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Article: INDIAN, SWISS FIRMS TO SET UP 300 MT GOLD MINTING FACILITY.
- Article from:
- AsiaPulse News
- Article date:
- October 11, 2005
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NEW DELHI, Oct 11 Asia Pulse - Mumbai-based Clarity Gold Pvt Ltd on Monday said it had joined hands with Swiss-based global mint company, Faude and Huguenin, to set up a 300-metric tonne gold minting plant in Jaipur with an investment of Rs 400 million (US$9 million).
"Markets for gold coins and bars are worldwide. We plan to export 60 per cent of the IHF Metal Art production," Clarity Gold Chairman Shiv Shanker Gupta said here, adding that this would include Swiss orders generated by F&H.
The balance production will be consumed in the ...