Firestone finds three large diamonds at Lesotho mine

Aim-listed diamond mining and exploration company Firestone Diamonds has recovered three large stones at its Liqhobong mine, in Lesotho, including an unbroken 74 ct light yellow diamond. The 74 ct diamond, found in April, is the largest recovered...

Botswana becomes State diamond trader

The government of Botswana has established a State diamond trading company that will be responsible for the purchasing, selling and marketing of the State’s portion of Debswana production, Botswana’s daily newspaper Mmegi reports. Mining...

Diamond mining and exploration company complete first 2011 diamond sale

Diamond mining and exploration company Firestone Diamonds has completed its first 2011 diamond sale from its Liqhobong mine, in Lesotho, and its BK11 mine, in Botswana.

Firestone Diamonds aims to raise £13m for Lesotho project

Junior mining company Firestone Diamonds announced on Friday that it aimed to raise £13-million before expenses by placing 52-million shares at 25p each. The proceeds would be used to accelerate the company's plans to recommence production and...

South African mines, quarries show
significant interest in new air separator

South African equipment manufacturer Dakota Mining and Quarry Equipment reports that its Fisher air separator, which it introduced in July, has taken well to the local market.

Frontier Rare Earths to list in Toronto, targets 2014 production from SA project

Frontier Rare Earths, a junior company with a rare-earth elements project in South Africa, has filed a preliminary prospectus in Canada for an initial public offering, and plans to list its shares on the TSX. Frontier's main asset is the...

Firestone shareholders approve Kopane acquisition

Aim-listed Firestone Diamonds shareholders on Friday approved the acquisition of Kopane Diamond Developments. Approval is still required from the Kopane shareholders, which would vote through a scheme-of-arrangement on Monday. This would be...

Debswana delays $55m Jwaneng tailings project – Firestone

Only three months after it was announced that Debswana was going to proceed with the construction of a $55-million modular tailings treatment project (MTTP) at its Jwaneng mine, in Botswana, the project has now been delayed. Aim-listed Firestone...

Kopane and Firestone Diamonds shareholders to vote on merger

Aim-listed companies, Kopane Diamond Developments and Firestone Diamonds, would meet with their respective shareholders in September to vote on Firestone’s proposed acquisition of Kopane. In July, Firestone released details of its proposed...

Firestone opts for secondary listing on Botswana bourse

Aim-listed Firestone Diamonds announced on Monday that it intended to apply for a secondary listing on the Botswana Stock Exchange. The secondary listing application would be made shortly, and listing was anticipated to take place in the second...

Gem firm to start mining at Botswana operation by midyear

European Diamond mining junior Firestone Diamonds has announced that it intends to start development of commercial mining operations on its BK11 kimberlite in Botswana.

Firestone may earn into Tawana's Botswana projects

JSE-listed Tawana Resources has entered into a joint-venture agreement with Firestone Diamonds over its kimberlite exploration and evaluation projects in Botswana. The projects include eight kimberlites in the Orapa kimberlite field, Tawana said.