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Recovered intense fancy yellow, Sawable diamond Liqhobong mine! Firestone Diamonds plc is pleased to announce the recovery of a 54 carat intense fancy yellow, sawable diamond from its Liqhobong Mine in Lesotho. The diamond will go on sale at the next tender which is scheduled to take place during September 2019. Paul Bosma, Chief Executive Officer, commented: “The Liqhobong mine has become known for its fancy yellow stones but this one is the largest we've recovered so far and is therefore quite special. Although certain segments of the diamond market are currently struggling, the demand for unique natural stones remains positive.” Firestone is an international diamond mining company with operations in Lesotho. Firestone commenced commercial production in July 2017 at the Liqhobong Diamond Mine.   Liqhobong is owned 75% by Firestone and 25% by the Government of Lesotho.   Lesotho is one of Africa's significant new diamond producers, hosting Gem Diamonds' ...

Firestone recovers makeable Diamond from Liqhobong Mine Firestone Diamond announces the recovery of a 70 carat white, makeable diamond from its Liqhobong Mine in Lesotho. This follows after a 46 carat gem diamond that was recovered in December, sold for more than US$1 million at a recently held sale. The 70 carat diamond was recovered undamaged and will go on sale at the next tender which is scheduled to take place during March 2019.   Paul Bosma, Chief Executive Officer, commented: "The 70 carat stone was recovered in the northern, low grade part of the pit where the bulk of our mining will take place in the coming months.  Although the market for the smaller stones has been under pressure, we've seen continued demand and good prices realised for special stones". Lesotho has long been known as a source of large, high-quality diamonds, at least initially from alluvial deposits.  Nevertheless, most of the country’s diamond assets have to date rem...

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...