News Results for Firestone Diamonds (FDI)

  • 12 Feb
    09:00
    Firestone Diamond recovers 70 carat white diamond from Liqhobong mine

    Firestone Diamond said Tuesday it had recovered a 70 carat white, makeable diamond from its Liqhobong Mine in Lesotho. This comes after a 46 carat gem diamond that was recovered in December, sold...

  • 04 Feb
    14:38
    Firestone Diamonds output slips after scrubber failure at Lesotho mine

    Firestone Diamonds said its output fell in the second quarter, though it stuck to its annual production guidance. The company, which mines gems at its Liqhobong mine in Lesotho, said it recovered...

  • 14 Dec
    09:33
    Firestone Diamond recovers 46 carat white gem

    Firestone Diamond said Friday it had recovered a 46 carat white, makeable diamond from its Liqhobong Mine in Lesotho. The stone was recovered undamaged and would go on sale at the next tender...

  • 29 Oct
    09:21
    Firestone Diamonds subsidiary Liqhobong posts higher sales volumes in Q1

    Firestone Diamonds said Monday its majority-owned subsidiary Liqhobong Diamond reported higher sales volumes that partly offset a lower-than-average sale of run-of-mine stones. The company said...

  • 20 Sep
    08:30
    Broker Forecast - Berenberg issues a broker note on Firestone Diamonds PLC

    Berenberg today initiates coverage of Firestone Diamonds PLC (LON:FDI) with a sell investment rating and price target of 3p. Story provided by StockMarketWire.com Broker Forecasts data provided...

  • 23 Jul
    14:28
    Firestone Diamonds boosts fourth-quarter revenue on higher output

    Firestone Diamonds said it generated 5.7% more revenue in its fiscal fourth quarter, compared to the third, after it produced more of the gems from its mine in Lesotho. Revenue for the three...

  • 27 Mar
    14:49
    Firestone Diamonds losses narrow on tax credit, mine startup

    Firestone Diamonds said first-half net losses narrowed after production commenced at its Liqhobong diamond mine in the southern African nation of Lesotho. The company booked a net loss of $7.8m...

  • 20 Dec
    13:06
    Firestone shareholders agree to proposed placing

    Firestone Diamonds has confirmed that all resolutions, in respect of its proposed placing, were passed by shareholders at today's General Meeting. At 1:06pm: (LON:FDI) Firestone Diamonds PLC...

  • 20 Dec
    07:37
    Firestone Diamonds extends option period to Amulet Diamond

    Firestone Diamonds agreed to extend the option period granted to Amulet Diamond to purchase Firestone's BK11 asset until 31 December 2018. BK11 is a diamond asset in Botswana, currently on care...

  • 01 Dec
    14:56
    Firestone proceeds with share placing

    Firestone Diamonds has confirmed that, following today's earlier announcement, 147,888,528 Firm Placing Shares have been conditionally placed at 10p per New Ordinary Share to raise gross proceeds...

  • 01 Dec
    07:15
    Firestone Diamonds pre-tax losses rise

    Firestone Diamonds' pre-tax losses rose to $130m in the year to the end of June - up from $9.0m in 2016 - following an impairment charge of $122.6m. The group also announced a potential...

  • 23 Oct
    07:59
    Liqhobong output very stable, says Firestone

    Firestone Diamonds said output at 75%-owned Liqhobong diamond mine was very stable in the three months to the end of September and it ended the quarter slightly above anticipated production...

  • 12 Oct
    11:40
    Broker Forecast - RBC Capital Markets issues a broker note on Firestone Diamonds PLC

    RBC Capital Markets today downgrades its investment rating on Firestone Diamonds PLC (LON:FDI) to sector performer (from outperform) and cut its price target to 19p (from 46p). Story provided by...

  • 09 Oct
    09:32
    Firestone appoints Nomad

    Firestone Diamonds has appointed Macquarie Capital (Europe) as the company's nominated adviser and sole corporate broker with immediate effect. At 9:32am: (LON:FDI) Firestone Diamonds PLC share...

