Gregcarbil Pty Ltd

A Peculiar Pattern of Private Deals at Richland Resources

A Peculiar Pattern of Private Deals at Richland Resources

5 mins. to read

Photo courtesy of Richland Resources A Peculiar Pattern of Private Deals There is risk-free money to be made in sapphire mining licences. Last April, a private Australian company, Gregcarbil Pty Ltd, was granted two mining licences in Queensland’s gemstone district: ML70419 and ML70447. The area covers an abandoned blue sapphire deposit and after legal action…

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