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Firestone Diamond Mining
Firestone Diamonds plc is an AIM-listed United Kingdom-based company, operating in Lesotho and Botswana. In May 2018, the firm announced the appointment of Paul Bosma as CEO slated to succeed Stuart Brown on 1 July 2018. "Liqhobong GM to succeed Brown as CEO of Firestone Diamonds", ''Mining Weekly'', 14 May 2018. Retrieved 14 May 2018. Liqhobong Mine, Lesotho The Lighobong diamond mine ('Liqhobong' or the 'Project') in Lesotho is Firestone's principal asset, and was acquired as a result of the acquisition of Kopane Diamond Developments plc in September 2010. Liqhobong is located at the head of the Liqhobong Valley in the |
Pound Sterling
Sterling (abbreviation: stg; Other spelling styles, such as STG and Stg, are also seen. ISO code: GBP) is the currency of the United Kingdom and nine of its associated territories. The pound ( sign: £) is the main unit of sterling, and the word "pound" is also used to refer to the British currency generally, often qualified in international contexts as the British pound or the pound sterling. Sterling is the world's oldest currency that is still in use and that has been in continuous use since its inception. It is currently the fourth most-traded currency in the foreign exchange market, after the United States dollar, the euro, and the Japanese yen. Together with those three currencies and Renminbi, it forms the basket of currencies which calculate the value of IMF special drawing rights. As of mid-2021, sterling is also the fourth most-held reserve currency in global reserves. The Bank of England is the central bank for sterling, issuing its own banknotes, and ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Alternative Investment Market
AIM (formerly the Alternative Investment Market) is a sub-market of the London Stock Exchange that was launched on 19 June 1995 as a replacement to the previous Unlisted Securities Market (USM) that had been in operation since 1980. It allows companies that are smaller, less-developed, or want/need a more flexible approach to governance to float shares with a more flexible regulatory system than is applicable on the main market. At launch, AIM comprised only 10 companies valued collectively at £82.2 million. As at May 2021, 821 companies comprise the sub-market, with an average market cap of £80 million per listing. AIM has also started to become an international exchange, often due to its low regulatory burden, especially in relation to the US Sarbanes–Oxley Act (though only a quarter of AIM-listed companies would qualify to be listed on a US stock exchange even prior to passage of the Sarbanes–Oxley Act). By December 2005, over 270 foreign companies had been admitted ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Lesotho
Lesotho ( ), officially the Kingdom of Lesotho, is a country landlocked country, landlocked as an Enclave and exclave, enclave in South Africa. It is situated in the Maloti Mountains and contains the Thabana Ntlenyana, highest mountains in Southern Africa. It has an area of over and has a population of about million. It was previously the British Crown colony of Basutoland, which declared independence from the United Kingdom on 4 October 1966. It is a fully sovereign state and is a member of the United Nations, the Commonwealth of Nations, the African Union, and the Southern African Development Community. The name ''Lesotho'' roughly translates to "land of the Sotho". History Basutoland Basutoland emerged as a single body politic, polity under King Moshoeshoe I in 1822. Moshoeshoe, a son of Mokhachane, a minor tribal chief, chief of the Bakoteli lineage, formed his own clan and became a chief around 1804. Between 1820 and 1823, he and his followers settled at the Buth ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Botswana
Botswana (, ), officially the Republic of Botswana ( tn, Lefatshe la Botswana, label=Setswana, ), is a landlocked country in Southern Africa. Botswana is topographically flat, with approximately 70 percent of its territory being the Kalahari Desert. It is bordered by South Africa to the south and southeast, Namibia to the west and north, and Zimbabwe to the northeast. It is connected to Zambia across the short Zambezi River border by the Kazungula Bridge. A country of slightly over 2.3 million people, Botswana is one of the most sparsely populated countries in the world. About 11.6 percent of the population lives in the capital and largest city, Gaborone. Formerly one of the world's poorest countries—with a GDP per capita of about US$70 per year in the late 1960s—it has since transformed itself into an upper-middle-income country, with one of the world's fastest-growing economies. Modern-day humans first inhabited the country over 200,000 years ago. The Tswana ethnic ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Lighobong Diamond Mine
The Lighobong mine is one of the largest diamond mines in Lesotho and in the world. The mine is located in the northern part of the country near the Maloti Mountains. The mine has estimated reserves of 19 million carats of diamonds Diamond is a solid form of the element carbon with its atoms arranged in a crystal structure called diamond cubic. Another solid form of carbon known as graphite is the chemically stable form of carbon at room temperature and pressure, b ... and an annual production capacity of 1 million carats. The mine in Lesotho is Firestone Diamonds’s principal asset, and was acquired as a result of the acquisition of Kopane Diamond Developments plc for $71 million in July 2010. It is operated by Liqhobong Mining Development Company (Proprietary) Limited (‘LMDC’), which is 75% owned by Firestone Diamonds and 25% owned by the government of Lesotho. References {{DEFAULTSORT:Lighobong Mine Diamond mines in Lesotho ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Maluti Mountains
The Maloti Mountains are a mountain range of the highlands of the Kingdom of Lesotho. They extend for about 100 km into the South African Free State. The Maloti Range is part of the Drakensberg system that includes ranges across large areas of South Africa. “Maloti” is also the plural for Loti, the currency of the Kingdom of Lesotho. The range forms the northern portion of the boundary between the Butha-Buthe District in Lesotho and South Africa's Free State.Zunckel, Kevan. 2010. Connectivity Conservation Management: A Global Guide (with Particular Reference to Mountain Connectivity Conservation). Earthscan. p.77-79 Physiography The range forms a high alpine basalt plateau up to in height. It is located between Butha-Buthe District in Lesotho and the Free State Province of South Africa. The highest point, high Thabana Ntlenyana, is located in the north-east of the range. It is the highest peak of Southern Africa, and the highest in Africa south of the Kilimanjaro ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Orapa