  • 02 Oct
    10:00
    Broker Forecast - Macquarie issues a broker note on Firestone Diamonds PLC

    Macquarie today reaffirms its outperform investment rating on Firestone Diamonds PLC (LON:FDI) and cut its price target to 55p (from 60p). Story provided by StockMarketWire.com

  • 11 Sep
    09:30
    Broker Forecast - Panmure Gordon issues a broker note on Firestone Diamonds PLC

    Panmure Gordon today reaffirms its buy investment rating on Firestone Diamonds PLC (LON:FDI) and cut its price target to 38p (from 68p). Story provided by StockMarketWire.com

  • 06 Sep
    07:44
    Firestone update on ABSA debt facility

    Firestone Diamonds said that as part of its current review of its life of mine plan for the Liqhobong diamond mine, published 8 August, ABSA Bank Limited had extended the financial completion date...

  • 06 Sep
    07:10
    FLASH: Firestone update on ABSA debt facility

    Story provided by StockMarketWire.com

  • 30 Aug
    10:10
    Broker Forecast - Macquarie issues a broker note on Firestone Diamonds PLC

    Macquarie today reaffirms its outperform investment rating on Firestone Diamonds PLC (LON:FDI) and set its price target at 60p. Story provided by StockMarketWire.com

  • 08 Aug
    09:56
    Firestone lowers output guidance

    Firestone Diamonds has reduced its production guidance for the year to 30 June 2018 at its 75% owned Liqhobong diamond mine in Lesotho. The company issued the new guidance after starting a review...

  • 17 Jul
    07:50
    Firestone ends year with extremely strong quarter

    Firestone Diamonds finished its financial year with another extremely strong quarter. An update on activities at its 75%-owned Liqhobong diamond mine for the quarter ended June said that plant...

  • 17 Jul
    07:06
    FLASH: Firestone ends year with extremely strong quarter

    Story provided by StockMarketWire.com

  • 10 Jul
    14:23
    Firestone issues shares

    Firestone Diamonds said it has opted to issue 1,096,208 new shares in respect of the quarterly interest due on the its $30m Eurobond debt facility for the quarter ended 30 June 2017. At 2:23pm:...

  • 27 Apr
    13:30
    Broker Forecast - RBC Capital Markets issues a broker note on Firestone Diamonds PLC

    RBC Capital Markets today reaffirms its outperform investment rating on Firestone Diamonds PLC (LON:FDI) and raised its price target to 52p (from 51p). Story provided by StockMarketWire.com

  • 10 Apr
    13:13
    Firestone issues shares

    Firestone Diamonds has opted to issue 1,027,840 new ordinary shares in respect of the quarterly interest due on its Eurobond debt facility. As at 31 March 2017, Eurobonds amounting to $30.0m had...

  • 05 Apr
    07:26
    Firestone recovers its largest diamond at Liqhobong

    Firestone Diamonds has announced the recovery of its largest diamond to date, a 110 carat gem-quality light yellow diamond, during the ramp up phase at its Liqhobong diamond mine. The company said...

  • 05 Apr
    07:04
    FLASH: Firestone recovers 110 carat gem-quality diamond

    Story provided by StockMarketWire.com

  • 13 Feb
    07:36
    Firestone pleased with first Liqhobong auction results

    Firestone Diamonds' first sale of diamonds from its 75%-owned Liqhobong mine saw over 90 companies viewing the goods and more than 38 companies being successful. The company sold all of the...

  • 13 Feb
    07:07
    FLASH: Firestone pleased with Liqhobong auction results

    Story provided by StockMarketWire.com

  • 17 Nov
    13:40
    Broker Forecast - Panmure Gordon issues a broker note on Firestone Diamonds PLC

    Panmure Gordon today reaffirms its buy investment rating on Firestone Diamonds PLC (LON:FDI) and raised its price target to 68p (from 34p). Story provided by StockMarketWire.com

  • 01 Nov
    16:10
    Mining Roundup

    Edenville Energy (LON:EDL) says a technical assessment carried out by Sound Mining Solution (Pty) shows there is the potential to significantly increase the ultimate size of the Rukwa coal to power...

