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Diamonds & gemstones
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Stellar Diamonds: stepping up production, development and exploration in West Africa
The group is a highly ambitious newcomer whose goal is to also pursue regional consolidation opportunities and emerge as the leading integrated diamond miner in West Africa.
Firestone Diamonds in recommended takeover of Kopane Diamonds
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.
Firestone Diamonds starts commercial production at BK11
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.
Stellar Diamonds sees further boost to production profile in second half 2010
Stellar stated that its immediate focus is to increase production and revenue from two existing mines, which will provide a strong financial platform to deliver growth through development of its other key projects