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Our vision and strategy
Transforming Firestone Diamonds into an efficient mid-tier diamond producer
Firestone’s vision is to become a mid-tier diamond producer and preferred and trusted partner of choice by all of its stakeholders and local communities alike.
The Company’s current focus is to bring the prized Liqhobong Diamond Mine into commercial production. This entails the delivery of up to 1 million carats per annum. Firestone commenced production ramp-up in October 2016, having completed construction activities.
Firestone’s secondary focus is to maximise the return for shareholders from the BK11 mine in Botswana.
Firestone’s strategy to become a mid-tier diamond producer, producing up to 1 million carats a year, is based on:
– African operating experience
We have a strong team of highly experienced industry executives who have worked extensively in Africa and have an in-depth understanding of project execution, diamond mining and the sector.
– Skills development
We create in-country skills and capacity through careful recruitment of citizen employees who are then trained and deployed in front-line positions, thereby realising the skills transfer requirements for our partner, the Government of Lesotho.
– Trusted expertise
By demonstrating that our actions mirror our words, we will become a preferred investment vehicle for investors and partners in Africa.
– High quality management
The formation of a highly skilled and experienced management team, which is able to execute mine construction projects and operate mines to ensure the Company’s planned returns are realised for all stakeholders.