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Fura Gems agrees amended terms for ruby prospecting license acquisition in Mozambique

Instead of Azores receiving 2.5 million Fura shares under the previous deal, it will now only be issued around 1.364 million shares on closing...

2 hours, 35 minutes ago

Fura Gems upsizes financing due to demand to accelerate operations in Colombia and Mozambique

The net proceeds are expected to be used to advance the firm's Coscuez emerald project in Colombia and ruby assets in Mozambique...

1 week, 1 day ago

Fura Gems again extends hard deadline for Mozambique ruby acquisition

The company provided written notice to New Energy Minerals that it would further extend the 'drop dead' date to August 31...

3 weeks, 4 days ago

Fura Gems amends option deal to buy Capricorn sapphire mining project in Queensland

The option fee payable by Fura to Richland is reduced from C$150,000 to C$25,000 while the cash consideration payable on completion of the acquisition is increased by C$125,000...

on 07/22/2019

Fura Gems bids farewell to board member Scott Moore

Moore announced he was stepping down from the gemstone mining company’s board, effective immediately...

on 07/18/2019

Fura Gems further extends final deadline for acquisition of Mozambique ruby assets

The Toronto-based company gave New Energy Minerals Ltd, formerly known as Mustang Resources Ltd, written notice to extend the 'drop dead' date...

on 07/01/2019

Fura Gems to enter Australian sapphire mining industry with Capricorn project deal

The company also told investors that its previously announced private placement has been oversubscribed...

on 06/27/2019

Richland Resources shares rally as it reveals option to sell Capricorn asset

If exercised the option deal will leave Richland as a shell company on AIM....

on 06/27/2019

Fura Gems extends final deadline for Mozambique ruby acquisition

The Toronto company has given New Energy Minerals written notice to extend the deadline for satisfying the conditions for closing the deal on the assets to June 30, 2019...

on 05/30/2019

Fura Gems Inc to raise over $30M in a placing to advance assets in Colombia and Mozambique

The firm will issue up to 121.5 million of its shares at $0.25 per share, it said...

on 05/15/2019

Fura Gems extends final deadline for acquisition of Mozambique ruby assets

Fura is involved in the exploration and mining of rubies in Mozambique through its 80% interest in four ruby licences...

on 04/30/2019

Fura Gems extends deadline for acquisition of Mozambique ruby assets

The deal with New Energy is the purchase by Fura of interests in three ruby licenses in Mozambique...

on 04/02/2019

Fura Gems in a strong position, says Hannam & Partners, which starts coverage

The group is focused on the famous gemstone mining districts in Colombia and Mozambique...

on 03/27/2019

New Energy Minerals advised of one-month extension to ruby merger agreement closing date

Fura Gems Inc is awaiting a binding tax opinion from tax authorities in Mozambique and Ministerial approval of the transaction....

on 03/04/2019

Fura Gems extends final deadline for acquisition of Mozambique ruby assets

The Toronto company extended New Energy Minerals Ltd's drop-dead deadline to March 31 ...

on 03/04/2019

Fura Gems launches Provenance Proof Blockchain technology to aid transparency; Regius Resources Group deal terminated

The blockchain is effectively a shared ledger that creates a logbook of transactions down the supply chain...

on 02/11/2019

Fura Gems files maiden resource estimate for Coscuez mine, a first for Colombian emerald sector

In December last year, the precious stones miner said the project contained around 3 million tonnes of inferred...

on 01/24/2019

Fura Gems unveils maiden resource estimate for Coscuez Emerald Mine

The precious stones miner said the resource estimated that the Coscuez mine contained around 3mln tonnes of inferred mineral resources at a grade of 2 carats per tonne...

on 12/12/2018

Fura Gems Inc raises $5.2mln in private placement to fund development of assets in Colombia and Mozambique

The gemstone miner said it had issued around 13.1mln shares at a price of $0.40 per share, a 25% premium to its last close price...

on 12/10/2018

Fura Gems to fetch Mustang ruby assets for less under loan agreement

Fura will now pay A$2.8mln for the assets, instead of the A$9.9mln previously agreed, in exchange for providing an A$2.8mln loan to New Energy...

on 11/29/2018

New Energy Minerals amends ruby sale agreement to encompass $2.8 million cash payment

The closing date of the Merger of Ruby Assets Agreement with Fura Gems has also been extended by three months....

on 11/28/2018

FURA Gems plans to raise C$5.249mln via a private placement offering of up to 13.1225mln common shares

The group said the net proceeds of the offering are expected be used for exploration and development of the company's emerald and ruby assets in Colombia and Mozambique, respectively, and for general corporate purposes...

on 11/26/2018

FURA Gems updates on social responsibility and community engagement at Coscuez project

Since completing its acquisition of Coscuez, the company has launched the first transparent employment recruitment processes in the area, providing direct employment for 270 people...

on 11/20/2018