Firestone’s Lesotho mine delivers 70 ct diamond

12th February 2019

By: Simone Liedtke

Creamer Media Social Media Editor & Senior Writer

     

Font size: - +

Aim-listed Firestone Diamond has recovered a 70 ct white, makeable diamond from its Liqhobong mine, in Lesotho.

CEO Paul Bosma said on Tuesday that the 70 ct stone was recovered in the northern, low grade part of the pit where the bulk of Firestone’s mining would 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,” he noted.

The diamond will go on sale at the next tender, which is scheduled to take place next month. A 46 ct gem that was recovered in December, sold for more than $1-million at a recent sale.

Edited by Mariaan Webb
Creamer Media Senior Deputy Editor Online

Comments

The functionality you are trying to access is only available to subscribers.

If you are already a subscriber, you can Login Here.

If you are not a subscriber, you can subscribe now, by selecting one of the below options.

For more information or assistance, please contact us at subscriptions@creamermedia.co.za.

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION