A 46 carat diamond unearthed
Firestone
recovered a white, makeable diamond
Firestone
Diamond plc is pleased to announce the recovery of a 46 carat white, makeable
diamond from its Liqhobong Mine in Lesotho. The stone was recovered undamaged
and will go on sale at the next tender which is scheduled to take place at the
end of January 2019. The
company is also pleased to report a stabilisation in pricing for the smaller,
lower value stones (-3 grainers) at the recent sale which was concluded on 7
December and which confirms the trend reported by other producers.
Further details will
be included in the Q2 production update. Paul Bosma, Chief Executive Officer,
commented: "The recovery of the white 46 carat stone is good news as we
start mining across the pit towards the northern side of the ore body over the
coming months. We are also pleased by the fact that the prices of our smaller,
lower value goods have stabilised and we look forward to further improvement as
we head into the New Year on the back of an expected positive diamond jewellery
retail season".
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