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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 its rough stones as the market begins to recover.The miner is holding 64,700 carats of rough from its Liqhobong...
Mining Oct 26, 2020 Rapaport News
Firestone Liqhobong
Firestone Gets Bank Waiver After Prices Slide
ABSA Bank has granted Firestone Diamonds a waiver after adrop in small-diamond prices put the miner at risk of breaching its loan covenants. The terms of Firestone’s $82.4 million loan from ABSA included assumptions about...
Mining Jul 02, 2019 Rapaport News
Petra Diamonds
Petra to Raise $178M to Repay Debt
Petra Diamonds plans to sell stock to shareholders in a bidto raise $178 million and pay off its debt, it said Thursday. The miner will issue 332.8 million new shares for $0.54 (GBP0.40) each, a steep...
Mining May 24, 2018 Rapaport News
Liqhobong
Firestone Ups Liqhobong Production Forecast
Firestone Diamonds has raised its production outlook for theLiqhobong mine to 360,000 carats for the fiscal year ending June 30.Operations at the Lesotho-based project, which the company initially predicted would produce 300,000...
Mining Jun 25, 2017 Rapaport News
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