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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Firestone Diamonds Plc | LSE:FDI | London | Ordinary Share | GB00BKX59Y86 | ORD 1P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 0.20 | 0.15 | 0.25 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
TIDMFDI
RNS Number : 5935B
Firestone Diamonds PLC
05 April 2017
5 April 2017
Firestone Diamonds plc
("Firestone" or the "Company") (AIM: FDI)
110 carat gem-quality light yellow diamond recovered at Liqhobong
Firestone Diamonds plc, the AIM-quoted diamond mining company, is pleased to announce the recovery of its largest diamond to date, a 110 carat gem-quality light yellow diamond, during the ramp up phase at its Liqhobong Diamond Mine.
The Company believes this diamond recovery confirms the significant larger stones potential that exists at Lighobong.
A photo of the diamond can be viewed via the PDF link:
http://www.rns-pdf.londonstockexchange.com/rns/5935B_-2017-4-4.pdf
Stuart Brown, Chief Executive Officer of Firestone, commented:
"I am delighted to announce that we have recovered Firestone's largest diamond to date. The 110 carat gem-quality light yellow diamond recovered during Liqhobong's ramp-up phase is a very exciting and encouraging accomplishment. It confirms our long held belief that Liqhobong has large stone potential and I hope this is the first of many to come."
For further information, please visit the Company's website or contact:
+44 (0)20 8741 Firestone Diamonds plc 7810 Stuart Brown +44 (0)20 7409 Strand Hanson Limited (Nomad) 3494 Stuart Faulkner Richard Tulloch James Dance Macquarie Capital (Europe) +44(0)20 3037 Limited (Joint Broker) 2000 Raj Khatri Nick Stamp Mirabaud Securities LLP (Joint Broker) +44 (0)20 7878 Rory Scott 3360 +44 (0)20 7878 Ed Haig-Thomas 3447 Tavistock (Public and Investor +44 (0)20 7920 Relations) 3150 Emily Fenton +44 (0)7788 Jos Simson 554 035 Barney Hayward
Background information on Firestone
Firestone is an international diamond mining company with operations focused on Lesotho. Firestone is currently in the process of commencing commercial production at the Liqhobong Diamond Mine. Liqhobong is owned 75% by Firestone and 25% by the Government of Lesotho.
Lesotho is emerging as one of Africa's significant new diamond producers, hosting Gem Diamonds' Letseng Mine, Firestone's Liqhobong Mine and Namakwa Diamonds' Kao Mine.
For more information please visit: www.firestonediamonds.com
The information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014 ("MAR").
ENDS
This information is provided by RNS
The company news service from the London Stock Exchange
END
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(END) Dow Jones Newswires
April 05, 2017 02:00 ET (06:00 GMT)
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