- Gemstones producer Richland said chief executive Bernard Olivier would resign as chief executive to pursue other interests.

The appointment process for his successor was well advanced and the company said it would make a further announcement "in due course".

Richland also said that subsidiary Capricorn Sapphire had generated $183,399 of revenue between November 4 and December 31 from the sale of 278,270 carats of cut and rough sapphires.

At 8:27am: [LON:RLD] Richland Resources share price was 0p at 0.43p

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