Richland Resources Share Discussion Threads

[flasher2] 05/5/2015 20:41

Not far from news now.

[flasher2] 20/4/2015 11:03

Paying 5.4 now, rising nicely before the big wooosh on news.

[sniffer78] 19/4/2015 09:49

Danny anything on Gemstones ? ATB

[sniffer78] 18/4/2015 14:15

Watch the Video Gem Market booming 2015 The year of the coloured Gem Stones ;-))

hxxps://www.bonhams.com/video/18930/

[flasher2] 17/4/2015 16:14

Lot of buys again, building up nicely.

[sniffer78] 17/4/2015 12:45

What a master stroke are BOD has achieved moving to a new 100% owned operations in AUS in turn making the company debt free with $5 million + in the coffers, a monster plant and production weeks away. Glad we won't have to put up with any of that below very very good move indeed well done BO. Instead we will simply sell Gems on with no hassle of mining them in Tanz. The Zambian government estimates that the illegal trade accounts for as much as 40 percent of the southern African nation’s total gem production. Gemfields’ Kagem mine itself loses almost a fifth of its potential revenue to theft, according to the company’s estimates

[sniffer78] 17/4/2015 12:45

hxxp://www.gemstone.org/ The cost of natural gemstones has kept rising despite lowered expectations in 2014 due to both increased demand and a shortage of supply, especially in higher quality materials. The increased demand for high quality gemstones has resulted in rising demand for lab reports, which in turn require both additional time and costs. Direct sourcing has become increasingly important to ensure the correct information is gathered concerning each gemstone, which greatly helps to maximise sustainability and profitability, both of which are vital factors for success in the gem and jewellery industry. Not only is a direct source important, but also the right information, which can only be provided through proper gemstone disclosure of any treatments by the supplier. This synergistic approach greatly helps lead to the success of both dealers and their clients.

[sniffer78] 16/4/2015 20:08

International auction house Bonhams has proclaimed 2015 as the year of the coloured gemstones, highlighting some significant lots which are due to be sold at its upcoming April fine jewellery sale.


Coloured gems are outstripping other stones in value, including diamonds, with some even rising by 2,200% over the past decade, according to a statement by Bonhams.

In December 2014, Bonhams sold a pair of Cartier Art Deco ruby and diamond clip brooches, circa 1930, for an incredible £482,500 on a pre-sale estimate of £80,000-120,000. They also sold a single-stone ring by Van Cleef & Arpels, set with a sugarloaf cabochon Burmese ruby weighing 13.34 carats, sold for £350,500 to a Hong Kong buyer. At $44,000 per carat this broke all ruby price per carat records in London last year.

Experts at Bonhams are expecting the strong market for coloured stones to be reflected in its fine jewellery sale, due to take place in London this month.

Jean Ghika, head of jewellery in the UK and Europe at Bonhams, said: “I think there is a new move towards colour. Women are bolder in their choices and looking at alternatives to diamonds when it comes to engagement rings and everyday jewellery.

“They are not afraid to experiment with colour. Women are also in constant pursuit of something truly original, and a coloured stone, where every example is different they are able to have something unique."

Ghika continued: “While diamonds are typically seen as the more ‘robust’ area in the gemstone market in terms of seeing a return on investment, figures over the last decade demonstrate that coloured stones have actually overtaken diamonds in terms of growth.

“Rubies are in most demand and command the strongest prices per carat, followed by Kashmir sapphires and then Burma sapphires and Colombian emeralds.”

In its forthcoming April fine jewellery sale, Bonhams will be auctioning a number of pieces featuring coloured stones.


Highlights include an emerald and diamond ring with a pre-sale estimate of £100,000-£150,000.The rectangular step-cut emerald is of a Colombian origin and weighs 16.25cts

[sniffer78] 16/4/2015 20:06

hxxp://www.professionaljeweller.com/article-15934-coloured-gemstones-in-focus-at-bonhams-auction/

[sniffer78] 16/4/2015 20:04

2015 'year of the coloured gemstone
No hams the world leading Auction house declares 2015 is the year of the coloured gemstones . Well worth a read ! hxxp://www.professionaljeweller.com/article-15934-coloured-gemstones-in-focus-at-bonhams-auction/

[flasher2] 16/4/2015 16:28

Granada7, with more good news just round the corner, if there is a pullback, it will be short lived.

[granada7] 16/4/2015 16:20

flasher yes it looks good, but i think there will be a pullback at some point, not sure of the point, but like you say it looks good.

[flasher2] 16/4/2015 16:18

Lot of buys today, if it goes back to 4p, i'll buy another 500k.

