The National Gem and Jewellery Authority today laid out the conditions for the Friday’s auction of the land with gems which was found in the Thammannawa village near Katharagama.
The land was surveyed and demarked into 49 blocks with an extent of 10-15 perches per block and these blocks are scheduled to be auctioned at 10.00 am at the Pradesheeya Sabah Auditorium, Kataragama, Chairman of the Authority Prasad Dalhena told a news conference in Colombo today.
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The conditions for granting gem mining rights for a period of one year are as follows:
The total payments have to be made in cash.
Gem mining activities have to be carried out in accordance with rules and regulations stipulated by the Authoriy.
VAT and NBT is payable for the bid value and the licence fee of Rs. 10,000/-
A refundable security deposit of Rs.25, 000/- and stamp fee of Rs.1000/- are payable.
Participants at the auction will be called upon to pay an entrance fee of Rs.1000/- and obtain a registration number.
National Identity Card will be essential to gain entrance to the Auction hall.
Mr Dalhena said most of the gems found in this land belongs to the corundum family and consists of well defined crystals of blue sapphire.
He said there is a growing demand for Blue Sapphires from Sri Lanka and the National Gem and Jewellery Authority hopes that the gems found will be boost to the Blue Sapphire exports and benefit the National Economy.
Pic by- Indika Handuwala.
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