RNS Number:1668K
Firestone Diamonds PLC
09 October 2006



                             Firestone Diamonds plc

                               Operations update



LONDON: 9 October 2006



Firestone Diamonds plc ("Firestone" or "the Company"), the AIM-quoted diamond
mining and exploration company, announces that it has been making good progress
in respect of its plans to expand its project portfolio in South Africa and
Botswana, as outlined in the Company's interim results announcement of 31 March
2006.  The Company expects to be able to provide an update in this regard
shortly.



For further information:

Philip Kenny, Firestone Diamonds         +44 20 8834 1028 / +44 7831 324 645
Leesa Peters, Conduit PR                 +44 20 7429 6600 / +44 7812 159 885
Jamie Cumming, Bell Lawrie               +44 141 314 8103 / +44 7768 044 620



                           www.firestonediamonds.com


Background information on Firestone Diamonds plc:

Firestone Diamonds plc is an international diamond mining and exploration
company with operations in the Namaqualand region of South Africa, Botswana and
the United States.


Firestone has extensive interests in Botswana, which is the world's largest
producer of diamonds, with annual production of approximately 30 million carats
worth over $2.5 billion.  Botswana is considered to be one of the best countries
in the world to explore for kimberlite - the primary source rock for diamonds.
Firestone's Mopipi, Orapa and Jwaneng projects are located close to the major
Orapa and Jwaneng mines and are all being explored by De Beers in joint venture
with Firestone.  Firestone is also exploring for kimberlite in the US on the
Laurentia craton, which extends into Canada, where it hosts a number of
diamondiferous kimberlite deposits.



Namaqualand, which is located on the west coast of South Africa, has been one of
the world's largest alluvial diamond producing regions for the past 60 years,
with total production to date estimated to be worth more than $3 billion.
Firestone's mining operations in Namaqualand include the Bonte Koe, Avontuur and
Oena Mines, all of which produce high quality alluvial diamonds, and a growing
portfolio of early stage and advanced exploration projects, of which the Groen
River Valley project, which is being explored by De Beers in joint venture with
Firestone, is the most important.



Firestone has a highly qualified management team with extensive experience in
the exploration, evaluation and development of diamond projects. Firestone is
quoted on the Alternative Investment Market (AIM) of the London Stock Exchange
and trades under the symbol FDI.L.




                      This information is provided by RNS
            The company news service from the London Stock Exchange
END

MSCLKLFBQBBEFBX

Firestone Diamonds (LSE:FDI)
Historical Stock Chart
From Jun 2024 to Jul 2024 Click Here for more Firestone Diamonds Charts.
Firestone Diamonds (LSE:FDI)
Historical Stock Chart
From Jul 2023 to Jul 2024 Click Here for more Firestone Diamonds Charts.