President Has Cancelled The Gem Mining Licences Of Sixteen Foreign Companies

The President has cancelled the Gem Mining Licences issued for unidentified 16 Foreign Companies to search Blue Sapphires and other Gems in Sri Lankan Soil according to the President's Media Unit.President has cancelled these mining licences in view of protecting local gem miners the unit has said.

However the President's Media Unit has not mentioned clearly  whether these foreign companies whose gem mining  licences have been cancelled are already involved in  gem mining activities in the island  or prepar
ing to setup operations here.