Firestone Diamonds is in the process of selling the largest diamond ever recovered from its Liqhobong mine, in Lesotho. The 215 carat stone is being put to a competitive bidding tender process, with viewings in Antwerp and Dubai. “This sale represents another milestone in our ongoing efforts to deliver value to stakeholders,” said Firestone in … Read more
Firestone Diamonds announced Thursday that it recovered 208,572 carats in Q4, up 34% from its Q3. However, the diamond market is not great, warned Paul Bosma, chief executive officer. “From a market and pricing perspective, it was a tough financial year, particularly for the smaller, lower value goods and these conditions are expected to persist … Read more
Firestone Diamonds 54 Carat Fancy Yellow Rough Diamond
Tough times in some parts of the diamond-mining industry has prompted an innovative solution, a four-way merger to create a new southern African diamond specialist. The proposal, from the London office of the German bank, Berenberg, could see Gem Diamonds, Petra Diamonds, Lucara Diamond Corporation and Firestone Diamonds emerge as a single business with enhanced … Read more
