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Firestone Diamonds and Kopane makes great fit - Mineweb

Author: Lawrence Williams, Mineweb.com In a special presentation yesterday in London to investors and to Mineweb, Firestone Diamonds CEO Philip Kenny put forward his personal views, and those of his...

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Philip Kenny, CEO of Firestone Diamonds, says a successful bid for Kopane...

Philip Kenny, CEO of Firestone Diamonds, sees a return for investors “in the coming quarters”. The hoped for completion of the recommended offer to buy Kopane Diamond will give a more compelling...

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Firestone Diamonds shares boosted by better-than-expected production at BK11...

Firestone Diamonds' (LON:FDI) shares have jumped over 15% following an upbeat statement, ahead of tomorrow’s general meeting.The company highlighted that it has made significant progress with the...

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Firestone Diamonds' Shareholders approve Kopane Takeover

Firestone Diamonds' (LON:FDI) takeover of Kopane Diamond Developments (LON:KDD) took another step forward this afternoon, after the company’s shareholders approved the deal.At a general meeting in...

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Kopane Diamond’s shareholders vote in favour of Firestone combination

The combination of Firestone Diamonds (LON:FDI) and Kopane Diamond Development (LON:KDD) is set to go ahead after Kopane shareholders voted in favour of the deal earlier today. The news follows...

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Firestone Diamonds prospects 'better than ever' after transformational 2010

Firestone Diamonds (LON:FDI) today released its progress report for the “transformational” year to 30 June, during which it made key decisions that made its prospects “brighter than at any time in...

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Firestone Diamonds raising £13 mln to fast-track Liqhobong mine in Lesotho

Firestone Diamonds PLC (LON:FDI) is raising £13 million to enable accelerated development of the Main Pipe at the recently acquired Liqhobong mine in Lesotho.It has conditionally placed 52 million...

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Firestone Diamonds makes US$1.6 mln in first diamond tender in Botswana

Firestone Diamonds (LON:FDI) announced the successful completion of its first diamond tender held at its new sales office in Botswana, selling a total 14,673 carats for proceeds of US$1.6 million. The...

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Firestone Diamonds to recommence production at Liqhobong ahead of schedule

Firestone Diamonds (LON:FDI) has made what it called “good progress” at its Liqhobong mine in Lesotho, expecting production to recommence ahead of schedule in February 2011.Investors welcomed the...

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Diamonds are forever but the rally might not be; time to look beyond the price?

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...

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Firestone Diamonds very well positioned to become significant producer in...

Firestone Diamonds (LON:FDI) is now very well positioned to become a significant diamond producer in 2011, according to chief executive Tim Wilkes.The company hopes to be producing 1 million carats a...

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Firestone Diamonds chairman Kenny reflects on most significant period in...

The last six months of 2010 were probably the most significant in Firestone Diamonds' (LON:FDI) history, according to chairman Philip Kenny.This morning the AIM-listed African diamond producer...

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Firestone shares sparkle after auction reveals strong demand for its stones

Firestone Diamonds (LON:FDI) this morning declared itself “very satisfied” with the recent diamond tender held in Gaborone, Botswana, where it completed the sale of 7,111 carats, netting US$1.4 million...

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UPDATE: Firestone shares sparkle after auction reveals strong demand for its...

(Updating with comments from Fairfax) Firestone Diamonds (LON:FDI) this morning declared itself “very satisfied” with the recent diamond tender held in Gaborone, Botswana, where it completed the sale...

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Firestone Diamonds appoints Angus Ogilvie as finance director

AIM-listed Firestone Diamonds (LON:FDI) has a new finance director in Angus Ogilvie, the firm announced today.Ogilvie - an associate of the Chartered Institute of Management Accountants (UK) - has 13...

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UPDATE: Firestone Diamonds says Liqhobong will soon become a large scale and...

UPDATE: Adds comments from Northland CapitalFirestone Diamonds (LON:FDI) expects the Liqhobong mine, in Lesotho, will soon become a large scale and profitable operation. This morning the AIM-listed...

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Tim Wilkes at Firestone Diamonds says margins have grown substantially

Tim Wilkes, CEO at Firestone Diamonds (LON:FDI), tells Proactive Investors that the absorption of the business of Kopane last year has enabled Firestone to significantly increase margins. Tim says that...

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Firestone Diamonds starts trading on Botswana stock exchange

Firestone Diamonds PLC (LON:FDI) said it has satisfied all of the requirements for a second listing on the Botswana Stock Exchange's Venture Capital Board (VCB).  Firestone's shares are expected to...

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Northland Capital remains bullish on diamond sector

Broker Northland has reiterated its bullish stance on the diamond sector following an upbeat assessment of the outlook for the market by industry experts and players, including Firestone Diamonds...

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Firestone Diamonds names Paul Sobie non-executive director

Mining and exploration company Firestone Diamonds PLC (LON:FDI) has appointed Paul Sobie to its board as non-executive director with immediate effect.Sobie is an economic geologist specialising in the...

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