NEWS
PGM production up 1% at Anglo American
Anglo
American Platinum delivers on commitments to restructure portfolio and
reposition business. Company reinstates dividend yet the year 2017, a year of Tragic
deaths of six colleagues during 2017, R2.4 billion free cash flow generated
from operations & Return on capital employed doubled to 18%!
Strong
balance sheet with net debt further reduced to R1.8 billion from R7.3 billion
though Repositioned the portfolio with 70% of production in the first half of
the cost curve: 1: R1 billion sale of long-dated Amandelbult mineral resources
completed, 2: Pandora JV stake sale completed and operational control of Baobab
concentrator secured for three years.
Aisshpra Gems & Jewels wins Award!
Luxury
Jewellery brand, Aisshpra Gems & Jewels wins the ‘Retail Transformation of
the Year 2018 Award’ at ET Now Global Awards for Retail Excellence held in
Mumbai. The coveted award was presented to Mr Atul Saraf, Director, Aisshpra
Gems Jewels accompanied by Mr Vaibhav Saraf, Director, Aisshpra Gems &
Jewels at the hands of Retail Veteran, Mr Biju Kurien amidst the presence of
eminent personalities from the retail industry.
Platinum & Rose Gold Jewellery launched!
Mukti Gold launches exclusive collection
with
Swarovski Zirconia
IIJS
Signature held on 9th & up to 12th February 2018-the official
platform for showcasing India's manufacturing & jewellery capabilities,
turned to be the perfect platform for Mukti Gold to launch its latest
collection in Platinum and Rose Gold set with Swarovski Zirconia.
GJEPC signs MoU with MIDC for Jewellery Park
To
establish India’s Largest Jewellery Park
Shri Suresh Prabhu , Union Minister of Commerce & Industry and Shri. Devendra Fadnavis, Chief Minister of Maharashtra grace the momentous occasion for Indian Gem & Jewellery Industry!
In
yet another landmark step, The Gem & Jewellery Export Promotion Council
(GJEPC), the apex body of Indian Gem & Jewellery Industry has signed a
Memorandum of Association (MoU) with Maharashtra Industrial Development
Corporation (MIDC) to establish India’s Largest Jewellery Park, to be
christened as “India Jewellery Park Mumbai”.
Now direct trade in Dirham and Rupee!
The
UAE and India have reached a historic agreement which will enable businesses on
both sides to bypass the US Dollar or any other foreign currency and trade
directly in UAE Dirhams and the Indian Rupee. The agreement will mean large
savings for business communities on both sides as trade between the UAE and
India soars to new highs.
India’s
Ambassador to the UAE, Navdeep Suri, said that this is in addition to the
agreements and memoranda of understanding which were signed during Prime
Minister Narendra Modi’s just-concluded two-day visit to Abu Dhabi and Dubai.
Kirkland Gold production of 596,405 oz
Kirkland
Lake Gold announced record annual and quarterly production for the full-year
and fourth quarter of 2017, respectively. Comparative information for the
full-year and fourth quarter of 2016 includes results for the Fosterville ,
Cosmo and Stawell mines prior to the merger between Kirkland Lake Gold Inc.
Consolidated
full-year 2017 production of 596,405 ounces, beating improved guidance of
580,000 – 595,000 ounces & record full-year production at all operating
mines, including 263,845 ounces at Fosterville , 194,237 ounces at Macassa,
66,677 ounces at Holt and 50,764 ounces at Taylor.
Anil Kapoor inaugurates new showroom
New
Showroom of Malabar Gold & Diamonds in Noida!
Malabar
Gold & Diamonds, one among the top five jewellery retail-chain in the
world, has opened its new showroom in Noida. Bollywood star Anil Kapoor has
inaugurated the brand new facility located at Sector18 in Noida In the presence
of Malabar Gold & Diamonds India Operations Managing Director O Asher,
Regional Head PK Sirajand others.
David Webb to debut cross river bracelet
The
15th edition of the Doha Jewellery and Watches Exhibition (DJWE) will
open its curtain tomorrow, & run through 21 and 26 February at the Doha
Exhibition and Convention Center (DECC) & David Webb to debut one-of-a-kind
cross river bracelet at DJWE 2018.
Chaumet to unveil the Colombes at DJWE
Chaumet
will return to the DJWE and will revile the new Complication Creative Colombes,
nominated in the Ladies' High Merch category, is an invitation to dreams and an
ode to love. A limited edition of 12 pieces, it is the alliance of a Swiss
mechanism designed exclusively for Chaumet and the Maison's exceptional
jewellery craftsmanship.
2018, a crucial year for the KP!
2018
will be a crucial year for the Kimberley Process, in working for tangible
progress for the honest diamond trade, and meeting the call of the
international community to ensure that the Kimberley process remains fit for
purpose in a changing world through reform.
We
will launch practical work right away. In the first quarter of 2018, we will
reach out to the Chairs of the Kimberley Process working bodies to develop a
joint work programme, which we will share with all of you. We will take stock
of our joint efforts at the Intersessional in Antwerp at 19-22 June.