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BULLION REFINER MMTC
MMTC shares decline 5% as gold, silver prices cool off from record levelsShares of MMTC Ltd fell 4.88% to Rs 67.21 on Tuesday as gold and silver prices retreated from recent highs. The government-owned bullion tr...
MMTC shares rally over 10% as gold, silver prices hit record highsMMTC shares rally over 31% in seven sessions as record-high gold and silver prices lift sentiment and strengthen bullish technical indicato...
Gold trading platform Augmont set to file for Rs 1,000 crore IPOAugmont, a digital gold and bullion trading platform, plans to raise ₹1,000 crore via IPO, filing its DRHP with SEBI by month-end. The offe...
MMTC-PAMP, India’s only fully integrated ecosystem for gold and silver, enters Fortune 500 India listThe company is one of the leading players in the Indian precious metal market and is today India’s largest gold refiner and fabricator with...
MMTC-PAMP launches buy-back, exchange offers for gold"These are indeed challenging times worldwide, and the significant uptick in jewellers and consumers selling gold assets to offset hardship...
Bullion traders cheer rise in refining workIn the first quarter of current fiscal, India produced 68 tonnes of refined gold against 40 tonnes in Q1 of FY18.
Gold imports may shrink as dore shinesMMTC PAMP is the only LBMA (London Bullion Market Association) accredited refiner in India.
MMTC Venture finds refining at Swiss unit cheaperThe company has diverted four tonnes of dore gold since the last week of July.
Gold refining picks up as smuggling falls after note banRefining activity has shot up 25% after March versus the same time last year, said James Jose, secretary, Association of Gold Refineries an...
Wily bullion traders unsettle Indo-Asean FTA by importing gold articlesUnscrupulous traders are importing gold articles of 99 per cent purity at 0.96 per cent duty from South Korea, and to a lesser extent Indon...
MMTC-PAMP halts gold refining after proposition turns non-profitableGold in entering India through illegal route, no demand in market for gold, impure gold is imported from countries like Peru, Ghana and Tan...
Government cuts excise duty on impure gold to 9.35 per centArun Jaitley had increased the excise duty on impure dore gold to 9.5% from 9% in this year’s budget, narrowing the difference between the ...
Budget 2016 may result in closure of gold refining units in IndiaIn the budget the government has hiked the excise duty on dore gold (impure gold) from 8% to 8.75% and excise duty from 9% to 9.5%.
MMTC-PAMP India Pvt Ltd adjudged as 'best refinery' at bullion summitThe JV operates a precious metals refinery and mint in Mewat district of Haryana under the direct technical supervision of PAMP.
Gold monetisation scheme will let you open gold accounts & earn interest in yellow metalAccording to the scheme, gold deposit will be treated just like a fixed deposit and the interest earned on it will be paid not in rupees bu...
MMTC-PAMP aims to refine 78 per cent more gold this fiscalAs far as silver is concerned, Khosla said the company targets to refine 100 tonnes in this year, as against 25 tonnes in 2013-14.
- MMTC to refine 200 tonne gold, silver this fiscal
The MMTC-promoted bullion refinery today said it aims to produce 100 tonnes of gold and silver each in the current fiscal.