Greenland Ruby Executes a Long-Term Financing Agreement with Nebari
The transaction is a strong sign of the colored gem miner’s ongoing prospects By: Diamond World News Service | | Mille Schiøtt Kongstad, Greenlandic geologist. Holding rough from the Aappaluttoq mine Greenland Ruby DK ApS, a ruby and sapphire corundum miner in Greenland; and Nebari Natural Resources Credit Fund I, LP, a financier in the mining sector; announce today a landmark transaction in the colored gemstone industry, with execution of an agreement for a $18 million working capital facility. The first fund...