Firestone Diamonds sees bright prospects for 2011

Diamond-mining junior Firestone Diamonds said on Wednesday that its prospects for 2011 were "brighter than ever", after a year of transformation and on the back of strong demand for rough diamonds. "With Firestone producing at its new BK11 and...

Firestone Diamonds unveils Kopane acquisition details

Aim-listed Firestone Diamonds said on Wednesday that it had agreed terms for the acquisition of junior diamond-miner Kopane through a scheme arrangement. The purpose of the scheme was to allow Firestone to become the owner of the entire issued...

Kopane finds partner for Lesotho diamond project

Aim-listed diamond-miner Kopane Diamond Developments has entered into a nonbinding memorandum of understanding (MoU) with an unnamed mining company to assist in developing its 75%-owned Liqhobong project, in Lesotho. The London-listed miner...

Kopane seeks to raise £5,7m in share placement

Lesotho-focused diamond explorer Kopane Diamond Developments on Wednesday announced its intention to raise around £5,7-million through a share placement scheme. The company, which owns the Liqhobong project in Lesotho, would place more than...

Kopane plans new diamond processing plant for Lesotho project

Aim-listed Kopane Diamond Developments was considering increasing the capacity of its Liqhobong Satellite plant, in Lesotho, to 750 000 t/y, up from the current 450 000 t/y, until a larger plant could be built to process kimberlite from the Main...

Lesotho gem mine targets fivefold output growth by 2012

Aim-listed diamond producer, Kopane Diamond Developments, has announced that it expects a fivefold boost in production at its Liqhobong diamond mine, in Lesotho, to one-million carats by 2012. Speaking at the first day of the 2008 Paydirt World...

Kopane Diamonds spurns takeover offer

Aim-listed Kopane Diamond Developments, which has assets in Finland and Lesotho, has decided not to enter into talks regarding a possible takeover of the company, after having received an indicative proposal from an unnamed third party, of 17p a...

Lesotho diamond producer forms JV to finance, operate Finnish assets

Aim-listed diamond miner Kopane Diamond Developments, with assets in Lesotho and Finland, has entered into a joint venture (JV) with Mantle Diamonds to finance and operate its Finnish assets.