Firestone increases guidance as Liqhobong throughput rises

Firestone Diamonds now expects to recover around 360 000 ct of diamonds in the financial year ending June 30, against April’s guidance of 300 000 ct, owing to operational ramp-up at its Liqhobong mine, in Lesotho, achieving nameplate throughput capacity on multiple occasions since the start of operations. The Aim-listed diamond miner has also started quarterly repayments under the terms of its $82.4-million Absa debt facility and made its first capital ...