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DIAMONDS

28

MODERN MINING

October 2015

A

ccording to Firestone, the critical

path earthworks are complete

and civil, structural, mechani-

cal and electrical construction

works have all begun. The ma-

jor critical path items that include the Residue

Storage Facility (RSF), civils, accommodation

and office complex, bulk power, and the steel,

mechanical, piping and platework erection and

fabrication are all on, or close to, schedule and

within budget. The first steelwork has been as-

sembled and the scheduled delivery of steel to

site has begun. The construction teams are also

reportedly working hard to get ahead of sched-

ule while there is a favourable weather window.

Overall engineering design is 90 % complete,

with only the final control and instrumentation

interface designs outstanding and this work is

progressing on schedule and within budget.

Accordingly, says Firestone, it is confident

that, with the continued co-operation of the

Government of Lesotho in granting the required

specialist skills work permits necessary for the

short term contractors, it currently remains

on target to achieve initial production during

Q4 2016.

Firestone also reports that the grid power

project has been completed on budget and

ahead of schedule and is undergoing the final

commissioning phases, having been connected

to the national grid.

The mine will be an open-pit operation with

mining taking place to a depth of 383 m over

15 years. The ore will be treated in a 3,6 Mt/a

facility using only proven technologies. The

flowsheet incorporates a combination of jaw

and cone crushers; scrubbing and conventional

screening; coarse and fines dense medium

separation; and final concentration by X-ray

fluorescence technology. The design allows for

the recovery of stones of up to 400 carats.

Firestone, which is headed by ex-De Beers

executive Stuart Brown, notes that it has been

working hard over the past year to finalise a

number of specific work streams to further de-

risk and enhance the project. The project’s new

economics are based on detailed additional

Newmine plan

enhances and

derisks the

Liqhobong

project

The raw water dam at

Liqhobong – 100 000 m

3

of

storage capacity complete.

Firestone Diamonds, the AIM-quoted company which

is developing the R2,1 billion Liqhobong diamond mine

in Lesotho, reports that project construction was 49 %

complete, as at the end of September 2015, versus the 50 %

target under the revised timetable, announced in June

2015, and on track for initial production in Q4 2016. It has

also announced that a newmine plan has been completed

which further derisks the project and reconfirms the strong

base case project economics.