Firestone Planning to Sell Diamonds in Antwerp

In a recent interview with Bloomberg, Stuart Brown, CEO of Firestone Diamonds plc (LSE:FDI), said that his company plans to sell stones from its Lesotho-based Liqhobong mine in Antwerp.

As quoted in the market news:

‘Antwerp is probably where we go first,’ Chief Executive Officer Stuart Brown said in an interview in London yesterday. ‘We can see the most people in the shortest period of time there.’

The commitment to Antwerp will be a fillip for the city that handles about four-fifths of the world’s rough diamonds. Antwerp is battling to retain its primacy as the world’s biggest trading hub for the stones in the face of rising competition from Dubai and Mumbai.

Click here to read the full Bloomberg report.