Central SA
A 70-carat white diamond recovered from #Lesotho mine─── 09:52 Tue, 12 Feb 2019
Firestone Diamond said on Tuesday it had recovered a 70-carat white, makeable diamond from its Liqhobong Mine in Lesotho.
The latest recovery comes after a 46-carat gem was found in December and recently sold for more than US$1 million.
Firestone Diamond said the 70-carat diamond was recovered undamaged and would go on sale at the next tender scheduled for March.
"The 70-carat stone was recovered in the northern, low-grade part of the pit where the bulk of our mining will take place in the coming months," CEO Paul Bosma said.
"Although the market for the smaller stones has been under pressure, we’ve seen continued demand and good prices realised for special stones."
Firestone Diamonds operates in Lesotho and Botswana and is listed on the AIM exchange, a sub-market of the London Stock Exchange.
African News Agency (ANA)
