Feb 12, 2019

Firestone Diamonds Recovers 70 Ct White Gem Diamond

Firestone Diamond plc today  announced the recovery of a 70 carat white, makeable diamond from its Liqhobong Mine in Lesotho.

This follows on the heels of a 46 carat gem diamond  recovered in December 2018, which  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,” the Company stated.

Firestone commenced commercial production at the Liqhobong Diamond Mine (owned 75% by Firestone and 25% by the Government of Lesotho)   in July 2017.    

“Lesotho is emerging as one of Africa's significant new diamond producers, hosting Gem Diamonds' Letšeng Mine, Firestone's Liqhobong Mine, Namakwa Diamonds' Kao Mine and Lucapa's Mothae Mine,” Firestone noted.