  • 01 Nov
    08:10
    Firestone posts FY profit after tax credits

    Firestone Diamonds swung into the black in the year to the end of June posting after-tax profits of $13.6m against a loss of $10.4m in 2015. This resulted from the recognition of tax credits of...

  • 01 Nov
    07:09
    FLASH: Firestone swings into profit

    Story provided by StockMarketWire.com

  • 24 Oct
    08:40
    Broker Forecast - Macquarie issues a broker note on Firestone Diamonds PLC

    Macquarie today reaffirms its outperform investment rating on Firestone Diamonds PLC (LON:FDI) and raised its price target to 60p (from 45p). Story provided by StockMarketWire.com

  • 21 Oct
    16:25
    Mining Roundup

    Mine-to-Metals specialist Jubilee Platinum (LON:JLP) has issued a quarterly performance, operational and financial update on behalf of its subsidiary, Jubilee Tailings Treatment Co, of its chrome...

  • 21 Oct
    07:42
    Firestone starts Liqhobong production ramp-up

    Firestone Diamonds has announced the recovery of the first diamonds at its Liqhobong mine as the project moves into the production ramp-up phase. The company says that Liqhobong has completed all...

  • 21 Oct
    07:05
    FLASH: Firestone starts Liqhobong production ramp-up

    Story provided by StockMarketWire.com

  • 13 Oct
    15:12
    Firestone Diamonds issues equity

    Firestone Diamonds said that, in accordance with the terms of the $30m Eurobond debt facility, it was issuing 993,560 new shares of 1p each for the quarterly interest due on the Eurobonds in the...

  • 06 Oct
    16:11
    Mining Roundup

    Firestone Diamonds (LON:FDI) has confirmed that all major construction activities are now complete at its Liqhobong diamond mine in Lesotho. Mining activities have started and commissioning of...

  • 06 Oct
    08:40
    Broker Forecast - finnCap issues a broker note on Firestone Diamonds PLC

    finnCap today reaffirms its buy investment rating on Firestone Diamonds PLC (LON:FDI) and raised its price target to 63p (from 52p). Story provided by StockMarketWire.com

  • 06 Oct
    07:25
    Firestone's Liqhobong enters final commissioning

    Firestone Diamonds has confirmed that all major construction activities are now complete at its Liqhobong diamond mine in Lesotho. Mining activities have started and commissioning of the...

  • 06 Oct
    07:06
    FLASH: Firestone's Liqhobong enters final commissioning

    Story provided by StockMarketWire.com

  • 12 Sep
    16:14
    Mining Roundup

    Churchill Mining's (LON:CHL) shares fell after it announced that the International Centre for the Settlement of Investment Disputes' tribunal decision on document authenticity in the company's...

  • 12 Sep
    07:47
    Firestone sale of Botswana ops collapses

    Firestone Diamonds' sale of its Botswana operations to Tango Mining will not go ahead. Firestone says it has been informed by Tango Mining that it has not been able to meet the conditions of the...

  • 12 Sep
    07:06
    FLASH: Firestone updates on sale of Botswana operations

    Story provided by StockMarketWire.com

  • 09 Sep
    09:50
    Broker Forecast - finnCap issues a broker note on Firestone Diamonds PLC

    finnCap today reaffirms its buy investment rating on Firestone Diamonds PLC (LON:FDI) and raised its price target to 52p (from 51p). Story provided by StockMarketWire.com

  • 30 Aug
    16:13
    Firestone Diamonds agrees to extension

    Firestone Diamonds says has agreed to extend the date by when all conditions for the sale of its Botswana operations to Tango Mining must be satisfied. This extension is to enable Tango Mining to...

  • 30 Aug
    16:10
    Mining Roundup

    Amur Minerals Corporation (LON:AMC) was one of only nine sector risers after it announced positive results derived from bench scale flotation metallurgical test work on its Kubuk and Maly...