[granada7] 16/4/2015 16:09

the T traders who bought in early april have made 50-70% so may look to exit. May see it drop slightly to maybe 4p or just below, but even not everything goes up in a straight line. long term its a hold i think.

[flasher2] 16/4/2015 10:33

sniffer78 on LSE:-

Today 09:462015 'year of the coloured gemstone

No hams the world leading Auction house declares 2015 is the year of the coloured gemstones . Well worth a read ! Looking good folks

[flasher2] 16/4/2015 10:27

Commenting on the announcement Bernard Olivier, CEO, of Richland Resources said: "Mining has started and we are now readying Pit 1 for commercial production of sapphires in May 2015 and expect to start sales of sapphires in June. This is a significant milestone for Richland as we bring our experience in gemstone mining to Australia. Richland is approaching full mine start in a structured manner and following reports submitted by independent mining consultants we are undertaking infill drilling to help us finalise pit design.

The Capricorn Sapphire mine is an exciting opportunity. We look forward to supplying gemstone buyers with consistent quantities of certificated blue and "fancy" stones.

[flasher2] 16/4/2015 10:04

Few more and another tickup.

[flasher2] 16/4/2015 08:21

few buys and we're off.

[sniffer78] 15/4/2015 20:27

I agree and possible upgrading to 12 million carats at a later stage. Below says it all really what a top team we have in charge.

Richland developed and operated the worlds largest and most scientifically advanced tanzanite mine, TanzaniteOne Mining Ltd, from August 2004 until March 2015. The Richland team will continue to utilise their unsurpassed knowledge of tanzanite to select only the best , responsibly sourced gems from the Merelani deposit in Tanzania, and make them available to the public through our online sales division through the new brand “Merelani Tanzanite

[sniffer78] 15/4/2015 20:26

Cracking Read shows how good are low coast Alluvial Deposit is compared to GEM's Emerald Hard Rock Deposit, and any other hard Rock Sapphire,Emerald,Ruby Deposit.

Its seems imo we have a cracking asset in AUS and a cracking BOD

hxxp://www.gia.edu/gia-news-research-gemfields-bets-gemstone-markets-growth

Only a tiny fraction of the mass of rock and gravel removed from this pit is emerald-bearing ore—6000 tons out of one million tons each month—but the pay-dirt is rich, yielding between 250 and 300 carats of beryl and emerald per ton. About 8% of this production is gem quality, fairly high by most gem mining standards, with an additional 25% classified as “emerald”; for use as beads. The remainder is called “beryl” for industrial and decorative uses

In the kilometre-long mining pit, workers perform a “quick sort,” washing the ore and then gathering the emerald crystals that have been blasted loose before the ore is sent to the washing plant. These are then placed through slots in padlocked and numbered boxes located nearby. The remaining ore is trucked out and sent to the crusher for further recovery.

As emeralds are first mined at Kagem, the initial search for emeralds continues. Workers wet the overburden to reveal tell-tale hints of green, while security guards keep a watchful eye from a distance. (Right) Any emeralds found, regardless of size or quality, are placed in holding boxes that are routinely picked up for transport to the emerald sorting house.

[flasher2] 15/4/2015 15:44

rising nicely.

[flasher2] 15/4/2015 11:41

freddycnx 3 Apr'15 - 14:22 - 447 of 464 0 0

The potential of this share in mind boggling. 5m in the bank, no debt, no liabilities, and a working mine of 108m carats (JORC) with refurbished modern plant that has a past history of:

hxxp://www.gemcuttingservice.com/594.html

The size and quality of stones produced from Nardoo is also significant for Richland. In addition to high levels of sapphire recovered greater than 4.1 millimetres and greater than 5.5 millimetres in size, a number of "special" gemstones (those over about 10 carats in weight) have also been produced from Nardoo. Sapphires in this size range carry a significant premium to the smaller sapphires. "Special" gemstones produced during the 11 months of previous mining included a 63 carat dark blue sapphire, 41 carat yellow/green/blue fancy-colour sapphire, 33 carat yellow green sapphire, 31 carat blue sapphire, 20 carat green sapphire (see figure 2) The market for fancy colour sapphire is increasing and these gemstones attract significant interest.

All the colours of the spectrum would be lovely. Of all the shares over all the 30 years I have been trying to win, I honestly believe RLD has the potential to make me very rich..... And I am invested in REM ...... So my preference for RLD is significant. Could easily be £1 upwards before the end of the year, paying a div. in the STRONGEST terms. B U Y !