Tuesday, October 21st 04:39 PM

''The Ministerial Statement is the culmination of two and a half years of comprehensive environmental and technical studies, extensive community and stakeholder…..Continue

Indian jeweller gets Warburg Pincus funding of Rs 1400 cr for global expansion|

  • This is the largest foreign direct investment made in a jewellery firm in India and the news comes close on the heels of the recent visit of Prime Minister Narendra Modi where he met the top brass of the investment firm.

First Majestic Silver Corp reports 5% growth in production in Q3

  • Total silver production for the quarter consisted of 2,680,439 ounces of silver, relatively unchanged compared to the same quarter in 2013.

Norton Gold Fields signs additional forward sale contract with Macquarie Bank

  • The company still has approximately 25,000 ounces of gold at a flat forward price of A$1,403.472 remaining in the forward sale program announced on 30 September 2014.

Kaloti Precious Metals Lab get accreditation from Dubai Accreditation Dept

  • The International Organization for Standardization (ISO) is an independent, non-governmental, standard-setting body, which includes representatives from 165 national standards organisations.

Commerce Resources Corp. announces $4.5M private placement

  • Secutor Capital Management Corporation will act as exclusive finder in connection with this non-brokered private placement. A 7% finders' fee will be paid in cash, and 5% finders' warrants will be issued by the Company in conjunction with the completion of the Private Placement.

Fitch Ratings gives IDR 'A-' to luxury jeweller Tiffany & Co

  • The Fitch Rating outlook is stable for Tiffany & Co and reflects strong positioning in the mid-to-high tier global luxury jewelry market supporting mid-single digit top line growth.

DMCC appoints Turner to manage Burj 2020 District development

  • Turner won the tender that saw several global project management firms pitch for the management of the commercial district set to be the next world destination for large corporates.

Strength of US dollar keeping investors away from gold,mining stocks: Jason Mayer

  • Lack of capital could lead to more mergers and acquisitions in mining space. However companies that were on a spending spree in 2009, 2010 such as Barrick Gold Corp (ABX:TSX, ABX:NYSE) may be shy of mergers because of their past experiences and support among shareholder base.

Oceanus Resources Corp releases results of drilling at La Lajita property

  • Oceanus Resources Corporation publicized assay results of its drilling program at the La Lajita property in Durango, Mexico. The program consisted of twenty-one (21) holes of PQ triple tube core (PQ3) diamond drill core measuring 3,002.5 meters at the Santo Nino and Dos Hermanos Prospects.
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