Firestone Diamonds has recovered a 54-carat intense fancy yellow, sawable diamond from its Liqhobong Mine in Lesotho, the company announced this morning. This recovery follows that of a 72-carat yellow makeable stone last April. The miner also has a a 134 carat gem-quality light...
Lucapa Diamond Company and the Government of Lesotho have announced results from the second tender in 2019 of diamonds from the new Mothae mine The parcel of 7,008 carats of rough diamonds sold at tender in Antwerp for a total of M51 million.
The department of water and sanitation reportedly has contingency plans in place for the shutdown period.  The Lesotho Highlands Water Project, which delivers water to the Vaal River System in South Africa is going to “shut down for maintenance”...
The ministry of mines’ department of geological survey has confirmed the existence of uranium deposits in Lesotho, but says further studies need to be conducted before full scale mining and investment can be considered. In addition, details of whether these surface indications...
Mothae Diamond Mine has recovered its first +100 carat diamond. The stone is a gem-quality 126 carat diamond and is the largest diamond recovered since commercial mining operations commenced in January 2019. The diamond is also the sixth +50...
AIM-listed diamond producer Firestone Diamonds, who has been in diamond production for a year and a half, has in recent times been faced with lower diamond values. The company is therefore focused on controlling its costs and achieving its...
The Lesotho Highlands Development Authority (LHDA) has awarded the contract for the construction of the Polihali diversion tunnels to SCLC Polihali Diversion Tunnel JV, marking another significant step in the implementation of Phase II of the Lesotho Highlands Water Project (LHWP). The tunnels,...
Lucapa Diamond Company last week has agreed on funding and refinancing arrangements which will improve its financial position and reduce its financing costs, the company said in an ASX announcement. The move will enable Lucapa to reduce the higher-cost debt used to...
Firestone Diamonds PLC (LON:FDI) shares sparkled on Monday after the miner revealed it dug up a 72 carat yellow, whole stone diamond at its Liqhobong Mine over the weekend. In a statement, the AIM-listed group said the makeable yellow...
Firestone Diamonds increased its first half (ended 31 December 2018) revenue to $27.4 million from three sales at First Element tender house in Antwerp despite soft prices, the miner announced late last week. Firestone managed to top the $26.0 million from four sales in H1 last year...