Buy Sale Gem Mining Lands

Gem mining lands which are rich with raw uncut gem stones fetch good value per perch at the international level. In Sri Lanka too these valuable lands are available for to sale from private land owners.

These gem mining lands are available for sale around famous mining towns in Sri Lanka at high price. Due to high price of the lands, purchasing these lands is worth for large scale mining. Before you start your mining business you must get the permission from the Sri Lanka Government.

Foreigners who have local collaboration partner are welcomed by the Government to improve this gem business income in foreign currencies. Foreigners who want to buy lands in Srilanka will face higher taxes when buying land. But their companies which have Sri Lanka partner will not face the higher land tax from the Government as it is encouraging the foreign investment in this way.

If you are planning traditional gem mining practice with local miners to working the gem pit or have idea to do large scale gem mining project, you have to do it legally with local expertise only.

If you are planning to start your large scale gem mining in Sri Lanka you can find local partners and the banks in the capital are ready to provide loans under the ministry's supervision.

Before you start with the land owner's agreement you can make trail digging in their lands to see whether it will keep with the value of the land because of the minerals.

I the past some companies had made 6 meter depth trial digging in the first illam and found various kinds of rough material which included valuable Blue Sapphire, Yellow Sapphire, Star Sapphire, Geuda, Aquamarine, Morganite, Garnet, Feldspar and Quartz. Thus promising the land buyer hopes for higher returns for his investment.

Areas surrounding Ratnapura, Polonnaruwa, Elahera, Rakwana, Okkampitiya, Palmadulla and Kataragama are the best gem stones mining fields that are available for sale. These areas used to provide valuable gem stones for thousands of years. So if you are not interested in buying these rich lands then you can go further with making a business contract with the land owners with a percentage share contract for the gemming right in their land.

As a legal measure you have to obtain Gemming license to operate gem pits in Sri Lanka. You must have to apply it through the Chairman, National Gem and Jewellery Authority (NGJA). Using of backhoe and suckers machines are illegal to be used in Sri Lanka for gem mining. As in your country it is good practice to get good insurance coverage from the local insurance company to cover your land investment and you can use any foreign insurance company to cover your business in Sri Lanka.

Address of the
National Gem and Jewellery Authority
No. 25, Galle Face Terrace,
Colombo -03,
Sri Lanka.
(+94) 011 239 0645
http://www.srilankagemautho.com