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Liqhobong mine Firestone 140
Firestone Faces Uncertain Future
The continued operation of Firestone Diamonds is in question amid an extended shutdown of its mine in Lesotho and heavy debt.The
News Jan 13, 2021 Leah Meirovich
Firestone rough 150
Firestone to Test Diamond Prices in November
Firestone Diamonds plans to sell a portion of its inventory next month to assess the prices it can secure for
News Oct 26, 2020 Rapaport News
Firestone
Firestone Lays Off Workers as Liqhobong Stays Shut
Firestone Diamonds has dismissed most of its employees as it plans to keep the Liqhobong mine closed for at least
News Jul 20, 2020 Rapaport News
Miners
Heavy Debt Looms over Mining Shutdown
A number of diamond-mining companies that have halted production during the COVID-19 crisis will find it difficult to resume
News Apr 23, 2020 Leah Meirovich
Petra Finsch mine
South Africa, Lesotho Mines Set for Shutdown
Petra Diamonds, Gem Diamonds, Firestone Diamonds and Lucapa Diamond Company are suspending operations at their mines
News Mar 25, 2020 Rapaport News
Firestone Liqhobong 150 March
Firestone to Delist Later This Month
Firestone Diamonds’ shareholders have approved its delisting from public trading, as it seeks to reduce costs amid weak
News Mar 15, 2020 Rapaport News
Firestone Liqhobong 150
Firestone Faces Fallout from Power Disruption
Production at Firestone Diamonds faltered in the second fiscal quarter, as the miner faced a near monthlong power disruption
News Feb 26, 2020 Rapaport News
Firestone
Firestone Forecasts Weak Rough Pricing
Firestone Diamonds gave a cautious outlook for the coming year, expecting continued sluggish market conditions to impact
News Dec 22, 2019 Rapaport News
Diamonds at Tenders
Let’s Set Our Sights on the Auctions
De Beers’ first-half earnings highlighted the many challenges facing the diamond trade. But beyond the sharp
Analysis Aug 07, 2019 Avi Krawitz
Firestone
Small-Stone Slump Hits Firestone Revenue
Firestone Diamonds saw a decline in sales during its fiscal fourth quarter due to a drop in demand for small,
News Jul 29, 2019 Rapaport News
Firestone
Firestone Finds Its Biggest Fancy Yellow
Firestone Diamonds has recovered a 54-carat, intense-fancy-yellow rough diamond at its Liqhobong mine in Lesotho, it reported Monday. The
News Jul 08, 2019 Rapaport News
Firestone Liqhobong
Firestone Gets Bank Waiver After Prices Slide
ABSA Bank has granted Firestone Diamonds a waiver after a drop in small-diamond prices put the miner at risk
News Jul 02, 2019 Rapaport News
Gahcho Kué
Analysts Expect Flat Rough Prices in 2019
Rough-diamond prices will remain sluggish this year as the market challenges that arose in the second half
News Mar 28, 2019 Rapaport News
Firestone
Firestone Recovers 70ct. Rough
Firestone Diamonds has unearthed a 70-carat white rough stone from its Liqhobong mine in Lesotho. “The 70-carat
News Feb 12, 2019 Rapaport News
Firestone Q1
Firestone Unearths 326ct. Diamond
Firestone Diamonds has recovered a 326-carat, near-gem-quality rough — the largest diamond the miner has found to date.
News Nov 04, 2018 Rapaport News
Firestone Diamonds
Firestone Diamonds Slashes Annual Loss
Firestone Diamonds narrowed its annual loss by 91% amid higher sales, and due to the absence of an impairment
News Oct 04, 2018 Rapaport News
Firestone 150
Firestone Sees Strong Bigger-Stone Demand
Sales were strong at Firestone Diamonds in the fourth fiscal quarter amid robust demand for larger rough
News Jul 24, 2018 Rapaport News
Paul Bosma Firestone
Firestone Promotes Paul Bosma to CEO
Firestone Diamonds has appointed industry veteran Paul Bosma to succeed Stuart Brown as CEO from July 1, the
News May 14, 2018 Rapaport News
firestone
Firestone Diamonds Posts Inaugural Revenue
Firestone Diamonds recorded its first half-year revenue from the Liqhobong mine in Lesotho, the company said
News Mar 29, 2018 Rapaport News
Firestone Liqhobong mine
Firestone Raising Cash After Price Drop
Firestone Diamonds is looking to raise $25 million (GBP 18.5 million) to fund operations at its Liqhobong mine in Lesotho
News Dec 04, 2017 Rapaport News
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