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Firestone Diamonds

Firestone Diamonds PLC chief expects production from Liqhobong by year’s end

The second half of 2015 saw substantial development at Firestone Diamonds PLC’s (LON:FDI) Liqhobong project, which remains on budget and on target to achieve first production during the fourth quarter of this year.

Chief executive Stuart Brown tells Proactive that the site was 61% complete in 2015 and by the end of February it was around 68% finished with production expected by the end of this year.

“Everyone is focused on getting this finished properly, to a good quality, and making sure that it will last for the duration of the project,” he says, adding that Firestone should be full funded to see the project to production.

Quick facts: Firestone Diamonds

Price: £0.01

Market: AIM
Market Cap: £5.66 m
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