Commodity Exchange Limited (ICEX), which completed yet another successful
settlement cycle in the first week of March, 2018, also continues to witnesses
a consistent increase in turnover and volumes for both its diamond futures
contracts of 1 CT and 0.50 CT, respectively. The Exchange had launched its 0.50
CT Diamond futures contract on 27th November 2017.
the March 2018 expiry, 67.96 carats of 1CT diamond and 31.81 carats of 0.50CTof
diamond were delivered by the exchange. Total 99.77 carats of diamonds in both
the futures contracts put together valuing Rs.2.77 crore were delivered in the
recently concluded settlement cycle.
Diamonds announces its Full Year Results for the year ending 31 December 2017.
According to the operational results, performance of Letšeng mine records, recovery
111 811 carat of rough over the previous year 2016 of 108 206 carats of rough!
Overall waste tonnes mined of 29.7 million tonnes was 29.8 million tonnes in
diamonds larger than 100 carats each recovered while that was, Five in 2016
& 7.87 carat pink diamond achieved US$ 202 222 per carat, making it the
second highest price per carat achieved by a Letšeng rough diamond. 58.38 carat
white diamond achieved US$ 61 905 per carat, making it the highest price per
carat achieved for a Letšeng rough white diamond for 2017.
"Signet Path to Brilliance" Transformation Strategy to Drive Growth
and Long-term Financial Performance. Announces Agreement to Sell Non-Prime
Receivables! According to the report for Signet Fiscal 2018, same store sales
declined 5.2% in the fourth quarter and declined 5.3% in full year fiscal 2018!
Fiscal 2019 and Beyond Signet announces second phase of credit outsourcing in
an agreement to sell the remaining, non-prime portion of its accounts
receivable for proceeds of $401 million - $435 million to investment funds
managed by CarVal Investors with proceeds used to fund share repurchases of
approximately $475 million.
de Paon Ring: Fréderic Boucheron was fascinated by the nature that he loved
wild and triumphant. One of its wonders, the peacock feather, quickly became an
inspiration for the jeweler who saw in it an expression of freedom. More than a
century later, Plume de Paon continues to animate Boucheron's creations. Thanks
to the unique embroidery technique developed by the Maison, Plume de Paon
pieces come to life as the wearer moves.
pure beauty of nature, the peacock’s feather is an inexhaustible source of
inspiration for Maison Boucheron. Its lightness is unmatched and it moulds to
the shape of the body so that it becomes one with the wearer. Plume de Paon
ring, set with one rose-cut diamond and paved with diamonds, in white gold
Bank of India (RBI) has issued a Prompt Corrective Action (PCA) framework to
maintain sound financial health of banks. It facilitates banks in breach of
risk thresholds for identified areas of monitoring, viz., capital, asset
quality (which is tracked in terms of the net Non-Performing Assets ratio) and
profitability, to take corrective measures in a timely manner, in order to
restore their financial health.
Beers Group announced it has signed a non-binding Memorandum of Understanding
(MoU) with its partner in the Gahcho Kué mine, Mountain Province Diamonds Inc.
MoU contemplates incorporating properties owned by Kennady Diamonds Inc.
(Kennady Diamonds) into the Gahcho Kué joint venture, in the event that
Mountain Province’s proposed acquisition of Kennady Diamonds is approved.
Mountain Province and De Beers will now work towards a definitive agreement
based on the MoU.
Corp announces its operational and
financial results for the fourth quarter and year-end December 31, 2017. B2Gold says, record annual consolidated gold
production, for the ninth consecutive year, of 630,565 ounces of gold
(including 79,243 ounces of pre-commercial production from Fekola), exceeding
the upper end of the revised guidance range (of 580,000 to 625,000 ounces) and
well above the upper end of the original guidance range (of 545,000 to 595,000
Hong Kong 2018 magnificent jewels and jadeite Exhibition is announced to be
held on 29 March – 2 April, Auction would be undertaken on 3 April at, Hall 5,
Hong Kong Convention and Exhibition Centre
3 April, Sotheby’s Hong Kong Magnificent Jewels and Jadeite Spring Sale 2018,
will offer exceptional and rare treasures that epitomise quality and artistry.
Headlined by a superb jadeite bangle estimated in excess of HK$80 million /
gemstones such as the emeralds from Zambia's world-beating Kagem mine in
Lufwanyama were in the spotlight at this year’s glittering Oscars Awards in
Hollywood. A regular on red carpets everywhere, fine emeralds have taken on
renewed popularity thanks to the promotion by London-based Gemfields, which
owns 75 percent of Kagem in a model partnership with the Zambian government.
to the SA government, the 11 suspects who were arrested by the Hawks in
Rustenburg and Johannesburg for the illegal dealing in and theft of unwrought
platinum are expected in court this morning. The syndicate was arrested on
Thursday following an intelligence-driven operation aimed at addressing the
illegal dealing of unwrought platinum in the North West and Gauteng provinces.
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