Stellar Diamonds Kono mineral rights revoked

West Africa-focused Stellar Diamonds said on Thursday that Sierra Leone's Mines Ministry had revoked two of its licences in the Kono diamond district. The London-listed diamond mining and exploration company reported that the Ministry had issued...

Company Announcement: Significant Maiden Diamond Resource at Droujba Kimberlite Pipe in Guinea

Stellar Diamonds plc, the London listed diamond development company focused on West Africa, is pleased to announce the maiden resource for the Droujba kimberlite pipe project in southeastern Guinea.

Company Announcement: Resource Drilling Completed on Droujba Kimberlite Pipe in Guinea

Stellar Diamonds plc, the London listed diamond mining and exploration company focused on West Africa, announces that the initial resource drilling programme at the Company's diamondiferous Droujba kimberlite pipe project located in eastern Guinea...

Stellar upbeat about Guinea kimberlite bulk sample results

West Africa-focused Stellar Diamonds on Tuesday reported encouraging diamond grades of 565 ct from the first bulk sample of 233 t from its Bouro kimberlite dyke project in Guinea. The Aim-listed company recovered 20 stones of greater than one...

Stellar raises £6,2m to accelerate diamond exploration efforts

Aim-listed Stellar Diamonds said on Thursday that it had raised £6,2-million for its exploration activities in Guinea and Sierra Leone. The company placed 77,5-million new ordinary shares with institutional and other investors at 8p a share,...

Stellar Diamonds shifts focus to kimberlite assets

West Africa-focused Stellar Diamonds would focus on unlocking the potential of its high-grade kimberlite portfolio, after its alluvial operations underperformed against expectations for the half-year, ending December 2010. The Aim-listed miner on...

Drilling under way at Guinea’s Droujba kimberlite pipe

West Africa-focused diamond-mining and exploration company Stellar Diamonds has started exploration drilling of 20 holes, a total of 3 000 m, on the Droujba kimberlite pipe, in Guinea, which has grades up to 200 carats per hundred tons (cpht), the...

Stellar Diamonds ‘encouraged’ by prices received for stones from Guinea trial mine

Aim-listed diamond mining and exploration company Stellar Diamonds, which has a strong focus on West Africa, sold two parcels of diamonds from its Bomboko trial mine, in south-east Guinea, in the third quarter, comprising 1 664 ct for an average...

Stellar Diamonds lifts Q3 output at Guinea mine

Production at West Africa-focused Stellar Diamonds’ Mandala mine, in east Guinea, increased by 31% quarter-on-quarter to 18 291 ct in the three months ended September 30, 2010. The mine had produced 13 913 ct of diamonds in the second quarter...

Stellar raises £1,9m for West Africa kimberlite projects

West Africa-focused Stellar Diamonds has raised £1,9-million to accelerate exploration at its Droujba kimberlite project, in Guinea, and at its Tongo project, in Sierra Leone. The Aim-listed company on Wednesday placed 38-million shares at 5p a...

Stellar increases mining capacity to boost Guinea output

Aim-listed Stellar Diamonds said on Thursday that it had, as planned, introduced additional earth moving equipment at its Mandala and Bomboko sites in Guinea during the last quarter. The company added four 30-t articulated dump trucks, two...

Stellar acquires Petra’s stake in Sierra Leone 
diamond project to become sole owner

Aim-listed diamond mining major Stellar, which is mainly West Africa focused, has reached agreement with fellow diamond mining company Petra Diamonds to acquire Petra’s interest in the Kono kimberlite project in diamond rich Sierra Leone.