URA Holdings plc announced an operational update for its Gravelotte Emerald Mine. Custom-made Optical Sorter manufactured by Angelon Electronics Co Ltd. in China has been completed and final payments have been made. Optical Sorter has now been shipped and is expected to arrive at the port in South Africa in mid to late January 2024.

Once the Optical Sorter has arrived on site Angelon will send a crew to site from China for assembly and commissioning. Phase 1 ready processing plant is more than 65% completed and awaiting the arrival of the Optical Sorter. A primary crusher and primary sizing screen with associated conveyors and dewatering pumps, are all in the process of being procured and installed into the current circuit.

Trial mining and processing activities can potentially re-start within a short period of months from now, subject to all to the upgrades and the commissioning of the Phase 1 plant continuing to progress on schedule.