Firestone holds ‘milestone’ inaugural tender

Mmegi Online reports that Firestone Diamonds (LON:FDI) made history this week by being the second miner in 43 years to produce diamonds locally, outside of the DeBeers system.

The story is quoted as saying:

On Monday, Firestone Diamonds – which started production at its BK11 Mine in July – launched its landmark tender, selling production from its Botswana and Lesotho mines. The tender, which is being conducted at the Firestone offices at the Diamond Technology Park in Gaborone, will close on December 9. Government, through the Diamond Hub, is actively promoting Botswana as an international trading hub for diamonds, with the eventual target of seeing all diamonds produced in Botswana sold in the country either by open tender or through DTC, which is supposed to relocate its aggregation operation to Gaborone.

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