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Newsroom Full Article

215-ct Diamond is Biggest in Liqhobong's History

March 06, 24 by John Jeffay

(IDEX Online) - Firestone Diamonds is in the process of selling the largest diamond ever recovered from its Liqhobong mine, in Lesotho.

The 215-carat stone is being put to a competitive bidding tender process, with viewings in Antwerp and Dubai.

"This sale represents another milestone in our ongoing efforts to deliver value to stakeholders," said Firestone in a statement today (6 March).

Liqhobong, located 2,600 meters above sea level in the highlands of Lesotho, began production in 2017.

The mine closed in October 2022 for two-and-a-half years in response to a lockdown imposed by South Africa, which surrounds the landlocked kingdom.  

UK-based Firestone reported Q4 revenue last year of $12.6m, down almost 40 per cent on the previous quarter.

Pic courtesy Firestone.

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