Date: Monday 06 Feb 2012
Richland Resources, the gemstone producer and developer, has upgraded the resource estimate for its tanzanite mining operation in Tanzania. The site has a Joint Ore Reserves Committee (JORC) indicated resource of 30.6m carats, JORC inferred resource of 74.4m carats, and a total inferred and indicated resource of 105m carats. The life-of-mine has been extended to around 30 years, based on ramped-up production of 2.7m carats. Shares rose gained 7.5% to 10.75p.
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| Currency | UK Pounds |
| Share Price | 0.75p |
| Change Today | 0.025p |
| % Change | 3.45 % |
| 52 Week High | 3.20 |
| 52 Week Low | 0.70 |
| Volume | 77,212 |
| Shares Issued | 363.86m |
| Market Cap | £2.73m |
| Beta | 0.35 |
| Value | ![]() |
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| Price Trend |
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| Income | ![]() |
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| Growth | ![]() |
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| No dividends found |
| Time | Volume / Share Price |
| 13:37 | 47,212 @ 0.70p |
| 10:22 | 30,000 @ 0.74p |
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