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Firestone Suspends Botswana Diamond Mine on Weak Market
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Firestone Diamonds suspended operations at its BK11 mine in Botswana due to operational challenges and current weaknesses in the diamond market, the company reported. "We remain committed to the operations in Botswana and the program at BK11...
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Mining
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Feb 28, 2012
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Avi Krawitz
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Firestone Reports Strong Demand at Rough Tender
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Firestone Diamonds reported strong demand at its February rough diamond tender as it sold all the goods on offer. The company did not provide sales value or volume from the tender. ''Our recent diamond tender...
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Rough Markets
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Feb 07, 2012
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Avi Krawitz
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Firestone Revenues Exceed $2M
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Firestone Diamonds reported revenues of $2.5 million in the fiscal year that ended on June 30, 2011 after launching sales of rough diamonds from its Botswana and Lesotho mines. The company posted a loss of $2.3...
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Mining
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Nov 14, 2011
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Avi Krawitz
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Firestone's Sale Results Reflect Drop in the Market
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The rough diamond tender held by Firestone Diamonds in September fell below expectations as most of the goods on offer failed to meet reserve prices. The company offered 24,109 carats for sale from its two operating...
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Rough Markets
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Sep 14, 2011
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Avi Krawitz
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