  • 29 Jul
    15:01
    Mining roundup

    Sierra Rutile (SRX) confirmed a 36p per share takeover approach from Iluka Resources. Discussions are said to be at an advanced stage, but there can be no certainty that an offer will be made or...

  • 29 Jul
    07:16
    Firestone Diamonds agrees to extension

    Firestone Diamonds agreed to extend the date by when all conditions for the disposal of the company's Botswana operations to Tango Mining must be satisfied. As announced on 9 July 2015, the...

  • 20 Jul
    14:56
    Mining roundup

    Anglo American (AAL) fell 10% to 731.61p after missing forecasts for quarterly copper, iron ore and met coal production. It also downgraded guidance for copper production. *** BHP Billiton's...

  • 20 Jul
    08:37
    Firestone Diamonds ahead of target for Liqhobong diamond mine

    Firestone Diamonds (FDI) released an update on construction activities at its Liqhobong diamond mine as at the end of June 2016. Liqhobong is owned 75% by Firestone and 25% by the government of...

  • 12 Jul
    13:50
    Broker Forecast - Macquarie issues a broker note on Firestone Diamonds PLC

    Macquarie today upgrades its investment rating on Firestone Diamonds PLC (LON:FDI) to outperform (from neutral) and set its price target at 45p. Story provided by StockMarketWire.com

  • 15 Apr
    12:00
    Broker Forecast - Panmure Gordon issues a broker note on Firestone Diamonds PLC

    Panmure Gordon today reaffirms its buy investment rating on Firestone Diamonds PLC (LON:FDI) and raised its price target to 34p (from 27p). Story provided by StockMarketWire.com

  • 14 Apr
    15:48
    Mining Roundup

    Weatherly International's (LON:WTI) shares jumped after it reported quarterly production of 4,442 tonnes of copper cathode at its Tschudi copper asset in Namibia - 4% above its nameplate rate of...

  • 14 Apr
    15:45
    Firestone sees strong progress at Liqhobong mine

    Firestone Diamonds reports strong progress at its 75%-owned Liqhobong diamond mine which is on track for initial production in the fourth quarter of this year. Firestone said construction was 72%...

  • 14 Apr
    07:22
    FLASH: Firestone update on Liqhobong mine

    Story provided by StockMarketWire.com

  • 08 Apr
    14:39
    FDI issues shares in lieu of interest

    Firestone Diamonds (FDI) has announced that, in accordance with the terms of the USD30.0 million Eurobond debt facility, it has opted to issue 1,569,914 new ordinary shares of 1 pence each in...

  • 06 Apr
    15:57
    Mining Roundup

    Botswana Diamonds' (LON:BOD) shares soared after it confirmed that the 2016 drill programme had begun. The first large diameter reverse circulation hole on kimberlite AK21 on PL 260 in Orapa...

  • 06 Apr
    07:39
    Firestone extension on sale of Botswana ops

    Firestone Diamonds has agreed to extend the date by when all conditions for the disposal of the company's Botswana operations to Tango Mining Limited must be satisfied. This extension is to enable...

  • 06 Apr
    07:03
    FLASH: Firestone update on sale of Botswana operations

    Story provided by StockMarketWire.com

  • 16 Mar
    15:52
    Mining Roundup

    Firestone Diamonds (LON:FDI) was one of the sector's biggest risers after confirming that development of the Liqhobong diamond mine is on budget and on target to achieve first production during the...

  • 16 Mar
    07:30
    Firestone losses rise

    Firestone Diamonds posts a loss of USD4.6 million for the six months to the end of December - up from USD4.4 million last time. The group says the Liqhobong diamond mine project was 61% complete...

