Diamond – Firestone Diamonds plc (LSE:FDI) released an updated definitive feasibility study for its Lesotho-based Liqhobong diamond mine, noting that the study "confirms strong base case project economics." If anticipated revenue from large stones over 100 carats is included, there is "significant upside potential."
Articles Tagged "lesotho"
Diamond – Firestone Diamonds plc (LSE:FDI) provided an update on the potential diamond value at its Lesotho-based Liqhobong mine, commenting that the base average diamond price, excluding potential large stones, has risen to US$107 per carat, while the upside price, including large stones greater than 100 carats, now sits at potentially US$156 per carat.
Diamond – Gem Diamonds Ltd. (LSE:GEMD) announced that it has recovered a 12.47-carat blue diamond, as well as an 83.8-carat white diamond, from its Lesotho-based Letšeng mine.
Diamond – Gem Diamonds Ltd. (LSE:GEMD) provided a revised resource and reserve statement, noting that its gross resource, including reserves, totals 25.8 million carats grading an average of 6.3 carats per 100 tonnes at an average diamond price of US$625 per carat.
Diamond – Gem Diamonds Ltd. (LSE:GEMD) announced that it has recovered a third 100-carat diamond from its Lesotho-based Letšeng mine. The white, type IIa diamond was found on June 22.
Diamond – Gem Diamonds Ltd. (LSE:GEMD) announced that an "exceptional quality 164 carat D colour, Type IIa diamond" recovered at the end of last month from its Lesotho-based Letšeng mine has been sold into a profit-sharing agreement for US$9 million.
Diamond – Paragon Diamonds Ltd. (LSE:PRG) announced its unaudited preliminary results for the year ended December 31, 2012, commenting that it achieved a number of key objectives, including the establishment of a 1-million-carat resource at its Motete Dyke project.
Diamond – William Lamb, president and CEO of Lucara Diamond, discusses the Kimberley Process, the challenges of being a diamond junior and his company's projects in Botswana and Lesotho in a video interview with INN Senior Editor Andrew Topf.
Diamond – A brief overview of diamond price developments, supply and demand and significant market movers.
Diamond – Mining Weekly reported Paragon Diamonds (LSE:PRG) on Friday reported micro-diamond grades at its Motete dyke project, in Lesotho.