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India PM Shri Narendra Modi Launches India’s First International Bullion Exchange - IIBX at GIFT City

India PM Shri Narendra Modi Launches India’s First International Bullion Exchange – IIBX at...

India’s Prime Minister Shri Narendra Modi laid the foundation stone of the headquarters building of the International Financial Services Centres Authority (IFSCA) in GIFT...
Switzerland Joins Ban on Russian Gold

Switzerland Joins Ban on Russian Gold

Switzerland yesterday banned the importation of gold and other metals from Russia as the war in Ukraine continues. The government has outlawed the "buying, importing...
New Diamond Ship Boosts Namibia's Output

New Diamond Ship Boosts Namibia’s Output

Namibia's diamond production increased by more than two thirds (67.2 per cent) following the launch of its latest diamond recovery vessel. Second quarter figures for...
Burgundy to Polish 1,200 carats of Fancy Color Diamonds

Burgundy to Polish 1,200 carats of Fancy Color Diamonds

Burgundy, the Australian miner that bought the Ellendale deposit last year, says it aims to produce 1,200 carats of high-end polished diamonds annually through...
Firewood Collector Stumbles on $25,000 Diamond

Firewood Collector Stumbles on $25,000 Diamond

A villager collecting firewood in India stumbled on a 4.39-carat rough diamond valued at $25,000. Genda Bai, 45, was working in forest in Purusottampur, in...
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