Fura Gems Inc. appointed Joe Carrabba as non-executive chairman of board of directors, effective immediately. Mr. Carrabba has over 40 years' of international experience in the mining industry. Mr. Carrabba was formerly the Chairman and President & CEO of Cliffs Natural Resources Inc., formerly Cleveland-Cliffs Inc. Prior to joining Cliffs Natural Resources in 2005, Mr. Carrabba held various senior operating positions with Rio Tinto Plc, including President and COO of Diavik Diamond Mines. Mr. Carrabba is also a director of Newmont Mining Corporation, Aecon Group Inc., Timken Steel and NioCorp Developments Ltd. The appointment of Mr. Carrabba follows the resignation of Fred Leigh as the non-executive chairman of the Company's board of directors.