Fura Gems purchases Capricorn sapphire project in Australia

Fura Gems Inc. purchased the Capricorn sapphire project in Queensland, Australia, from Richland Resources Ltd. for US$1.25 million, including two mining permits and three mining licenses.

“The acquisition makes Fura the only public gemstone mining and marketing company in the world to hold assets in all three colored gemstones: emerald, ruby, and sapphire.”doi.org

• 1 source
• doi.orgIn Case You Missed It: Business News from the FieldFeb 5, 2020

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