In the interview on Zak Mir's channel, Bernard Olivier, CEO of URA Holdings, discusses the recent developments at the Gravelotte Emerald Mine.
Olivier reports that the mine has commenced production on schedule and within budget. He highlights that the mine, historically a significant source of emeralds in the 1970s, is ramping up production with a focus on building up stockpiles for future auctions.
He praises his team for their efficiency in bringing the mine back into production quickly and below cost. The discussion also touches on the company's plans for the second half of the year, including generating revenue from the first auction of emeralds. Olivier emphasizes the importance of having a large enough quantity of run-off mine material to attract buyers.
Here are the key points from the interview with Bernard Olivier, CEO of URA Holdings: