3 Oct 2017 07:00
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