Liberty Gold Announces Second New Discovery

Liberty Gold Corp announced that new drilling at Black Pine in southern Idaho has successfully intersected another thick zone of high grade oxide gold mineralization, expanding the size and potential of this Carlin–style gold system. 

This second discovery intercept of 1.78 grams per tonne gold (“g/t Au”) over 48.8 metres (“m”) in drill hole LBP023 is located beneath the limit of historical drilling approximately 240 m to the northeast of drill hole LBP021, which returned 1.78 g/t Au over 47.2 m, as reported in the June. The drilling confirms that high grade oxide gold mineralization is present in the gap area, with the intercept located only 65 m below the floor of the pit.

PSBs NPA moved down!

Gross NPAs of Public Sector Banks (PSBs) have declined by Rs. 89,189 crore from the peak of Rs. 8,95,601 crore in March 2018 to Rs. 8,06,412 crore in March 2019New Delhi, June 25, 2019.

As per Reserve Bank of India (RBI) data on global operations (provisional data for the financial year ending March 2019), Gross Non-Performing Assets (NPAs) of Public Sector Banks (PSBs) have declined by Rs. 89,189 crore from the peak of Rs. 8,95,601 crore in March 2018 to Rs. 8,06,412 crore in March 2019 (provisional data).

Decline in Credit because of Exports due

As per data compiled by RBI, the balance outstanding for export credit by all Scheduled Commercial Banks (SCBs) increased from Rs 1,85,591 crore as on 31.3.2015 to Rs 2,43,890 crore as on 31.3.2018 before declining to Rs 2,26,363 crore as on 31.3.2019.

June sales reached $222 million at Alrosa

Alrosa, the world’s largest diamond miner, announces diamond sales results for June and six months of 2019.

In June, Alrosa Group sold $222.4 million worth of rough and polished diamonds. Rough diamond sales by value amounted to $219.3 million, polished diamond sales – $3.1 million. Alrosa’s total rough and polished diamond sales in January-June 2019 amounted to $1,811 million. During the six months of 2019, rough diamonds were sold for $1,784 million, polished diamonds – for $27.3 million.

US retailers imports ahead of Possible Tariffs

Imports at the nation’s major retail container ports will remain at high levels this summer but are expected to grow only modestly compared with last year’s rush to bring merchandise into the country ahead of scheduled tariff increases, according to the monthly Global Port Tracker report released today by the National Retail Federation and Hackett Associates.

“Retailers still want to protect their customers against potential price increases that would come with any additional tariffs, but with the latest proposed tariffs on hold for now and warehouses bulging, there’s only so much they can do,” NRF Vice President for Supply Chain and Customs Policy Jonathan Gold said.

CIBJO Ethics Commission on sustainability!

Properly managed pearl farms offer real opportunities to individuals and communities living on small islands in the South Pacific and Indian Oceans, both from an economic perspective and in terms of protecting the marine environment, said Tiffany Stevens, President of CIBJO’s Ethics Commission during the 2019 Global Multi-Stakeholder SIDS Partnership Dialogue, which was held at the United Nations in New York on July 10. Indeed, she added, for a cultured pearl farm to become an economically sustainable asset, it is essential that it also be operated in an environmentally sustainable manner.

Ms. Stevens, who additionally is President and CEO of the Jewelers Vigilance Committee, the New York-based organisation that provides legal advice, education and self-regulation services to jewellers and other members of the American jewellery industry, was speaking at the gathering on behalf of CIBJO President Gaetano Cavalieri.

RK Jewellers: Recreating an ancient art!

Recreating the charm of an ancient art form that demands inordinate proficiency and technique, RK Jewellers South Extension 2 presents a marvellous assortment of exclusive jewels namely Sculptured Agate. Featuring the intricate art of carving on gemstones these traditional baubles speak louder than words with their enthralling magnificence. Bringing the emeralds to life with profound souls, the carved stones effortlessly lend a 3-dimensional detail to each jewel. Every engraved stone is equivalent to a sculpture thereby blurring the fine line between art & jewellery.

The US mint celebrates Coins in Space

What’s been to Mars, the International Space Station, the Hubble Space Telescope, and the Kuiper Belt? The answer may surprise you – U.S. coins.

In addition to sending coins to space, the Mint also designs coins and medals to honor the accomplishments of the U.S. space program. This year, two coin programs mark the achievements of the Gemini and Apollo space programs: the 2019 Native American $1 Coin and the Apollo 11 50th Anniversary Commemorative Coin Program.

WorldSkills to participate in the UN activities

Since 2014, when the United Nations General Assembly declared 15 July as World Youth Skills Day (WYSD), WorldSkills has marked the day around the globe.

For the first time, WorldSkills will be take part in the UN activities with an exhibition at the High-level Political Forum, and Amelia Addis, of the WorldSkills Champions Trust, will be speaking at the official World Youth Skills Day event, marking the first time a WorldSkills Champion has taken part in the activities.

De beers elephant conservation initiative

De Beers Group announced that the second translocation of elephants from its Venetia Limpopo Nature Reserve (VLNR) in South Africa to Zinave National Park in Mozambique has taken place.

The first herds of elephants were corralled at the VLNR on 25 June, before making their journey by road some 1,700km where they were released at Zinave on 27 June. The final herds arrived at Zinave today, bringing the total number of elephants moved in 2019 to 53.