Asanko Gold production over 63K Oz in Q3

Asanko Gold (AGM) announced production results for the third quarter, Q3 2019 record proceeds of $91.0 million generated from gold sales of 63,009 ounces at an average realized price of $1,443 per ounce. Gold production remained of 62,440 ounces, on track to meet 2019 production guidance of 225K – 245K ounces for the Q3 at Asanko.

DGCX Named, Exchange of the Year

The Dubai Gold and Commodities Exchange (DGCX) has been recognized as ‘Exchange of the Year’ at the FOW Global Investor MENA Awards 2019 for its remarkable growth, in which it broke numerous records for trading volume, notional value and open interest.

The ‘Exchange of the Year’ winner is carefully selected from a pool of candidates, based on the Exchange’s ability to cater to investors’ demands through derivatives contracts. The award also recognizes outstanding performance and product launches that help differentiate the winning exchange from the rest of its peers.

Operating margin over 15% at Richemont 1H

Richemont announces its unaudited consolidated results for the six month period ended 30 September 2019. Its key Financial highlights are, 1: Sales increased by 9% at actual exchange rates to € 7 397 million and by 6% at constant exchange rates, 2: Growth in all regions, distribution channels and business areas at actual exchange rates, led by the Jewellery Maisons and Online Distributors.

3: Double digit sales progression at actual exchange rates in China, Korea, Japan, the US and the United Kingdom, outperforming other locations; a difficult environment in Hong Kong SAR, China, 4: At actual exchange rates, high-single digit growth in the Group’s directly operated boutiques, led by the Jewellery Maisons, and double digit growth in online sales across all Maisons and businesses.

Grand Prix goes to Audemars Piguet

Watchmaking excellence was honoured in Geneva at the 19th Grand Prix d’Horlogerie de Genève (GPHG) prize-giving ceremony, brilliantly hosted by actor Edouard Baer. The GPHG's independent jury awarded 19 prizes and attributed the, Aiguille d’Or Grand Prix to Audemars Piguet for the Royal Oak Self-winding Perpetual Calendar Ultra-Thin watch.

The Bvlgari, Chanel, Chronométrie Ferdinand Berthoud, Genus, Hermès, Kudoke, MB&F, Ming, Seiko, Tudor, Urwerk, Vacheron Constantin et Voutilainen brands were also rewarded for their expertise and creativity.

The Special Jury Prize, which honours an influential actor in the watchmaking world, was bestowed on Luc Pettavino, Founder and Organiser of Only Watch.

From today DIN System came into force

The Documentation Identification Number (DIN) system of Central Board of Indirect Taxes (CBIC) will come into existence from tomorrow, i.e., on Friday, 8th November 2019. This path breaking DIN system in indirect tax administration has been created as per the direction of Union Minister for Finance and Corporate Affairs Smt. Nirmala Sitharaman and from now onwards any CBIC communication will have to have a Documentation Identification Number.

Government has already executed the DIN system in the direct tax administration. This step is to further the Government’s objectives of bringing transparency and accountability in the indirect tax administration also through widespread use of information technology.

The need for positive change: WDC

By:  Stephane Fischler, WDC President

These are whirlwind days for those involved in the build up to the Kimberley Process (KP) Plenary Meeting in New Delhi, India, which will open on November 18 and conclude November 22. With a range of critical issues as yet unsettled, participants are sharing and promoting last-minute positions, during bilateral meetings in different parts of the world and at a number of strategically scheduled conferences, attended by many of the key players. Those included the Russia-Africa Summit in Sochi, Russia, toward the end of October, and the Diamond Conference in Gaborone, Botswana, where I currently am located.

Debbie Azar Interviewed by Bold TV

Debbie Azar, President and Co-Founder of Gemological Science International (GSI), was interviewed by streaming news channel Bold TV on Friday, October 10. During her segment, she commented on diamond spending trends amongst millennials and what consumers should look for when buying diamonds.

Azar spoke with hosts Julie Sun and David Grasso about how millennials are buying diamonds. In fact, they make up 40 percent of all diamond sales, and added that many are women “self-purchasers

On lab-grown diamonds, Azar explained that while they have the same physical, chemical and optical properties – there are noteworthy differences.

Aisshpra new store launch in Azamgarh

Renowned Jewellery brand Aisshpra Gems & Jewels, known for creating landmarks and trends lights up the festive season this Diwali with a brand new store in Azamgarh for their patrons. Spread across 2000 sq ft the store presents more than 10000 unique designs in Gold & Diamond Jewellery for the upcoming wedding season.

After triumphantly catering elegance with their aesthetic Gems & Jewellery since 79productive years in their beloved homeland Gorakhpur, Aisshpra now has widened their wings a little by cropping up with another retail showroom along with the broad array of exquisite jewellery that braces the essence of elegance and craftsmanship.

Season’s Karnaphool 2019 in Kanpur

The 159 year old legacy Lala Jugal Kishore Jewellers has been known for enchanting signature danglers designed by Tanya Rastogi. Each year, the festive season witnesses a multi city dangler, a festival Karnaphool which boasts season’s trend setting designs. Like every year, the multi city festival hosted the opening show in Kanpur during 1st August to 3rd August at The Landmark.

The 3 day long festival witnessed an overwhelming footfall of visitors! 

The Rebirth of a Watch Icon

Alpine Eagle Small, 36 mm, Self-Winding, Rose Gold, Diamonds has arrived. Contemporary, refined and assertive, the new sport-chic Alpine Eagle timepiece collection is a contemporary reinterpretation of the St Moritz, the first watch created in 1980 by Karl-Friedrich Scheufele, now co-president of the Chopard house.

Imagined and personally designed by him, the Alpine Eagle was driven by his passion for the Alps and by the lofty power of the eagle that reigns supreme there. Crafted in ethical 18-carat rose gold and set with diamonds, it beats to the rhythm of a Chronometer-certified movement.