viewShefa Gems Ltd

Shefa Yamim's Carmeltazite officially recognised as new and rare mineral

Shefa Yamim ATM LTD's (LSE:SEFA) James Campbell tells Proactive London's Andrew Scott that carmeltazite, a mineral found in one of the gemstones from their Mount Carmel property in Israel has been recognised and approved as a new mineral by the International Mineralogical Association.

The new mineral, first discovered by Shefa Yamim, got its name due to the location of the discovery on Mount Carmel, and due to its major chemical components - titanium, aluminium and zirconium.

Campbell also updates on the work that's being carried out in Zone One towards the start of trial mining later this year.

Quick facts: Shefa Gems Ltd

Price: 5 GBX

Market: LSE
Market Cap: £8.62 m

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Full interview: Shefa Gems to start trial mining

Gemstone group Shefa Gems Ltd's (SEFA) focus over the next six months is to get a permit to start trial mining at the Kishon Mid-Reach Zone 1 in Israel. Non-Executive Chairman Michael Rosenberg tells Proactive London there's been a huge amount of work done this year and the company focus is now...

on 29/8/19

2 min read