e-way bill grievance redressal officers appointed

As per the decision of the GST Council, e-way bill system has been rolled-out in a staggered manner across the country. E-way bills are getting generated successfully and till 17th July, 2018, more than Thirteen Crore and Fifty Lakh e-way bills have been generated which includes Six Crore and Fifty Lakh E-way bills for Intra-State movement of goods.

Grievance Redressal Officers have been appointed by both the Central and State Governments under the provisions of e-way bill rules for processing the complaints/information uploaded by taxpayers/transporters regarding detention of their vehicle. List of these Grievance Redressal Officers is available at http://www.cbic.gov.in/resources//htdocs-cbec/gst/GRO%20Officers%20-%20180718.pdf .

Government takes measures for GST refund

In order to sort out the problems being faced by the exporters for refund claims of GST two ‘Special Drive Refund Fortnight’ were organized from 15.3.2018 to 29.3.2018 and from 31.5.2018 to 16.6.2018. As a result, most of the claims filed till 30.04.2018 have been sanctioned. IGST refunds amounting to Rs. 21,142 crore and RFD-01A refunds totalling Rs 16,920 crore has been sanctioned by CBIC and State Governments as on 16.06.2018.

Russia is ready to host WorldSkills

Russia is ready to host WorldSkills Kazan 2019

The Russian Government is confident that Russia is ready to host WorldSkills Kazan 2019. Delivery of this event will help change the vocational training system of the country. This was announced in the White House by Deputy Prime Minister Tatyana Golikova during a meeting with President of WorldSkills Simon Bartley, WSI Chief Executive Officer David Hoey, and Director General of the Young Professionals (WorldSkills Russia) Union, Robert Urazov.

Pangolin eyeing Orapa Kimberlite, inks JV

Pangolin Diamonds (PAN) has finalized the commercial terms of the Joint Venture Agreement with Makanwu Civil Blasting (PTY) Ltd. (MCB), a private company incorporated under the laws of the Republic of Botswana owned by citizen partners. PAN has previously announced signing an Option Agreement under which it has the option to enter into a Joint Venture with MCB after PAN has evaluated the geological merits of the AK10 kimberlite.

Under the Joint Venture Agreement, MCB has granted PAN the sole and exclusive option to earn up to a 75% interest in respect of MCB’s precious stone AK10 Diamond Project located in the Central District of Botswana, Africa.

B2Gold revenues increase to $285 Million

According to B2Gold Corp. its quarterly consolidated gold production of 240,093 ounces, a significant increase of 98% (or 118,645 ounces) over the same period last year and 7% (or 16,308 ounces) above budget, due to the continued strong performances of the Fekola Mine in Mali, Masbate Mine in the Philippines and the Otjikoto Mine in Namibia

Consolidated gold revenue of $285 million, a significant increase of 73% (or $121 million) over the same period last year. Fekola Mine continued to operate above plan, producing 112,644 ounces of gold in the quarter, 11% (or 11,225 ounces) above budget, based on Fekola’s strong year-to-date performance, Fekola’s annual production guidance has been revised higher to be between 420,000 to 430,000 ounces of gold (original guidance was between 400,000 to 410,000 ounces).

Premier Sales of 20,642 Oz gold in Q2

By Increasing annual gold production guidance Premier Gold Mines Limited announces its second quarter (Q2) production results, including an increase in annual production guidance, and a continued solid and safe track record from the Company’s mining operations.

According to the report, during the Q2 2018 gold production remained of 16,007 ounces with silver production of 51,746 ounces. All together gold sales of 20,642 ounces during the quarter 2. First half gold production from South Arturo significantly exceeded annual production forecasts. The Company has therefore revised its full-year consolidated production guidance from 85,000 - 95,000 to 90,000 - 100,000 ounces of gold.

CIBJO participating in ECOSOC

CIBJO President Gaetano Cavalieri is participating in the annual High-Level Segment of the Economic and Social Council (ECOSOC) currently underway in New York, where just prior to the meeting the council's Secretary General approved and distributed a statement on the jewellery industry's contribution to the UN development programme that had been submitted by the World Jewellery Confederation.

The three-day ECOSOC gathering that began on July 16 represents the culmination of ECOSOC's annual cycle of work, and convenes a diverse group of senior representatives from government, private sector, civil society and academia for policy dialogue, review and recommendations on the 2030 Agenda for Sustainable Development, as well as other international development goals.

DMCC Signs MoU with Royal Fund Investments

DMCC, the world’s flagship Free Zone and Government of Dubai Authority on commodities trade and enterprise, has signed a Memorandum of Understanding (MoU) with Royal Fund Investments LLC (RFI).

Ahmed Bin Sulayem, Executive Chairman of DMCC and Guolong Ma, CEO, RFI signed the MoU at DMCC’s headquarters Almas Tower, further cementing the strong bilateral trade relations between DMCC and a rapidly growing Chinese business community.

Vocational occupations to be more significant!

It is both a great honour and a big responsibility to host WorldSkills Competition in Kazan. This was announced by President of Tatarstan Rustam Minnikhanov at the meeting with members of the WorldSkills International Board of Directors led by President of WorldSkills, Simon Bartley. The meeting took place at the House of Government of Tatarstan.

Welcoming the WorldSkills International management, Rustam Minnikhanov thanked the guests once more for the trust they placed in Russia and Kazan. He reminded that Russia had joined the WorldSkills movement just recently but there is already the outcome we can see as the country holds national competitions, and Russian representatives are participating in the European events.

GoGold silver sales hike up by 34% YoY

GoGold Resources announces sales of 382,150 silver equivalent ounces for the quarter ended June 30, 2018, which was an increase of 34% over the previous year.  The Company produced 163,991 ounces of silver and 1,630 ounces of gold for 292,273 silver equivalent ounces at the Parral project during the quarter, a 2% decrease from the prior year.