Firestone to scrap AIM listing to save on costs

25th Feb 2020 10:52

(Sharecast News) - Firestone Diamonds plans to cancel its listing on AIM to cut costs and ease pressure on its finances caused by falling diamond prices.

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Firestone Diamonds Liqhobong mine operating at full capacity again

4th Dec 2019 07:36

(Sharecast News) - Firestone Diamonds said on Wednesday that its processing plant at the Liqhobong mine can operate at full capacity again after stable grid power was restored.

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Firestone Diamonds uses diesel generators to resume production

1st Nov 2019 12:23

(Sharecast News) - Firestone Diamonds announced on Friday that an alternative power supply has been implemented at its Liqhobong Diamond Mine, which has facilitated the resumption of production in the absence of grid electricity supply.

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Firestone Diamonds reports higher diamond recovery in first quarter

23rd Oct 2019 15:51

(Sharecast News) - Firestone Diamonds issued its quarterly update on operations at its Liqhobong Diamond Mine for the quarter ended 30 September on Wednesday, reporting a lost time injury-free quarter, down from one lost time injury in the quarter immediately prior.

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Firestone Diamonds Liqhobong mine operations disrupted

4th Oct 2019 09:12

(Sharecast News) - Firestone Diamonds said on Friday that production at its 75%-owned mine in Lesotho has been "severely disrupted" due to power fluctuations.

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Firestone Diamonds recovers 72-carat diamond from Lesotho mine

8th Apr 2019 10:24

(Sharecast News) - Firestone Diamonds recovered a 72-carat yellow diamond over the weekend from its Liqhobong mine in Lesotho.

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Firestone Diamonds recovers 70-carat diamond from Lesotho mine

12th Feb 2019 09:42

(Sharecast News) - Firestone Diamonds has recovered a 70-carat white, "makeable" diamond from its Liqhobong mine in Lesotho.

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Firestone Diamonds recovers 46 carat white diamond

14th Dec 2018 11:12

(Sharecast News) - Firestone Diamonds has recovered a 46 carat white, makeable diamond from its Liqhobong mine in Lesotho.

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Thursday broker round-up

20th Sep 2018 13:16

(Sharecast News) - AVEVA Group: Barclays upgrades to overweight with a target price of 3,150p.

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Firestone Diamonds announces results of first sale

13th Feb 2017 08:00

(ShareCast News) - AIM-listed Firestone Diamonds has sold all 75,936 carats of diamonds recovered from its 75%-owned Liqhobong diamond mine in Lesotho. The company achieved an average price of $107 per carat and total sale proceeds came in at $8.14m. Firestone's first sale of diamonds saw over 90 c

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Firestone moves Liqhobong Diamond Mine into production ramp-up

21st Oct 2016 10:54

(ShareCast News) - Firestone Diamonds confirms the recovery of the first diamonds at the Liqhobong Diamong Mine as the Project moves into its production ramp-up phase. It anticipated the ramp-up process to to recover up to 1 million carats a year would take at least six months. "It is extremely exc

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Firestone Diamonds extends deadline for Botswana ops sale

29th Jul 2016 12:43

(ShareCast News) - Diamond development company Firestone Diamonds has extend to 29 August the date at which all conditions for the $8m disposal of its Botswana operations to Tango Mining Ltd must be completed. "This extension is to enable Tango Mining to finalise the proposed $30m loan commitment wi

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Firestone Diamonds' construction at Lesotho mine ahead of schedule

20th Jul 2016 13:10

(ShareCast News) - Construction at Firestone Diamonds' Lesotho mine is ahead of schedule and production is expected around October. In a trading update, the company said construction was on its Liqhobong diamond mine is 85% completed, ahead of its revised target of 81%. The plant is currently 18%

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Firestone edges closer to production at Liqhobong

14th Apr 2016 16:19

(ShareCast News) - Diamond development company Firestone Diamonds revealed its Liqhobong Diamond Mine project was getting closer to completion on Thursday. It was a joint venture, with Firestone holding 75% and the Government of Lesotho 25%. The AIM-traded firm said construction was 72% complete at

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Wednesday broker round-up

16th Mar 2016 15:55

(ShareCast News) - Hikma Pharmaceuticals: Panmure Gordon upgrades to buy with a target price of 2120p. Greggs: Berenberg upgrades to hold, 1020p target. Firestone Diamonds: Panmure Gordon reiterates buy with a target price of 27p and Finncap stays at buy with a target price of 51p. Cairn Energy: C

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