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Primary Symbol: V.FYL

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Finlay Minerals Ltd. is a Canada-based mining company. It is focused on the exploration and development of base and precious metal deposits in northern British Columbia. Its properties include Silver Hope Property, ATTY property, and PIL Gold Property. Its 100%-owned Silver Hope property covers approximately 213.11 square kilometers of ground surrounding the past-producing Equity Silver Mine in... see more

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Finlay Minerals Ltd > Big News From India - Slashing Import Tax Rate

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Post by ErinBrockovich on Jul 23, 2024 10:23am

Big News From India - Slashing Import Tax Rate

India buys tons of silver. I've been twice. It's fascinating to sit outside a silver market and watch. These markets have multiple vendors all buying and selling jewelry.

https://youtu.be/lGkArVbSAPw?si=Atl5FQQeOCQR7ayu

India cuts import tax on gold and silver to 6% from 15%.

This is massive news.

India is home to one of the biggest gold markets in the world.

The country is the second-largest gold consumer in the world.