Richland agrees reverse takeover deal for Carolina gold projects
27th Jul 2020 11:19
(Sharecast News) - Richland Resources has entered into a binding share purchase agreement with the shareholders of Global Asset Resources (GAR), it announced on Monday, for the conditional acquisition of GAR.
Read moreRichland Resources becomes cash shell as disposal completes
2nd Jan 2020 11:19
(Sharecast News) - Richland Resources announced on Thursday that the disposal of its wholly-owned subsidiary Richland Corporate, which holds the Capricorn Sapphire Project, to Fura Gems, completed on 31 December.
Read moreRichland Resources extends due date for disposal of subsidiary
2nd Dec 2019 10:25
(Sharecast News) - Richland Resources announced an extension to the long stop date for the acquisition of its wholly-owned subsidiary Richland Corporate by Fura Gems on Monday.
Read moreRichland Resources extends loan facility as it pursues Capricorn sale
1st May 2019 16:04
(Sharecast News) - Australian sapphire producer and gemstones developer Richland Resources announced a further extension of its £0.4m and $0.15m secured convertible loan facility to 31 May on Wednesday, as it updated the market on its strategy around its wholly-owned subsidiary, Capricorn Sapphire, which owns the Capricorn sapphire mine in Queensland.
Read moreRichland Resources achieves second quarter production goal
6th Sep 2016 14:40
(ShareCast News) - Gemstones producer and developer Richland Resources announced its interim results for the half year ended 30 June on Tuesday. The AIM-traded firm reported $0.64m in revenue from continuing operations, up from $0.28m in the first half of last year. Its operating loss was $1.5m, tu
Read moreRichland achieves first revenue from sapphire operation
8th Feb 2016 14:23
(ShareCast News) - Richland Resources was celebrating a successful end to 2015 on Monday, having achieved first revenue from its sapphire and corundum operations in the three months to 31 December 2015. The AIM-traded gemstones producer and developer said it produced 720,000 carats in the fourth qua
Read moreRichland Resources receives initial payment from Sky Associates
5th Dec 2014 09:03
Richland Resources was one of the best performers in the AIM All-share on Friday after it received the initial payment from Sky Associates Group for the sale of its Tanzanian mining, exploration and cutting operations. Richland's shares shot up 28.8% to 2.24p on Friday morning. On November 25, Rich
Read moreThursday broker round-up
27th Nov 2014 10:15
Amlin: Numis upgrades to 'buy' with a target price of 535p. Amerisur Resources: PeelHunt lowers target price from 58p to 50p and reiterates a 'hold' recommendation. Associated British Foods: Citi raises target price from 3100p to 3700p and maintains its 'buy' recommendation. Avingtrans: FinnCap up
Read moreRichland Resources in MoU for potential tie-up for graphite production
5th Feb 2014 09:04
AIM-listed gem stone producer Richland Resources has signed a non-binding memorandum of understanding (MoU) with Kibaran Resources for the consolidation and development of both companies' graphite assets located in northern Tanzania. Forming a joint venture, the two will potentially consolidate Ric
Read moreRichland Resources enters into supply deal with Chinese jeweller
12th Sep 2013 13:55
Richland Resources has entered into a long-term supply agreement with Chinese jeweller Chow Tai Seng. The group will supply the Chinese company with polished and cut tanzanite on order-by-order basis from its Tanzanian operations. Once it has been made into jewellery it will be maketed through m
Read moreRichland Resources suffers revenue decline after gemstone theft
11th Feb 2013 12:37
Richland Resources, an AIM-listed gemstone producer and developer of associated minerals, posted a rise in total fourth quarter tanzanite production, but warned revenues were hit by a theft. Production for the period rose to 795,162, compared to 554,060 in the same period the previous year. The a
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