Philip Kenny, CEO of Firestone Diamonds, commented: “The successful completion of our first tender is a major milestone for Firestone and marks the completion of our transition into one of only three listed junior kimberlite producers worldwide. We are very pleased that the prices achieved for both Liqhobong and BK11 production were higher than expected, and we believe that further price increases will be achieved for production from both of these mines in 2011.”
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