Firestone Diamonds posts lost USD4.6 million for the six months to the end of December - up from USD4.4 million last time.
The gathering says the Liqhobong precious stone mine venture was 61% finished toward the end of December and was 68% finished toward the end of February and stays on track for beginning creation in Q4 2016.
Highlights for the period:
- Revised capital spending plan of ZAR2.1 billion, stays inside of the first venture spending plan of US$185.4 million
- Total Project staff compliment of 952 workers and contractual workers, of which 82% are Lesotho subjects
- Grid power venture finished inside of spending plan and in front of timetable in October 2015. Liqhobong now associated with lattice power
- Zero lost time damage record kept up, with more than 1.8 million worker hours functioned as toward the end of December 2015
- Completed overhauled life of mine arrangement ("Mine Plan") and Diamond Resource and Reserve
* Diamond Resource and Reserve overhauled in light of new land model, expanded base cut-off ("BCO") and prohibition of boart carats
The gathering says the Liqhobong precious stone mine venture was 61% finished toward the end of December and was 68% finished toward the end of February and stays on track for beginning creation in Q4 2016.
Highlights for the period:
- Revised capital spending plan of ZAR2.1 billion, stays inside of the first venture spending plan of US$185.4 million
- Total Project staff compliment of 952 workers and contractual workers, of which 82% are Lesotho subjects
- Grid power venture finished inside of spending plan and in front of timetable in October 2015. Liqhobong now associated with lattice power
- Zero lost time damage record kept up, with more than 1.8 million worker hours functioned as toward the end of December 2015
- Completed overhauled life of mine arrangement ("Mine Plan") and Diamond Resource and Reserve
* Diamond Resource and Reserve overhauled in light of new land model, expanded base cut-off ("BCO") and prohibition of boart carats
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