Firestone poised to become a bigger diamond producer

Botswana's newest diamond miner Firestone Diamonds published its preliminary results this week in which it announced reduced full year losses and said it was confident of reaching the target of producing 1m carats per annum by 2014.

The group, which started production at its BK11 mine in Orapa four months ago, said losses before tax narrowed to P25 million (£2.4m) for the year ended 30 June 2010 from a loss of P114 million (£10.8m) a year earlier.

Revenue fell to £3,000 from £4m earlier.

Editor's Comment
Stakeholders must step up veggie supply

The Ministry of Agriculture, local producers, retailers, and industry associations must work together to overcome the obstacles hindering vegetable production and distribution.This collaborative approach is essential to improve the availability, quality, and affordability of vegetables in the market.Firstly, the Ministry of Agriculture should provide support and guidance to local farmers to enhance their productivity and efficiency. This could...

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