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200.50p +7.00p Icon indicating positive change
09 May 2008
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An emerging force in diamond mining and exploration. Alluvial diamond in South Africa. Exceptional exploration potential in Botswana and South Africa

Our Strategy and Objectives

Firestone Diamonds plc is a UK-based international diamond mining and exploration company with operations in Botswana and South Africa. Firestone's objective is to become a leading mid-tier diamond producer.

Firestone's strategy is to use cash flow from alluvial mining operations in South Africa to finance exploration projects in established diamond producing areas with the potential for large scale economic diamond deposits. Firestone's key competitive advantage is its highly prospective portfolio of exploration projects in Botswana, which is the world's largest producer of diamonds. The company is the largest holder of exploration rights around the major Orapa and Jwaneng mines, and controls the entire Tsabong kimberlite field, which is one of the largest diamondiferous kimberlite fields in the world.



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