LOM 1.43% 6.9¢ lucapa diamond company limited

well at least the buzz in London is good for diamonds at the...

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    well at least the buzz in London is good for diamonds at the moment. Not sure if it helps or not

    FTSE100 heads higher as luxuries and diamonds sparkle 15/1/14

    "There was some big news in diamonds with the whole sector getting a polish as Firestone (LON:FDI) said it had raised funding of US$222mln (£140mln) to develop its Liqhobong mine in Lesotho.

    Brokers said it was an impressive achievement for a company worth £30mln and that was after a 25% rise in the share price today. Analysts said geologists had always been impressed by Liqhobong’s potential, which has now been validated.

    Other diamond miners basked in the praise for Firestone, with Stellar Diamonds (LON:STEL) up 22% at 1.16p as with good timing it put out an upbeat report on progress at its Tongo diamond project in Sierra Leone."

    http://www.proactiveinvestors.co.uk/companies/market_reports/64885/ftse100-heads-higher-as-luxuries-and-diamonds-sparkle-64885.html
 
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