Industry News by Nemesis

Firestone Finds Its Biggest Fancy Yellow

July 10, 2019

 

Firestone Diamonds has recovered a 54-carat, intense-fancy-yellow rough diamond at its Liqhobong mine in Lesotho, it reported Monday. 

The sawable stone, the largest of its color Firestone has unearthed, will go on sale at the company’s next tender, which is due to take place in September. The miner’s special-stone discoveries this year have included a white diamond weighing 70 carats, a 72-carat yellow (of lesser quality), a 22-carat white, and an 11-carat, fancy-light-pink diamond. 

“The Liqhobong mine has become known for its fancy-yellow stones, but this one is the largest we’ve recovered so far, and is therefore quite special,” said Firestone CEO Paul Bosma. “Although certain segments of the diamond market are currently struggling, the demand for unique natural stones remains positive.” 

Image: The 54-carat, intense-fancy-yellow diamond recovered by Firestone Diamonds. (Firestone Diamonds)

 

Source: Rapaport

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