Firestone Diamonds (FDI)

 

LSE:FDI: Recovery of 134 carat gem-quality diamond

Firestone Diamonds

03 Oct 2017 07:00:02

Firestone Diamonds

RNS Number : 4714S
Firestone Diamonds PLC
03 October 2017
 

3 October 2017

 

Firestone Diamonds plc

("Firestone" or the "Company") (AIM: FDI)

 

Recovery of 134 carat gem-quality diamond

 

Firestone Diamonds plc, the AIM-quoted diamond mining company, is pleased to announce the recovery of its largest diamond to date, a 134 carat gem-quality light yellow diamond, from its Liqhobong Diamond Mine, located in Lesotho.  The Board believes this recovery, the second of over a hundred carats since production commenced, reinforces the potential for large stones at Liqhobong as the Company continues early stage mining.

 

For further information, please visit the Company's website or contact:

Firestone Diamonds plc

+44 (0)20 8741 7810

Stuart Brown




Strand Hanson Limited (Nomad)

+44 (0)20 7409 3494

Stuart Faulkner


Richard Tulloch


James Dance




Macquarie Capital (Europe) Limited (Joint Broker)

+44(0)20 3037 2000

Raj Khatri


Nick Stamp




Mirabaud Securities LLP (Joint Broker)


Rory Scott

+44 (0)20 7878 3360

Ed Haig-Thomas

+44 (0)20 7878 3447



Tavistock (Public and Investor Relations)

+44 (0)20 7920 3150

Emily Fenton

+44 (0)7788 554 035

Jos Simson


Barney Hayward


 

Background information on Firestone

Firestone is an international diamond mining company with operations focused on Lesotho. Firestone is currently in the process of commencing commercial production at the Liqhobong Diamond Mine. Liqhobong is owned 75% by Firestone and 25% by the Government of Lesotho.

 

Lesotho is emerging as one of Africa's significant new diamond producers, hosting Gem Diamonds' Letseng Mine, Firestone's Liqhobong Mine and Namakwa Diamonds' Kao Mine.

 

For more information please visit: www.firestonediamonds.com

 

The information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014 ("MAR").

 

ENDS

 

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
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