Firestone Diamonds is in the process of selling the largest diamond ever recovered from its Liqhobong mine, in Lesotho. The 215-carat stone is being put to a competitive bidding tender process, with viewings in Antwerp and Dubai. “This sale represents another milestone in our ongoing efforts to deliver value to stakeholders,” said Firestone in a […]

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Firestone Diamonds provides its quarterly update on operations at its Liqhobong Diamond Mine for the quarter ended 30 September 2019 of Q1 FY 2020. According to the presented highlights that say, recovery of a 98 carat light yellow makeable stone which was sold in October. Diamond recoveries of 201091 carats remained lower than Q4 of […]

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Firestone Diamonds plc reported an exceptional operational performance that resulted in several new production-related records at its Liqhobong Diamond Mine during the quarter ended 30 June 2018 (Q4 FY 2018).Liqhobong is owned 75% by Firestone and 25% by the Government of Lesotho. Releasing its update for the quarter, the Company said that recoveries were 36.8% […]

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Firestone Diamonds plc which has its operations focused in Lesotho has reported higher rough diamond recoveries with a larger number of special stones (>10.8 cts) at its Liqhobong Diamond Mine during the quarter ended 31 March 2018 (Q3 FY 2018). A 6.6% increase over the previous quarter (Q2) took carats recovered to 192,604 carats, with […]

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Toronto- Pangolin Diamonds Corp. announced Monday that it has inked an agreement to buy a majority stake in AK10, a kimberlite pipe in Botswana’s Orapa field. The Toronto-based mining company said it has signed an option agreement with a private Botswana company, Makanwu Civil Blasting (Pty.) Ltd., to acquire up to a 75 percent interest […]

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Firestone Diamonds plc in its update on operations at its Liqhobong Diamond Mine for the quarter ended 30 September 2017 (Q1 of the Company’s FY 2018) reported that the plant at the mine was operating at nameplate capacity and that mining was “proceeding to plan and operations gradually extending to mining more representative ore from […]

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Firestone Diamonds plc reported a profit after tax of US$13.6 mn for the financial year ended June 30, 2016, but clarified that this was on account of recognition of tax credits of US$22.6 million, which, if excluded, present a loss of US$9.0 million compared with the prior year loss of US$10.4 million. The tax credit […]

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