Firestone to wrap up BK11 sale in 2015

BK 1 mine
BK 1 mine

Aim-listed Firestone Diamonds plans to conclude the disposal of BK11 mine in Boteti next year. This will allow the company’s management to focus on the successful completion of the Liqhobong mine development project in Lesotho.

Firestone started the development programme on the Liqhobong mine in late June after completing the project financing in May.

“As previously communicated to shareholders, the Board is considering various strategic alternatives for its Botswana operations and exploration portfolio, and commenced a formal disposal process in August 2014.  We hope to conclude this process in 2015, thus allowing the management team to completely focus their attention on the successful completion of the Liqhobong Mine Development Project,” the company announced yesterday in a commentary.

Editor's Comment
Stakeholders must step up veggie supply

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