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Richland fires up Aussie sapphire mine

Suddenly it’s happening for born-again Richland Resources which has begun pre-production mining at its Capricorn Sapphire project in Queensland, Australia. First commercial recovery is slated for May.

Richard Wachman

The announcement saw the shares surge 25% on the AIM exchange in London amid growing investor excitement. Last year the company, formerly known as TanzaniteOne, sold its tanzanite operations in Tanzania...

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