Firestone Diamond recovers 70 carat white diamond from Liqhobong mine

Writer, Stock Market Wire
Tuesday, February 12, 2019 - 09:00

Firestone Diamond said Tuesday it had recovered a 70 carat white, makeable diamond from its Liqhobong Mine in Lesotho.

This comes after a 46 carat gem diamond that was recovered in December, sold for more than US$1m at a recently held sale.

The 70 carat diamond was recovered undamaged and would go on sale at the next tender, scheduled to take place during March 2019, the company said.

At 9:00am: (LON:FDI) Firestone Diamonds PLC share price was +0.05p at 2.75p


Related content

Firestone Diamonds says grid power restored to Liqhobong mine in South Africa

Firestone Diamonds said stable grid power has been restored at its Liqhobong diamond mine in South Africa.

The company said Lesotho Electricity's Muela hydropower station...

Wed, 04/12/2019 - 13:23


Firestone Diamonds uses alternative power supply to resume production at Liqhobong mine

Firestone Diamonds said an alternative power supply had been implemented at its Liqhobong Diamond Mine, to help resume production in the absence of grid electricity...

Fri, 01/11/2019 - 09:51


Firestone Diamonds reports fall in revenue as diamond recoveries, sales decline

Firestone Diamonds reported a fall in revenue in its fiscal first-quarter as diamond recoveries and sales slipped as a subdued pricing backdrop continued to keep...

Wed, 23/10/2019 - 08:41


Firestone Diamonds orders diesel generators to restore power at Liqhobong mine

Firestone Diamonds said its Liqhobong mine in Lesotho remained without sufficient power following outages reported more than a week ago.

The company said it had...

Tue, 15/10/2019 - 14:35


Power outage disrupts output at Firestone Diamonds mine in Leshotho

Firestone Diamonds said production had been disrupted at its 75%-owned Liqhobong nine in Lesotho due to power shortages.

The mine was supplied electricity from the...

Fri, 04/10/2019 - 13:21