Changing fundamentals and opportunities for growth
Stuart Brown, CEO, Firestone Diamonds
At Rolling Stones: Moss or Momentum? An insight into the gemstone industry
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Speaker’s Biography
Mr Brown has over 20 years of experience in the diamond industry where he has gained a wealth of experience across all aspects of the Diamond industry throughout the diamond pipeline from exploration to selling and marketing of diamonds. In 2006, Mr Brown was appointed as the De Beers Group CFO – a position he held for over five years – and in 2010 Mr Brown was appointed Joint Acting CEO to run De Beers’s global activities in tandem with his CFO duties. Mr Brown has an enviable track record of leading business transformation to develop lean, agile and high performing organisations. Mr Brown holds a Bachelor of Accounting Science (BCompt) from the University of South Africa (UNISA) and is a member of the South African Institute of Chartered Accountants.
Need to know
Firestone (LSE:FDI) is an international diamond development company with operations focused on Lesotho. Firestone is currently in the process of developing the Liqhobong Mine Development Project in Lesotho to become a one million carat per annum producer. Initial production is expected in early Q4 2016, with full production rates expected to take at least six months. Lesotho is emerging as one of Africa’s signifcant new diamond producers, and hosts Gem Diamonds’ Letseng Mine, Firestone’s Liqhobong Mine, as well as Namakwa Diamonds’ Kao Mine and the Mothae development project.