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Gold, a strategic asset-US edition 2021

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WGC published the report 2021   Recently the World Gold Council (WGC) published the report, the relevance of gold as a strategic asset, US edition- 2021.  The report focuses on the key question for investor, what makes gold a strategic asset? And reports, Gold benefits from diverse sources of demand: as an investment, a reserve asset, jewellery, and a technology component. It is highly liquid, no one’s liability, carries no credit risk, and is scarce, historically preserving its value over time.   Extraordinary times with extraordinary opportunities: 2020 posed unprecedented challenges to investors as the first global pandemic in a century ravaged the world economically and socially. Covid-19 significantly increased uncertainty by compounding existing risks and creating new ones. The rollout of new vaccines at the end of last year fuelled optimism that the worst was over.  Yet the pandemic and the ensuing policy response from governments will likely have unintended consequences for

Rough pricing returned to pre-Covid-19 levels!

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Petra revenue down 8% in H1 2020   Petra Diamonds Limited presented its’ Interim results for the six months to 31 December 2020 as H1, 2020. At Financial front Petra said, Revenue down 8% to US$178.1 million from 1,712,797 carats sold (H1 FY 2020: US$193.9 million from 1,743,807 carats sold) with the US$40.4 million proceeds from the Letlapa Tala Collection of blue diamonds, offset by weaker prices following the Covid-19 outbreak and fewer tenders during the Period.   Diamond pricing on a like-for-like basis increased by a further 8% at the Company's January 2021 tender that is confirming that pricing has now returned to pre-Covid-19 levels. Adjusted EBITDA3 up 20% to US$80.8 million (H1 FY 2020: US$67.2 million) yielding an adjusted EBITDA margin of 45%, up from 35% in H1 FY 2020 and 22% in FY 2020; driven by the sale of the Letlapa Tala Collection and reduced mining and processing costs. By casting their Outlook, Petra said, due to the ongoing uncertainty around the impact of

High-grade silver vein intercepted

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Middlecoff Silver Vein extended to South!   Alianza Minerals reports final results from the Phase One diamond drilling program at the Company’s wholly owned Haldane Silver Project located in the historic Keno Hill Mining District of Yukon Territory. Holes HLD20-20 and HLD20-21 targeted the Middlecoff Vein. HLD20-21 intersected silver mineralization including a core length of 0.89 m averaging 342 g/t silver, 2.35% lead and 1.20% zinc (476 g/t silver-equivalent).   Alianza Minerals said in their highlights of the results from Haldane Silver Project, Keno Hill District, Yukon, 1: Middlecoff Silver Vein extended to South, 2: Additional drilling planned to south and at depth for Middlecoff & 3: Phase Two Spring Drill Program to include West Fault and Middlecoff Targets. "The Middlecoff drilling has shown that the structure and mineralization is continuous to the south,” stated Jason Weber, P Geo President and CEO of Alianza.  “As we learn more at the Middlecoff, it is apparent

AIDC Exemption, a master stroke!

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Exemption on gold/Silver bars and doré for exporters Import for domestic use will attract AIDC   AIDC exemption to boost jewellery exports: GJEPC   The Finance Ministry has issued a notification dated 17th February 2021, of the amendments made to the finance bill 2021 with regards to the Agriculture Infrastructure and Development Cess (AIDC) exemption on gold/Silver bars and doré for exporters. However, it maintains that the gold/silver bars and doré imported for domestic use will attract AIDC.   In the Finance Bill, 2021, Agriculture Infrastructure and Development Cess (AIDC) of 2.5% was levied on import of Gold/Silver Bars and Dore.  Colin Shah, Chairman, GJEPC said, “Exemption of AIDC on Gold/Silver Bars and Dore is a master stroke by Govt. which would have positive implications on the growth of the gem and jewellery export sector.  This has come as a much relief to our exporting community.  This charge of cess made the jewellery exports unviable and uneconomical, as the ce

Celebrate Women’s Day with Charm!

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Ethnic Silver Earrings!   Your jewellery box calls for a stunning pair of silver earrings that enhances the beauty of your ethnic outfit, thereby making you look radiant than ever.  This Women’s Day, add an eternal charm to your jewellery collection with these ethnic earrings and let others envy you for looking nothing but perfect.   With innovative designs and excellent quality of workmanship, every piece of Sangeeta Boochra’s ethnic earrings could be an ideal purchase for yourself or a perfect gift for the women’s day. Sangeeta Boochra uses gemstones such as Ruby, Sapphire, Emerald, Aquamarine, Turquoise and many more to give the royal look to her jewelry pieces. 

2 zig-zag pieces fit together like a puzzle

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Pacaya ear cuff by Jude Benhalim Jude Benhalim the Pacaya Ear cuff features 2 zig-zag pieces that fit together like a puzzle; worn together or separately. The gold-plated silver half features a lava-like texture. The other half features a reflective double-layer silver finish.   Slip-on Composition is the recycled Sterling Silver, dipped in 18k Gold, Silver dipped in 18k Gold is the Eruption Collection relies heavily on sustainable material and that is using recycled metals and recycled Resin stones.  Each stone in this collection is made of recycled, crushed waste stones: making it a sustainable, zero-waste collection. Dimension H: 1cm W: 1cm Weight: 3.20 gms.   All Jude Benhalim Jewelry is intricately crafted and assembled in our Cairo-based studio using the finest 925 sterling silver and brass dipped in 18k gold. Caring for your jewelry ensures that it will look great every time you wear it. Click here for tips on how to maintain the quality and beauty of your jewelry pieces. Best s

Boucheron Four Red Edition!

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The tie to the long necklace! Made up of Boucheron architectural codes (Le Grosgrain, the Diamants line, the Double Godron and the Clou de Paris) Quatre Red Edition introduces red hycéram for the first time in its collection. Symbol of happiness and vitality in China, the color red gives Quatre a new sparkle.   Quatre Red Edition is the expression of the freedom to create inspired by Frédéric Boucheron. Graphic and daring, it gives off a light and a singular force thanks to the precious marriage of red hycéram, diamond and yellow, white and rose gold, an affirmation of one's style, an affirmation of oneself.   Maison Boucheron adds the tie collar to the Quatre Red Edition collection. This necklace knows how to do everything, from the tie to the long necklace, playing with the agility of its central motif, half pendant, half clasp. Classic version or adopting a dazzling line of red hycéram, it slips according to moods along a supple yellow gold chain for an infinitely free carry.