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Mining

Charles Stanley says DiamondCorp's share price underestimates Lace Mine's potential

Charles Stanley has initiated coverage on DiamondCorp with an ‘add’ recommendation and an 11.5 pence price target – which is almost double the current share price....

on 18/11/11
Mining

Diamond sector to benefit from Anglo American’s $5 bln De Beers deal, says Northland

Today’s US$5.1 billion deal should increase the level of professionalism in the diamond industry, according to analysts at Northland Capital. This could potentially benefit other companies in the sector, the broker said....

on 4/11/11
Mining

Firestone Diamonds’ Kenny remains confident despite disappointing diamond sales

In an interview with Proactive Investors, Firestone chairman Phillip Kenny stressed that the disappointing outcome of the August auction was merely a case of bad timing, rather than a return to the dark days of the 2008 financial crisis, in which the diamond market ground to a complete halt....

on 19/9/11
Mining

Firestone Diamonds cheers with Liqhobong diamond success

Firestone Diamonds (LON:FDI) attracted favourable broker comment today after it revealed it had recovered high quality diamonds from its Liqhobong mine in Lesotho. Northland, for one, believes the Firestone story is looking increasingly attractive....

on 20/7/11
Mining

Firestone Diamonds celebrates its Liqhobong mine in Lesotho

Firestone Diamonds said today that recent diamond sales and grade findings underlined its belief that its Liqhobong mine was one of the "most attractive diamond kimberlites" being developed in the industry...

on 5/7/11
Mining

Firestone Diamonds reports strong results from diamond sale in Botswana

Firestone Diamonds has completed its second sale this year in Gaborone, Botswana, and achieved a 42 percent rise in value for its diamonds compared to the previous tender in April....

on 5/7/11