The diamond market has been dealt a blow by the recent economic turmoil. However now’s not the time to hit the panic button, according to Firestone Diamonds ( LON:FDI ) chairman Phillip Kenny.
Firestone Diamonds (FDI) reported exceptional diamonds sales results from its second sale of the year in Gaborone, Botswana. The AIM-quoted diamond miner sold a total of 14,248 carats for $2 million (£1.2 million) – an increase of 42% in value from its April tender.
Orezone Gold Corporation (ORE:TSX) is pleased to announce that it has completed the sale of its Sega Gold Project ("Sega") in Burkina Faso to Cluff Gold plc (Cluff) for total consideration of approximately US$26.5M.