Fura Negotiates 30-Year Extension to Colombian Emerald Mining License

Fura Gems announced that it has successfully negotiated with the Colombian National Mining Agency for a 30-year extension to Colombian emerald mining license. Fura holds a 76%-indirect equity interest in Coscuez S.A., which holds a 100% interest in the License, covering an area of 46.9651 hectares and including exclusive rights for the exploration, construction and mining of emerald deposits within the area historically known as the “Coscuez Mine” in the municipality of San Pablo de Borbur, Department of Boyacá.

Source: Globe Newswire