Firestone Diamonds is a diamond producer operating a world-class diamond mine, supplying rare rough diamonds to an expanding global market. Its flagship asset, the Liqhobong Diamond Mine, located in the Lesotho Highlands, commenced production in 2016.
Firestone’s vision is to be a mid-tier diamond producer and preferred and trusted partner of choice by all of its stakeholders and local communities alike. The Liqhobong Diamond Mine is owned 75% by Firestone and 25% by the Government of the Kingdom of Lesotho. The Company commenced construction in July 2014 and achieved first production in October 2016. In the 12 months to end-June 2018, the company’s first full financial year of production, 835,832 carats were produced at 22 carats per hundred tonnes.
Lesotho is emerging as one of Africa’s significant new diamond producers, and also hosts the Letseng Mine as well as the Kao Diamond Mine and the Mothae development project.Firestone is an international diamond mining company with operations in Lesotho. Firestone commenced commercial production in July 2017 and the Liqhobong Diamond Mine. Liqhobong is owned 75% by Firestone and 25% by the Government of Lesotho.
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Mr Genovese has 30 years of experience in both the merchant and financial sector of the metals and mining industry. Mr Genovese is the CEO of Nage Capital Management in Baar, Switzerland. He is also a member of the board of Ferrexpo AG and Nevada Copper Inc. and was actively involved in the restructuring and development of Ferrous Resources and more recently Mantos Copper S.A., where he is also a board member. He was previously employed at Glencore International AG where he held several senior positions including CEO of the CIS region and manager of the Moscow office. Mr Genovese is a qualified Chartered Accountant and has a BComm and BAcc from the University of Witwatersrand, Johannesburg (South Africa).
Paul is a qualified geologist with more than 25 years’ experience in the mining industry, 14 years of which were in the diamond industry where he worked for De Beers. Before joining Firestone Diamonds, Paul was General Manager of a joint venture between De Beers and Anglo Gold Ashanti whereafter he worked as a Vice President for Pala Investments, an international mining investment fund based in Switzerland. Paul Joined Firestone Diamonds in July 2014 and has been General Manager of the Liqhobong mine for the last 2 years where he successfully managed the ramp up to full commercial production. He holds BSc (Honours) and MSc degrees as well as an MBA from the University of Cape Town’s Graduate School of Business.
Mr Meier has over 30 years of experience in investment banking with specialist knowledge of the mining sector. He is Chairman of Anglo Pacific Group plc, the London listed Natural Resources Royalty Company. He also acts as a Senior Adviser to Bacchus Capital Advisers, an advisory boutique and in various other advisory roles from time to time. Mr Meier headed up the investment banking activities for RBC Capital Markets in Europe and Asia and drove a major expansion of RBC’s European presence. Prior to this role, he headed up RBC’s activities in the Metals and Mining sector in Europe, Africa and Asia for many years, and continues to enjoy strong relationships within the sector. He also served as a Director on the Board of RBC’s main operating subsidiary in Europe. He has an MA in Natural Sciences from Cambridge University.
Mr Owen has over 40 years of experience in the mining industry. From 1974 to 1995, he worked for De Beers Consolidated Mines, holding the position of consulting engineer for the group mines from 1988 to 1992 and general manager of the Premier Diamond Mine until 1995 when he was transferred to Anglo American South America as senior vice president of mining. In 2003 he joined the international mining and geological consultancy firm, SRK Consulting, as an associate consultant. In 2006 he joined Mwana Africa plc, an AIMâ€‘listed junior miner (now known as Asa Resource Group plc) as Technical Director, retiring in 2009. Mr Owen holds an MSc in minerals production management from Imperial College, London.
Ms Carr is a Chartered Certified Accountant who has over 30 years' resources industry experience overseeing large scale mining operations across the world including the Freda Rebecca gold mine in Zimbabwe, the Ayanfuri gold mine in Ghana, the Kalsaka gold mine in Burkina Faso and the Angovia gold mine in Ivory Coast. Ms Carr began her career in the resources sector at Cluff Oil Holdings followed by Marc Rich Holdings (now Glencore) where she held the position of business manager. Since then, she has gone on to serve as Finance Director or Non-Executive Director at several companies in the resources sector, and was Chief Financial Officer at both AIM listed Monterrico Metals plc and Alexander Mining plc. Ms Carr is currently a Non-Executive Director of Sylvania Platinum Limited and Bacanora Lithium plc, both of which are listed on AIM. Ms Carr holds an MSc in Management from London University and is a SLOAN fellow of the London Business School.
Mr Stirzaker has over 30 years' commercial experience, mainly in mining finance and mining investment. He began his career in Sydney as a Chartered Accountant with KPMG, having obtained a Bachelor of Commerce from the University of Cape Town. He moved into investment banking with Wardley James Capel (part of the HSBC Group) and then Kleinwort Benson Limited in London. From 1993 to 2007 he was part of the natural resource advisory and investment firm, RFC Group Limited, where he became Joint Managing Director. He has also been a shareholder and Director of Tennant Metals Pty Limited, a privately-owned physical-metal trader and investor, and was the Finance Director of Finders Resources Limited, an ASX-listed company producing copper in Indonesia. In 2010, Mr Stirzaker joined the private equity mining fund manager, Pacific Road Capital Management as a Partner. The Pacific Road Resources Fund II is a major shareholder of Firestone Diamonds, with Mr Stirzaker appointed as its new nominee on the Firestone Board.
Mr Johnson has over 25 years of experience in the natural resources sector, 18 of which were in the mining industry where he held various senior positions within Rio Tinto plc, including on its executive committee from 2003 to 2009. From 2003 to 2007, Mr Johnson had overall responsibility for Rio’s global diamond business which accounted for over US$1 billion in revenue and operated across three continents. In 2007, Mr Johnson was appointed head of business resources, where he was part of the team responsible for the integration of Alcan Inc., following its acquisition in October 2007. In January 2010, Mr Johnson joined FTSE 250 oil and gas company, BG Group plc, as General Manager of Strategy and Portfolio Development. Mr Johnson holds an MBA in Finance and a BSc degree in Mathematics and Operational Research. Mr Johnson is Resource Capital Fund VI L.P.’s nominated nonâ€‘executive director of the Company.