  • 16 Mar
    07:09
    FLASH: Firestone losses rise

    Story provided by StockMarketWire.com

  • 10 Mar
    10:00
    Broker Forecast - RBC Capital Markets issues a broker note on Firestone Diamonds PLC

    RBC Capital Markets today reaffirms its sector performer investment rating on Firestone Diamonds PLC (LON:FDI) and cut its price target to 35p (from 40p). Story provided by StockMarketWire.com

  • 16 Feb
    16:10
    Broker Forecast - finnCap issues a broker note on Firestone Diamonds PLC

    finnCap today reaffirms its buy investment rating on Firestone Diamonds PLC (LON:FDI) and cut its price target to 51p (from 61p). Story provided by StockMarketWire.com

  • 09 Feb
    15:48
    Mining Roundup

    Trans-Siberian Gold (LON:TSG) was the sector's biggest riser - up by more than 36% in late trading. Earlier in the afternoon, the company issued a short statement in which the board noted the...

  • 09 Feb
    08:08
    Firestone sees excellent progress at Liqhobong

    Firestone Diamonds says it continues to make excellent progress at Liqhobong diamond mine and the project was 65% complete at the end of January. This is in line with the revised schedule...

  • 09 Feb
    07:09
    FLASH: Firestone sees excellent progress at Liqhobong

    Story provided by StockMarketWire.com

  • 02 Feb
    09:20
    Broker Forecast - SP Angel issues a broker note on Firestone Diamonds PLC

    SP Angel today reaffirms its buy investment rating on Firestone Diamonds PLC (LON:FDI) and cut its price target to 28p (from 42p). Story provided by StockMarketWire.com

  • 25 Jan
    16:30
    Broker Forecast - SP Angel issues a broker note on Firestone Diamonds PLC

    SP Angel today reaffirms its buy investment rating on Firestone Diamonds PLC (LON:FDI) and cut its price target to 28p (from 42p). Story provided by StockMarketWire.com

  • 25 Jan
    16:15
    Mining Roundup

    Petra Diamonds' (LON:PDL) shares were down in late trading following a trading update for the six months to 31 December revealed that revenues were down despite an increase in output. HIGHLIGHTS...

  • 25 Jan
    13:11
    Firestone sees good progress at Liqhobong project

    Firestone Diamonds made good progress on the Liqhobong diamond mine in the three months to the end of December and this has continued into 2016. The late start to the summer rainfall season...

  • 25 Jan
    07:08
    FLASH: Firestone update on Liqhobong mine

    Story provided by StockMarketWire.com

  • 14 Jan
    15:56
    Mining Roundup

    Anglo Asian Mining's (LON:AAZ) shares rose after reporting a significant growth for its flagship Gedabek mine in Azerbaijan in 2015. Gold production for Q4 totalled 17,930 ounces with 12,996...

  • 14 Jan
    15:33
    Firestone Diamonds shares issue

    Firestone Diamonds has issued 1,569,224 new ordinary shares in respect of the quarterly interest due on the USD30.0 million eurobond debt facility. As at 31 December, eurobonds amounting to...

  • 02 Dec
    16:04
    Mining Roundup

    Red Rock Resources (LON:RRR) was the sector's biggest riser in late trading after it partially disposed of its holding in its Australian associate Star Striker Ltd, formerly Resource Star Ltd. A...

  • 02 Dec
    11:32
    Resolutions passed at Firestone AGM

    Firestone Diamonds has announced that all resolutions proposed to shareholders at the Annual General Meeting of the Company held earlier today were duly passed. At 11:32am: (LON:FDI) Firestone...

  • 30 Nov
    09:35
    Director Deals - Firestone Diamonds PLC (FDI)

    Keith Johnson, Non Executive Director, bought 197,997 shares in the company on the 26th November 2015 at a price of 18.00p. The Director now holds 282,997 shares. Story provided by...

  • 23 Nov
    17:25
    Director Deals - Firestone Diamonds PLC (FDI)

    Keith Johnson, Non Executive Director, bought 85,000 shares in the company on the 20th November 2015 at a price of 16.88p. The Director now holds 85,000 shares. Story provided by...

  • 06 Oct
    16:06
    Mining Roundup

    Aquarius Platinum's (LON:AQP) shares jumped after its board agreed a $0.195 a share offer from Sibanye. The offer is at a 60.3% premium to Aquarius's closing price of £0.08 yesterday and 71.4% to...

