surface in order to break the speed record of 375 km/h. Four professional riders will turn the dream into reality, Dino Romano himself , Maurizio Vettor, popular tester and journalist of Moto.it, Rosaria Fiorentino and Louisa Swaden both popular motorcyclists.

WorldSkills Museum Artefact Launch

An exclusive preview of the unique artefacts collected for the new WorldSkills Museum has been unveiled in Shanghai. They include four medals awarded to Champions and participants dating back to 1966, a rare early photograph of the WorldSkills Founder, Francisco Albert Vidal, from 1952 and a selection of video footage beginning in 1949.

The WorldSkills Museum will be the first in the world devoted to vocational skills and is a collaboration between WorldSkills International and WorldSkills Shanghai 2021, the city chosen for the 46th WorldSkills Competition.

“These artefacts reveal the growing importance of WorldSkills over the years in promoting the power of vocational education and training throughout the world”, said WorldSkills International CEO, David Hoey. “We hope that the WorldSkills Museum will not just tell the wonderful story of our past, but also inspire young visitors to make their future in skills.”

Alrosa to auction special size diamonds

Alrosa, the world's largest diamond mining company, held an auction for special size rough diamonds (over 10.8 carats) in Israel. The total revenue from sales amounted to $8.2 million. The company sold 82 gem-quality diamonds with a total weight of 1,422 carats. Companies from Israel, Belgium, India, UAE, Russia, the USA and Hong Kong participated in the auction.

Lucapa announces 1H 2019 result!

Lucapa Diamond Company delivered on key operational goals at its high-value Lulo and Mothae diamond mines in the June 2019 Quarter (the Quarter 2) and H1 2019, putting the Company on track to report an operating profit in 2019.

Lucapa is a growing diamond company with high-value mines in Lesotho (Mothae) and Angola (Lulo), where the Company is also exploring a highly-prospective kimberlite field. Lucapa’s vision is to become a leading global producer of premium-quality diamonds from alluvial and kimberlite sources.

GII AGDDT-2019) symposium in August

Gemmological Institute of India (GII) is organising a symposium on the Advances in Gem & Diamond Detection Technology-2019 (AGDDT-2019) during August 7-8, 2019. This symposium will provide a forum for discussing various trade related issues, latest developments in Gem & Diamond Detection Technology, quality assurance and quality control that is required for evolving standard methods and methodologies and lab standardisation.

GII with its continuous R&D contributions and dedicated efforts is organising this symposium by inviting experts from India and abroad to share knowledge with the participants.