Richland Resources is developing a portfolio of producing gemstone assets to meet the increasing demands of retailers in North America and the high growth luxury goods markets in Asia.
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 with limited capex expenditure” Bernard Oliver, CEO Richland Resources
Richland is currently redeveloping a sapphire operation in Queensland Australia which is anticipated to start production in 2014.
Richland’s objective for their current and future projects is to replicate the high value stone extraction model achieved at our tanzanite operations, operate at maximum efficiency, and command a premium through a consistent supply of high value gemstones , which are ethically mined and supported with consumer sales collateral.