Firestone Liqhobong Shutdown Extended

Mining and Exploration
21/07/2020 08:14

Firestone Diamonds is extending the temporary closure of the Liqhobong mine in Lesotho, until April 2021 or until the market improves. Firestone slashed salaries and has let go most of the workers operating at the mine, which is Firestone's main asset. The company's BK11 operation in Orapa region Botswana, has been under care and maintenance for several years. According to Rapaport, Firestone will be tendering 64.700ct of rough inventory in phases, as the market recovers.