Mining & Energy
New Energy Minerals’ ambitions in Mozambique supported by Louis Ching’s UBezTT
Dev Shetty, president and CEO of Fura Gems Inc (TSXV: FURA) (OTC: FUGMF), introduces the company to Proactive Investors and outlines their recent Mozambique acquisition.
Shetty says they’re acquiring nine ruby assets in Mozambique from ASX listed Mustang Resources Ltd and Regius Resources Group Ltd for A$15mln.
He adds that upon completion of the deal Fura will hold the largest ruby land package in Mozambique – 1,104 square kilometres.
Pylons sabotaged in Nampula