NEWS
The Indian Heritage Rajwada Collection
At Latique,
the art of Kundan jewellery flourished in the royal courts of Rajasthan and
Gujarat under the encouragement and patronage of the Mughals from the 16th
century onwards. Kundan pieces are
extremely intricate and involve a lot of skilled labour.
Each
piece is hand-finished, which translates into countless hours of hard work by
skilled artisans. The time taken to craft a small piece of kundan jewellery
could vary anywhere between two to four months, depending on the craftsmanship
and the intricacy of the chosen design.
SEZ generates over 21 lakh employments
The
Special Economic Zones (SEZs) policy was launched in April, 2000. The Special Economic Zones Act, 2005, was
passed by Parliament in May, 2005 which received Presidential assent on the
23rd of June, 2005.
Shanghai delegation visits SEEPZ
The
delegation consist of 30 members team from Shanghai Diamond Exchange (SDE) is
on the visit of SEEPZ SEZ to learn all about SEEPZ facilities and manufacturing
capabilities and benefits of manufacturing in the area of SEEPZ. Chandra pal
Singh Chauhan, Jt Development Commissioner (Jt DC)-SEEPZ SEZ, welcome delegates
from Shanghai who visited well organised SEEPZ SEZ, Mumbai.
Altus Sign Strategic Investment
Altus
Strategies, the Africa focused project and royalty generator, announces that
further to the Company’s announcement, it has entered into a Strategic
Investment Agreement with La Mancha Holdings SÀRL, a Luxembourg-incorporated
private gold investment company. Under the Agreement and subject to regulatory
and Altus shareholder approval, La Mancha will subscribe.
Strategic
Investment Agreement, conditional strategic investment from La Mancha of
approximately C$11.2 million or say approximately US$8.4 million. La Mancha
Investment occurring at an approximate 20% premium to the closing market price
and an approximate 30% premium to the Company’s 30 day volume weighted average
price, in each case on the TSX Venture Exchange, being the last trading day
prior to the announcement of the Letter of Intent between La Mancha and Altus.
Orion Veins receives High-Grade gold
Wallbridge
Extends the Lower Tabasco Zone by 230 Metres Down-Dip and Receives First
High-Grade Assays from Orion Veins! Wallbridge Mining Company’s drill program
on Fenelon Gold Property has intersected visible gold and abundant sulfide
mineralization over a 16-metre core length. This extends the Lower Tabasco Zone
a further 230 m down-dip to a vertical depth of 850 metres.
High
grade assays were also received from drill holes testing the newly discovered
Orion Corridor located over 400 metres to the southeast, further demonstrating
the exceptional gold endowment in this gold system over the entire one
kilometre strike length explored so far.
Gold ETFs lost 1% in November
Regional
and fund-specific analysis of gold holdings and flows in USD: Gold-backed ETFs and similar products
account for a significant part of the gold market, with institutional and
individual investors using them to implement many of their investment
strategies.
Flows
in ETFs often highlight short-term and long-term opinions and desires to
holding gold. The data on this page tracks gold held in physical form by
open-ended ETFs and other products such as close-end funds, and mutual funds.
Most funds included in this list are fully backed by physical gold.
Strive for complete transparency!
Piyush
Goyal was the chief guest
at the
3rd edition of IGJS 2019
The
Hon’ble Minister of Commerce & Industry and Railways, Government of India,
Shri Piyush Goyal inaugurated the 3rd India Gold and Jewellery Summit (IGJS) 2019
in Delhi, assuring members of the industry from different parts of the country
who had gathered for the event, that the government will lend its full support
to them to enable the industry to flourish, while also calling on them to
strive for greater self-regulation and complete transparency.
Initiatives for the MSMEs to grow!
As
reported by Reserve Bank of India, the Scheduled Commercial Banks have
outstanding credit of Rs.15,10,650.52 crore to 320.68 lakh MSMEs in the year
ending March, 2019. In order to offer the right products and funding at the
right time and help the MSMEs to grow, Government has taken various initiatives
specifically to ease the access to finance.
Kinsley Mountain Gold Deposit at Shift
Recently
Liberty Gold announced that it has signed a definitive purchase option
agreement for the sale of its 79.1% interest in the Kinsley Mountain Gold
project, located in northwest Nevada to Barrian Mining. Pursuant to the terms
of the Agreement, on closing, Liberty Gold will receive an aggregate of over
US$7,500,000 in value for Kinsley.
Anahata Collection launched!
Rubies
are quite fascinating and there are many who admire their natural beauty,
wearing rubies as a piece of jewellery is an age-old practice. Ruby stimulates
the heart and the fourth energy centre.
Anahata
is the centre of self-love, but at the same time this energy centre sustains a
number of altruistic feelings, such as joy, fascination, enthusiasm,
tenderness, admiration, rapture, and respect. Latique have come up with an
exquisite range that can be worn beautifully which is handcrafted with
traditional techniques but with a contemporary twist in design for all the
modern and self-made women out there.