Richland Resources is developing a new source of sapphires in Australia to meet the increasing demands of retailers in North America and the high growth luxury goods markets in Asia.
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Richland has commissioned the Capricorn Sapphire project in Queensland Australia with production scheduled to be underway during Q1 2015. The Capricorn Sapphire mine will be an important new source of ethically mined, natural blue and exotic fancy coloured sapphires.
The Company has a successful track record of developing coloured gemstone operations. Having built and operated the worlds largest tanzanite mine - TanzaniteOne Mining Ltd - Richland is a market leader in gemstone exploration, mining, processing, precision cutting, sales and luxury marketing.
“Our objective is to secure resources that can be developed into efficient mines, producing high value gemstone stones that are ethically mined and fully certificated.” Bernard Oliver, CEO Richland Resources