Firestone Diamonds PLC Recovery of 54 Carat Fancy Yellow Diamond (7157E)
08 Luglio 2019 - 8:00AM
UK Regulatory
TIDMFDI
RNS Number : 7157E
Firestone Diamonds PLC
08 July 2019
8 July 2019
Firestone Diamonds plc
("Firestone" or the "Company")
RECOVERY OF 54 CARAT FANCY YELLOW DIAMOND
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."
For more information please visit: www.firestonediamonds.com or
contact:
+44 (0)20 8741
Firestone Diamonds plc 7810
Paul Bosma
Grant Ferriman
Macquarie Capital (Europe) Limited
(Nomad and Broker)
Nick Stamp +44 (0)20 3037
Alex Reynolds 2000
+44 (0)20 7920
Tavistock (Public and Investor Relations) 3150
Jos Simson
Gareth Tredway
Annabel de Morgan
Background information on Firestone
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'
Letšeng Mine, Firestone's Liqhobong Mine, Namakwa Diamonds' Kao
Mine and Lucapa's Mothae Mine.
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
END
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