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Rare earths & specialist minerals

URA Holdings rebrands as Gem Resources Plc

URA Holdings PLC (LSE:URAH) has confirmed its name change to Gem Resources Plc to reflect the company’s focus on gemstone mining and exploration.

At the same time, it has launched a new company website – www.gemresources.co.uk.

"We are excited to announce our rebranding,” chair Ed Nealon said in a statement.

“With the start of production at the Gravelotte Emerald Mine and the recent acquisition of the Curlew Emerald Mine, we are becoming a leading player in the coloured gemstone sector.

“Unlike diamond prices, coloured gemstone prices and demand continue to rise, particularly for ethically sourced gems.”