Firestone Diamonds Plc said it had recovered an 110 carat gem quality light yellow diamond during the ramp up phase of its Liqhobong diamond mine in Lesotho. The stone is the Company’s biggest find so far at its newly developed mine.

The discovery confirms that the mine has the potential to yield significant larger stones, Firestone said.

Stuart Brown, Chief Executive Officer of Firestone, commented: "I am delighted to announce that we have recovered Firestone's largest diamond to date. The 110 carat gem‐quality light yellow diamond recovered during Liqhobong's ramp‐up phase is a very exciting and encouraging accomplishment. It confirms our long held belief that Liqhobong has large stone potential and I hope this is the first of many to come."