Firestone completes inaugural diamond tender

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The inaugural diamond tender of Firestone Diamonds closed successfully last week at the Diamond Technology Park with the company selling over 14 million carats worth approximately P10.5 million.

The tender ran from 29 November to 9 December 2010, and was attended by more than 30 diamond buyers from Belgium, Israel, India, Russia and southern Africa.

The diamonds sold at the tender were from its BK11 Mine in Botswana and Liqhobong Mine in Lesotho. "The company sold a total of 14, 673 carats by tender at the Diamond Technology Park in Botswana for total proceeds of US$1.6m," the company says in a statement.

Editor's Comment
Women unite for progress

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