Firestone Diamonds Will Recover 1.2 Million Tons From Lesotho

Mining Weekly reported Firestone Diamonds (LSE:FDI) may recover up to 1.2 million tons from its Lesotho mine.

As quoted in the market news:

The company said production at Liqhobong could start in 2015 and that the mine would operate for 15 years.

The study has estimated capital expenditure of $167-million for the plant and associated infrastructure. It is envisaged that the plant and infrastructure will be completed in about 24 months, with commissioning expected in the second half of 2015.

Click here to read the full Mining Weekly report.