Richland Resources (LON:RLD) has put back its first sale of sapphires from the Capricorn project in Queensland.
A product display and education session will now be held at the Hong Kong Jewellery this month, with first sales expected in the third quarter.
Production during the initial start up and production commissioning phase had been lower than projected due an electrical problem, which has been fixed.
Bernard Olivier, chief executive, said: “We have taken the decision not to make the event a formal sight as the quantity of gemstones is not sufficient for the type of marketing profile we wish to build with customers.
“Whilst it is disappointing, start-up issues like this forms part of a rapid mine redevelopment process as we continue our start-up and ramp-up phase.
“However I believe the best way to solve these issues are to identify and rectify them while in operation."