Firestone secures £136m funding

Aim-quoted diamond miner Firestone Diamonds yesterday said that it has secured $222.4m (£136m) project financing to build and commission a main treatment plant at the Liqhobong diamond mine. The new funding includes an $82.4m loan from Africa’s Absa Bank. “Raising [the funds] is an outstanding achievement for a company of Firestone’s size, particularly given the current challenging mining finance environment,” said chief Stuart Brown.