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India launches AI-based Skill Bridge!

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ASEEM digital platform to bridge  Gap of skilled force across sectors: MSDE ASEEM: https://smis.nsdcindia.org/ In an endeavour to improve the information flow and bridge the demand-supply gap in the skilled workforce market, the Ministry of Skill Development and Entrepreneurship (MSDE) launched ‘Aatmanirbhar Skilled Employee Employer Mapping (ASEEM)’ portal to help skilled people find sustainable livelihood opportunities. Apart from recruiting a skilled workforce that spurs business competitiveness and economic growth, the Artificial Intelligence-based platform has been envisioned to strengthen their career pathways by handholding them through their journeys to attain industry-relevant skills and explore emerging job opportunities especially in the post COVID era. Envisaging the rapidly changing nature of work and how it impacts the workforce is crucial in restructuring the skilling ecosystem with the new normal settling post-pandemic. Besides identifying majo

Pandora Q2 tumbled up to -40%

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Online organic growth Shot up to 176% in Q2 2020 Pandora hereby releases preliminary unaudited results for the second quarter of fiscal year 2020. The report for Q2 said, 86% of Pandora’s owned and franchised concept stores were open as of 30 June 2020. Total sell-out growth and organic growth ended around -40% in Q2 2020 and continued to improve during the quarter Online organic growth was 176% in Q2 2020. Q2 2020 EBIT before restructuring costs is expected to be roughly breakeven - significantly better than the expected negative EBIT communicated in early May 2020. Pandora continues to consider the Covid-19 situation and macroeconomic environment as highly uncertain and unpredictable At a trading front, the global reopening of the physical store network is progressing. Today, more than 86% of the Pandora concept stores are open to the public. Almost all stores in the 7 key markets have re-opened. In most markets, operational adjustments in the stores are necess

PNG Shubh Aarambh collection!

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Collection launches at wedding season! New wedding jewellery shopping fest and The Dajikaka Promise Plan 100! As excitement builds up towards the revival of the wedding season, coupled with high returns in gold investments, there has been a noticeable shift in consumer mind set towards the purchase of gold jewellery.  At the same time it is well known that 80% of all marriages across the country have been postponed for the latter half of the year. This unique occurrence has created many hurdles for young couples who were scheduled to be tied in holy matrimony. Keeping this in mind, Maharashtra’s leading Jeweller, PNG Jewellers has announced an innovative and unique wedding jewellery proposition to provide customers with the necessary cushion to allow them to fulfill  their life long dreams. Hence, the brand has launched the 'Dajikaka Promise Plan 100'. In this plan, customers pay a minimum of Rs. 1,00,000/- as a one- time advance booking. On completion o

80% interest of Lac Doda sold!

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TomaGold announces the sale Interest to Goliath Resources! TomaGold Corporation announces the signing of an option agreement for the sale of up to an 80% interest in the Lac Doda Property to Goliath Resources Limited. The Lac Doda Property consists of 80 mining claims covering 4,478 hectares and is located approximately 20 km southwest of the Monster Lake property in the Chibougamau mining camp in Quebec. The following is a summary of the terms for the acquisition by Goliath of a 65% undivided interest, 1: Upon receipt of the approval of the TSX Venture Exchange or at the latest on July 31, 2020, Goliath will issue 625,000 common shares and 625,000 warrants, each warrant entitling the holder to acquire one common share of Goliath at a price of $0.24 over a 36-month period. 2: On or before August 31, 2020, Goliath will pay TomaGold an amount of $25,000. 3: On or before August 31, 2021, Goliath will pay an additional amount of $25,000 to TomaGold. In order to acqu

Marigold produced 4mn oz of gold

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Marigold Mine Increased 2020 Exploration Budget! SSR Mining Inc announces that our Marigold mine achieved another major milestone with the production of its four millionth ounce of gold on June 30, 2020. The Marigold mine has been in continuous operation for more than 30 years and produced a record 220,227 ounces of gold in 2019. Paul Benson, President and CEO said, “Four million ounces of gold from continuous production is a testament to the scale and quality of the Marigold deposits and the commitment of the Marigold team. Since the mine began operating in 1989, it has consistently replaced Mineral Reserves and Mineral Resources and today it has a longer mine life than when it opened. We are advancing several exploration targets across our Marigold, Valmy, and Trenton Canyon land packages which have the potential to increase Mineral Resources. With the recent promising sulphide ore intercepts at Trenton Canyon, the Marigold mine continues to demonstrate its explo

Lucapa recovers 15th +100 carat diamond

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Slowed very early in the Quarter 2 As a result of the Covid-19! Lucapa Diamond Company Limited presents its activities report and results for the Quarter 2, ending 30 June 2020. Lucapa’s operational of the Quarter include, 1: Delineation drilling at Lulo kimberlite L071 completed and bulk sampling commenced, 2: Delineation drilling at Lulo kimberlite L072 commenced, 3: SML commenced staged ramping of alluvial diamond production back to full capacity. 4: 15th +100 carat diamond recovered by SML, 5: Lulo higher-grade alluvial deposit identified at Mining Block 06, 6: Completion of two diamond sales by SML and Mothae, realising US$4.0m (A$6.1m) at an average of US$546 (A$833)/ carat & 7: Successful rights issue completed by Lucapa raising A$5.2m (before costs). SML’s operations were slowed very early in the Quarter to essential operations as a result of the Covid-19 pandemic, but due to the easing of certain restrictions during the Quarter, SML was able to bring p

CBDT and SEBI signed MoU!

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The MoU will facilitate the Sharing of data and information! A formal Memorandum of Understanding (MoU) was signed between the Central Board of Direct Taxes (CBDT) and the Securities and Exchange Board of India (SEBI) for data exchange between the two organizations. The MoU was signed by Smt Anu J Singh, Pr DGIT (Systems), CBDT and Smt. Madhabi Puri Buch, Whole Time Member, SEBI in the presence of senior officers from both the organizations via video conference. The MoU will facilitate the sharing of data and information between SEBI and CBDT on an automatic and regular basis. In addition to regular exchange of data, SEBI and CBDT will also exchange with each other, on request and suo moto basis, any information available in their respective databases, for the purpose of carrying out their functions under various laws. The MoU comes into force from the date it was signed and is an ongoing initiative of CBDT and SEBI, who are already collaborating through various ex