Firestone Diamonds beginning to ramp up production of diamonds belonging to her 75% of the project Likhobong (Liqhobong) in Lesotho after the completion of all the main stages of its construction.
It is planned that Likhobong will process 3.6 million tons of ore per year, or 500 tons of rock per hour and produce up to one million carats of diamonds annually, but production capacity will take about six months.
Diamonds that have found to date, of the stocks lower category, which were sent for processing, the company said.
Diamond junior company said that the end of September the project was completed by 98%, and its development is ahead of schedule.
The remaining 2% of the construction work related to the residual, which will not affect the efficiency of production, and they will be completed before the end of the year.
Stuart Brown (Stuart Brown), CEO of Firestone Diamonds, commented: "It is extremely exciting to reach the end of the construction phase and start the next chapter of a diamond mine Likhobong Our company has become one of the diamond producers, which produce more than 1 million carats a year.".
"Discovered in the 1950s, diamond deposit is on the threshold of entry into the stage of industrial production. I thank our team for the construction of the project ahead of schedule and with the achievement of target of three million man-hours without any loss of time and work-related injuries. This is a truly remarkable achievement" , - he added.
Firestone is still intends to produce 380,000 - 450,000 carats in the financial year that ended in June 2017.
The company is expected to hold its first sale of diamonds in Antwerp in January next year, and they will be completed in February.
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