LEADERSHIP

The diamond underdog delivers

Firestone Diamonds (LN:FDI) is making a habit of defying the odds. It raised the cash to build its 75%-owned Liqhobong mine in Lesotho amid a market-wide slump, reached commercial production within eight months of start-up and has recovered 112 special stones (10.8 carat-plus) in the mine’s initial stages.

Firestone needs time to deliver on its large-stone strategy, Stuart Brown says

Firestone needs time to deliver on its large-stone strategy, Stuart Brown says

Even with a guidance downgrade of 800,000-850,000ct for the year to June 30, 2018, announced, down from a previous estimate of 1 million carats, the company has achieved what many thought was not possible....

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