Source - SMW
Toronto-based Fura Gems completed its acquisition of a 76% interest in Esmeracol, which owns a licence for a Colombian emerald mine.

"With this acquisition, Fura now has two important silos in its portfolio, Colombian emeralds and Mozambican rubies," chief executive Dev Shetty said.

"Fura will now work towards modernisation of the Coscuez emerald mine and deployment of the best health and safety standards for its employees while keeping the environmental impact minimal."