GJ Town India

The US Mint coin priced at $11.50 Honoring Maryland American Innovation   The 2020 United States Mint (Mint) American Innovation $1 Reverse Proof Coin honoring Maryland will be available for purchase on December 30 at noon EST. The coin is priced at $11.50. Orders will be limited to five coins per household for the first 24 hours on sale. Production is limited to 50,000 coins.   The American Innovation $1 Coin Program is a multi-year series featuring distinctive reverse (tails) designs that pay homage to America’s ingenuity and celebrate the pioneering efforts of individuals or groups from all 50 states, the District of Columbia, and the U.S. territories. The reverse of the Maryland American Innovation $1 Reverse Proof Coin recognizes the Hubble Space Telescope, one of the largest and most versatile space telescopes. The telescope is managed by teams at the National Aeronautics and Space Administration’s Goddard Space Flight Center and the Space Telescope Science Institute, both lo

The New Year will prove to be quite bullish for precious metals: ABC   To summarise this week’s global market fundamentals, Gold traded up to within a dollar of the ‘distinct’ resistance level mentioned in last Friday’s report before fading slightly.   The rally has been helped by the passage of the much-discussed stimulus bill by US Congress with US$900 billion going to Coronavirus relief and US$1.40 trillion for government funding through to September 2021. Precious metals moved higher since the announcement with Silver and Gold up 5% and 2% respectively.   The Dollar Index (DXY) is making a small comeback this week. There is good support around the 88.25 level, and DXY longs have been gently accumulating in the previous week, perhaps willing to take the view that the recent drop is overdone. If the DXY recovery continues, this could be a head-wind for gold movement so stay tuned as this situation unfolds.  The five-year forward Inflation expectations have moved to almost two

First ore delivered on time & on budget   Pure Gold Mining Inc announces a major milestone with first ore introduced to the mill at the Company’s high-grade PureGold Mine, in Red Lake, Ontario. With ore delivered and first gold production scheduled this month, commissioning activities will transition into full scale ramp up of the mining and milling operations over the coming quarter. “This is a very exciting day for our shareholders, the community of Red Lake, and our entire team,” stated Darin Labrenz, President and CEO of PureGold. “The introduction of ore to the milling facility reflects the successful culmination of our project build, and signals the commencement of the next chapter in our Company’s evolution as Canada’s newest gold mine.  Just last year, we announced our intention to become a producer and we are delivering on that promise, on-track and on schedule for first gold production this month.  Bringing a mine on-stream in 2020 is a firm testament to our incredibl

Gemfields’ responsibly sourced gemstones   Gemfields Kagem highlights its’ endeavour for responsible sourcing. Kagem is committed to ensuring that the community continues to benefit positively from its operations through various sustainability programmes focused on alleviating poverty and aligned with government policies, the UN Sustainable Development Goals (SDGs) and Vision 2030.   The mine has spent more than USD 2 million on community projects, including, 1: Rehabilitation of the 18.7km road connecting Chief Nkana and Chief Lumpuma’s chiefdoms from Kandole to Kafwaya village in Lufwanyama district, A: Construction of the Nkana Health Centre.   B: Construction and equipping of a new Chapula Secondary School, C: Construction of new buildings at Chapula Primary School, D: Building of teachers’ accommodation at Kapila Community School, E: Support for the ‘Blessings’ and ‘Green Farm’ projects & F: Improvements to Chief Nkana and Chief Lumpuma’s palaces. 2: Kagem’s USD 345,000 i

Source gems, jewellery &  Diamond  faceting industry from Sri Lanka Sri Lanka’s love story with precious gemstones spans back to nearly 2000 years and the country still continues to be one of the top 5 gem producing countries in the world. Sri Lanka has always been a popular sourcing destination for sapphires, beryls, and rubies and Sri Lanka is famous for sapphires of all colours. Large, fine examples are found across museums and royal jewellery collections. Traders, from the ancient Romans, Arabian sailors, European colonial powers, to the new rising wealthy class in China, have always coveted the Ceylon Sapphire, the geographical indication for the sapphires mined in Sri Lanka. Moreover, the country is also celebrated for the chrysoberyl and moonstones, which have characteristics unique to Sri Lanka. In addition to the precious gemstones that are found in Sri Lanka, the country also has a long history in cutting and polishing gemstones and crafting jewellery using precious m

Merlin kimberlite diamond mine Located in the Northern Territory, Australia Lucapa Diamond Company continues to identify and review prospective diamond development projects that offer near term production and value enhancing opportunities for its shareholders.   In that regard, Lucapa advises that it is participating in the sale process being conducted by the liquidators of Merlin Diamonds Limited (in Liquidation) (MDL) to acquire certain assets of MDL, which include the Merlin kimberlite diamond mine (Merlin) located in the Northern Territory, Australia.   The Lucapa Board considers that Merlin would be complementary to the Company’s existing niche operating mines and exploration projects in Angola, Australia, Botswana and Lesotho and is a development opportunity that would significantly benefit from the proven capability of Lucapa’s experienced development and operational teams.  Merlin is a multi-pit mine development opportunity with underground mining potential and is home to Aus

CSR to help Covid-19 Impacted   B2Gold Announces an Additional CDN$500,000, that reached to a total of CDN$1,000,000 in total, to Community Organizations in Metro Vancouver to Help Those Impacted by Covid-19. The Company is providing further financial support to community organizations in Metro Vancouver, Canada, which are on the frontlines in assisting local communities impacted by the increasing spread of Covid-19.  Through its Canadian CSR Fund, this year, B2Gold has donated a total of CDN$1,000,000 to organizations that are supporting some of Metro Vancouver's most vulnerable during the pandemic.  B2Gold is allocating a further CDN$500,000 to provide financial support to four community organizations in Metro Vancouver in their continued response plan to address the social impacts, issues and risks posed by the increasing spread of Covid-19.   “We are pleased to be working with valuable local community organizations that provide the much-needed social programs for food securit