Orapa is a town located in the Central District of Botswana. It is the site of the Orapa diamond mine, the largest diamond-producing mine in the world, and is considered to be the diamond capital of the country. Nearby is another kimberlite mine owned by Lucara Diamond, thought to have very large reserves of diamonds. The town has four schools, one of which teaches in English, serving a community containing a high proportion of immigrants. The population in 1996 was approximately 10,000 but has increased much in the last 10 years and is still increasing, due to the mining output having increased in line with development targets. According to the 2022 Population and Household census, the population of Orapa stood at 8,648. See also * Nwetwe Pan * Sua Pan The Sua Pan or Sowa Pan is a large natural topographic depression within the Makgadikgadi region of Botswana. It is located near the village of ''Sowa'', whose name means salt in the language of the San. The Sua salt pan i ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Lucara Diamond Corp
Lucara Diamond Corp. is a diamond exploration and mining company, founded in 2009 by two Canadian mining executives, Eira Thomas, Catherine McLeod-Seltzer and Swedish-Canadian mining billionaire Lukas Lundin, operating in Southern Africa but established in Canada. In November 2015, Lesedi La Rona, the world's second largest gem-quality diamond ever found, was found at the Karowe mine in Botswana. Operations Lucara owned a 40% share of the AK6 kimberlite project (now the Karowe mine) in Botswana. In October 2010, Lucara bought African Diamonds, giving it a 100% share in the mine. The mine has an estimated $US2.2 billion of diamonds. AK6 is in the Orapa/Letlhakane district. Other operations include the Mothae diamond project in Lesotho, where kimberlite processing began in June 2010, and where a 53.5 carat diamond has already been discovered; the Kavango project in Namibia; and planned mines and applications for mining licenses in Zimbabwe, Cameroon, and Botswana. Noted sto ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Kimberlite
Kimberlite is an igneous rock and a rare variant of peridotite. It is most commonly known to be the main host matrix for diamonds. It is named after the town of Kimberley in South Africa, where the discovery of an diamond called the Star of South Africa in 1869 spawned a diamond rush and the digging of the open-pit mine called the Big Hole. Previously, the term kimberlite has been applied to olivine lamproites as Kimberlite II, however this has been in error. Kimberlite occurs in the Earth's crust in vertical structures known as kimberlite pipes, as well as igneous dykes. Kimberlite also occurs as horizontal sills. Kimberlite pipes are the most important source of mined diamonds today. The consensus on kimberlites is that they are formed deep within the mantle. Formation occurs at depths between , potentially from anomalously enriched exotic mantle compositions, and they are erupted rapidly and violently, often with considerable carbon dioxide and other volatile componen ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Care And Maintenance
Care and maintenance is a term used in the mining industry to describe processes and conditions on a closed minesite where there is potential to recommence operations at a later date. During a care and maintenance phase, production is stopped but the site is managed to ensure it remains in a safe and stable condition. Causes The mine might be considered to be temporarily unviable, due to current economic conditions or unfavourable resource prices, which are expected to improve at a later date. Declining ore grades at some mines can also be a reason for care and maintenance announcements. In some cases controlling interest companies decide not to further funding for subsidiary operations. During closure While the mine is closed, a care and maintenance program will manage environmental risks associated with tailings dumps, hazardous materials and open and underground pits. Care of idle plant and machinery will also be included in the program. Public health and safety consideratio ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
TSX Venture Exchange
The TSX Venture Exchange is a stock exchange in Canada. It is headquartered in Calgary, Alberta, with offices in Toronto, Vancouver, and Montreal. All trading through the Exchange is done electronically, so the Exchange does not have a "trading floor". It was previously known as the Canadian Venture Exchange (CDNX), but in 2001 the TSX Group (now known as the TMX Group) purchased it and renamed it. The TMX Group also owns the Toronto Stock Exchange (TSX). The Toronto Stock Exchange is the senior equity market, while the TSX Venture Exchange is a public venture capital marketplace for emerging companies. As of November 2010, the TSX Venture Exchange had 2,364 listed companies with a combined market capitalization of $60,811,203,235. History The Canadian Venture Exchange was created in Canada on November 29, 1999 as a result of an agreement among the Vancouver, Alberta, Toronto and Montreal exchanges to restructure the Canadian capital markets along the lines of market specializ ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Diamond Mining Companies
Diamond is a solid form of the element carbon with its atoms arranged in a crystal structure called diamond cubic. Another solid form of carbon known as graphite is the chemically stable form of carbon at room temperature and pressure, but diamond is metastable and converts to it at a negligible rate under those conditions. Diamond has the highest hardness and thermal conductivity of any natural material, properties that are used in major industrial applications such as cutting and polishing tools. They are also the reason that diamond anvil cells can subject materials to pressures found deep in the Earth. Because the arrangement of atoms in diamond is extremely rigid, few types of impurity can contaminate it (two exceptions are boron and nitrogen). Small numbers of defects or impurities (about one per million of lattice atoms) color diamond blue (boron), yellow (nitrogen), brown (defects), green (radiation exposure), purple, pink, orange, or red. Diamond also has a very ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
