Firestone's Lesotho mine delivers 70 ct diamond

By Simone Liedtke      / February 12, 2019 / www.miningweekly.com / Article Link

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.

Advertisement

“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.

Advertisement

Recent News

Big Gold has another strong quarter, but some signs growth cooling

May 12, 2025 / www.canadianminingreport.com

Gold stocks nearly regain highs on rising metal price

May 12, 2025 / www.canadianminingreport.com

Gold stocks down as risk on move continues

May 05, 2025 / www.canadianminingreport.com

Mixed outlook for resources on new Canadian government

May 05, 2025 / www.canadianminingreport.com

Gold's Bull Market Pullbacks

April 28, 2025 / www.canadianminingreport.com
See all >
Share to Youtube Share to Facebook Facebook Share to Linkedin Share to Twitter Twitter Share to Tiktok