09/03/11
Investors may need to look more closely at growth prospects at a company level rather than relying on the momentum of the sparkling diamond price rally. City firm Panmure Gordon reckons diamond prices are due a pause, so it's time to look out for company-specific drivers. Panmure's Alison Turner upgraded Gem Diamonds to 'buy' and here we take a forensic look at some of the market's other players in the diamond sector.
21/07/10
Firestone has emerged as a surprise bidder for rival Kopane. Kopane’s board has unanimously recommended the all-paper deal that values the shares at 17 pence each, or £51 million.
12/07/10
The group has reached a major milestone, and work at the kimberlite in Botswana is on target to reach the planned 1.4 tonnes per year capacity by the fourth quarter of 2010.
25/03/10
Firestone’s BK11 will shortly join Orapa, Damtshaa and Letlhakane as Botswana’s fourth operating diamond mine
01/02/10
Firestone Diamonds looks to be in an excellent position, with its first kimberlite diamond mine due to come on stream as the diamond market - in particular for rough stones - looks to be moving back up again quite sharply.
