URA raises $1.25m to restart South African emerald mine

Emerald producers-hopeful URA Holdings (LON: URAH) has raised £1 million ($1.25m) in an accelerated bookbuild to restart operations at its 74%-owned Gravelotte emerald mine, located in South Africa's Limpopo province. The company, which acquired the old-producing mine in February, expects trial extraction and processing activities...

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