  • 06 Oct
    07:38
    Firestone losses narrow

    Firestone Diamonds' net losses narrowed in the year to the end of June and the Liqhobong mine remains on track for initial production in the fourth quarter of 2016. Liqhobong is owned 75% by...

  • 06 Oct
    07:09
    FLASH: Firestone losses narrow

    Story provided by StockMarketWire.com

  • 02 Oct
    15:40
    Mining Sector Roundup

    Paragon Diamonds Ltd (PRG) has signed a non-binding term sheet to secure a $15m funding package with Acrux Resources Proprietary Ltd. Extensive due diligence has been undertaken and all that...

  • 02 Oct
    13:16
    Firestone updates on sale of Botswana operations

    Firestone Diamonds (FDI) has announced that Tango Mining has informed the Company that it has not been able to pay US$0.3 million into escrow as a deposit for the acquisition of FDI's Botswana...

  • 09 Jul
    07:35
    Firestone to sell Botswana operations

    Firestone Diamonds has entered into a conditional agreement for the disposal of its Botswana operations, including its interest in the BK11 mine, to Tango Mining Limited for a total consideration...

  • 09 Jul
    07:14
    FLASH: Firestone sells Botswana operations

    Story provided by StockMarketWire.com

  • 23 Jun
    16:11
    Mining Roundup

    GoldStone (LON:GRL) was one of the sector's biggest fallers after posting a pre-tax loss of £1.2m for the 10 months to the end of December compared with £1.7m in the year to the end of February...

  • 23 Jun
    09:02
    Firestone update on Liqhobong project

    Initial output from Firestone Diamonds' Liqhobong mine has been put back and is now expected to start in the fourth quarter of next year. Previously, production was anticipated to begin at the end...

  • 23 Jun
    07:19
    FLASH: Firestone update on Liqhobong project

    Story provided by StockMarketWire.com

  • 01 May
    07:46
    New director at Firestone Diamonds

    Firestone Diamonds, the AIM-quoted diamond development company, has announced the appointment of Keith Johnson as a non-executive Director. Mr Johnson joins the Board as the nominated...

  • 24 Apr
    15:52
    Mining Roundup

    Avocet Mining's (LON:AVM) shares were down in late trading after agreeing terms with its largest shareholder, Elliott Management, for, in total, US$2.1m of loan funding repayable on demand. The...

  • 24 Apr
    08:23
    Firestone agrees $15m standby debt facility

    Firestone Diamonds has agreed, subject to shareholder approval, a $15.0m standby debt facility with Resource Capital Fund VI LP to satisfy one of the remaining conditions to the drawdown of the...

  • 24 Apr
    07:16
    FLASH: Firestone agrees $15m standby debt facility

    Story provided by StockMarketWire.com

  • 12 Mar
    07:52
    Firestone losses narrow

    Firestone Diamonds posts a loss of $4.4m for the six months to the end of December - down from $7.7m last time. The group said the Liqhobong mine development project in Lesotho began in late June...

  • 12 Mar
    07:16
    FLASH: Firestone losses narrow

    Story provided by StockMarketWire.com

  • 02 Dec
    16:06
    Mining Roundup

    SolGold (LON:SOLG) was the sector's biggest riser after it reported high-grade assay results from Hole 9 at the Cascabel copper-gold project in northern Ecuador. "Not only are the results high...

  • 02 Dec
    08:29
    Liqhobong project on time and on budget, says Firestone

    Firestone Diamonds has issued an update on the Liqhobong mine development project which confirms that it is currently on time and on budget. The project, which commenced in June, is expected to...

  • 02 Dec
    07:13
    FLASH: Firestone update on Liqhobong mine development

    Story provided by StockMarketWire.com

  • 26 Nov
    15:49
    Firestone Diamonds AGM results

    AIM listed Firestone Diamonds has announced that all resolutions proposed to the shareholders at the Annual General Meeting of the Company held early today were duly passed. At 3:49pm:...

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