Stellar Diamonds Limited

Published : March 19th, 2013

INTERIM UNAUDITED SIX MONTH RESULTS TO 31 DECEMBER 2012

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19 March 2013

AIM: STEL

Stellar Diamonds plc

(�Stellar� or the �Company�)

INTERIM UNAUDITED SIX MONTH RESULTS TO 31 DECEMBER 2012

Stellar Diamonds plc, the London listed (AIM:STEL) Diamond development company focused on West Africa announces its Interim unaudited six month results to 31st December 2012.

Operational Highlights

  • Tongo JORC compliant resource increased to over 1 million carats through 2,929m of additional drilling
  • Droujba JORC compliant resource increased to 3 million carats through addition of 446,000 carats from adjacent Katcha kimberlite dyke
  • Additional Droujba bulk sampling programme increased overall bulk sample grade to 89 cpht from 70 cpht
  • Katcha dyke resource at Droujba calculated on only 475m of 5,000m strike length to a depth of 150m
  • Conceptual Economic Scoping Studies (�CESS�) for Tongo and Droujba commence in Q1 2013 following successful fundraise
  • Discussions continued with the Government of Sierra Leone on the reinstatement of the Kono licences

Financial Highlights

  • $1.4m invested in increasing defined resources at Tongo and Droujba kimberlite projects
  • Loss per share of $0.01 (2011 $0.01)
  • Net assets of $18.6m ($19.9m at 30 June 2012)
  • $0.5m raised through private placement in October 2012 with a further $1.6m raised (post-balance sheet) in February 2013 to fund CESS during H1 2013

Karl Smithson, Chief Executive Officer, commented:

�During the past six months we have successfully increased the JORC compliant inferred resources for the Tongo and Droujba projects to 1.07 million and 2.92 million carats respectively, giving Stellar a global resource base of 4 million carats to date. �The first half of 2013 will now be dedicated to completion of the conceptual economic scoping studies to better define the project economics at Tongo and Droujba. We have appointed experienced independent contractors Paradigm Project Management to conduct these studies, which are well under way and on track to be delivered within the designated time frame. A decision will then be made on whether to advance Tongo and Droujba to the pre-feasibility stage in the second half of 2013". �I look forward to updating shareholders as we progress these key projects�.

In accordance with the AIM rules for Companies the information in this announcement has been reviewed by Karl Smithson, Chief Executive of Stellar, a qualified geologist with 24 years� experience.

For further information please contact the following or visit the Company�s website at www.stellar-diamonds.com.

Stellar Diamonds plc

Karl Smithson,Chief ExecutiveTel: +44 (0) 20 7010 7686

Charles Stanley Securities

(Nominated Advisor and Joint Broker)

Mark Taylor, Marc Milmo, Carl Holmes Tel: +44 (0) 20 7149 6000

Daniel Stewart & Company plc

(Co-Broker)

Martin Lampshire, Antony Legge Tel: +44 (0) 20 7776 6550

About Stellar Diamonds plc

Stellar is a London (AIM: STEL) listed West African focussed Diamond mining and exploration company which is advancing the Droujba and Tongo kimberlite projects in Guinea Sierra Leone respectively. These projects have a combined JORC compliant, inferred Diamond resource of approximately 4 million carats. In April 2012 the Company announced a dispute with the Ministry of Mines in Sierra Leone over its two Kono licences and remains in discussions with the Government of Sierra Leone regarding the proper reinstatement of these licences.


Chairman�s Statement

Operational Review

Stellar has continued to make excellent progress and our teams on the ground have met every key milestone in the establishment of our maiden resource statements, which were announced in March and April of 2012. At that time we declared JORC compliant inferred resources of 660,000 carats at the Tongo project and 2,474,000 carats at the Droujba project. We decided to increase these resource bases through further drilling and by the end of 2012 had increased the resources to over 1 million carats at Tongo and 3 million carats at Droujba, for a combined total of 4 million carats in resource for the Company.

The focus has now shifted towards completing conceptual economic scoping studies at both Tongo and Droujba which will essentially define project economics to within a 35% accuracy. This essentially is the onset of Pre-Feasibility studies but will give Stellar a low cost, preliminary analysis of many aspects such as mine and plant design, capital budget, operating costs and financial modelling. Depending on these results we will then advance the projects to the Pre-Feasibility stage where more accurate figures will be attained as the resources are moved to the indicated status.

Droujba Project

The Droujba project comprises the 3ha Droujba pipe and the adjacent 5,000m long Katcha kimberlite dyke, where a combined resource of 3 million carats is currently established.

Resource drilling of the Droujba pipe was completed in the previous period where 8,867m were drilled. The deepest kimberlite intersection was 414m below surface and the pipe remains open at depth. Bulk sampling of the Droujba pipe continued with higher grades achieved (100cpht) than previously reported (71cpht), possibly due to better processing techniques. The bulk sampling has therefore yielded a total of 2,147 carats (+1mm) from 2,421 dry tonnes, for a grade of 89 cpht. However the resource grade has remained at 70 cpht due to the use of microdiamonds for grade determination at depth. The Company believes that since the surface grade is considerably higher there is potential for a higher grade to also be present at depth since there is continuity of geology. This will have to be tested by large diameter drilling should the project advance to the pre-feasibility stage and could result in a considerable increase in the contained resource should the higher surface grade be confirmed at depth.

The Diamond product at Droujba is mainly of industrial quality. Two separate valuations were carried out on the phase-1 and phase-2 bulk sampling goods, with average modelled Diamond prices of $60/ct (March-12) and $38/ct (October-12) respectively being achieved. This lower value is a function of both a weaker rough Diamond market at the time of valuation and the paucity of larger gem stones in the overall parcel.

The on-going CESS will focus on the top 150m of the pipe that could potentially be mined as an open pit operation over a short time frame (5 years or so) in order to generate cash flow to the Company. These results should be available before the end of June 2013.

At Katcha the 5km long dyke was drilled over a short 470m section of the dyke closest to the Droujba kimberlite pipe, but only to a maximum depth of 150m. Bulk sampling generated a 477 carat parcel of diamonds for a +1mm grade of 161cpht. A resource of 446,000 carats was modelled at a grade of 140cpht for the section of drilled dyke, which only represents 10% of the whole potential resource. However, this would need to be confirmed through further drilling along the strike of the Katcha dyke. The Katcha dyke Diamond value was modelled at an average of $48/ct in the weak rough Diamond market of October 2012.

Tongo

The Tongo project comprises a 9km2 licence area that hosts four diamondiferous kimberlites, designated Dykes 1 to 4. Only Dyke-1 has been advanced to the resource stage at this point in time, though there is clearly potential to add to this from the nearby Dykes-2, 3, and 4. Dyke-2 has a modelled Diamond grade of 140cpht, whereas Dyke-4 was bulk sampled in early 2012 and gave a grade of 110cpht and Diamond value of $100 per carat. Both these kimberlites require drilling to enable them to be included in a resource statement.

Drilling and bulk sampling at Dyke-1 over the past 12 to 18 months have delivered an inferred resource of 1,074,000 carats at a grade of 120 cpht and an average modelled Diamond value of $248 per carat. At this grade and value, the in-situ kimberlite rock value is calculated to be $297 per tonne, which is considered to be a very high value for a kimberlite.

The Tongo resource has been established over a strike length of 1.9km of the dyke to a depth of 300m. Although the resource remains open at depth it was decided to conduct the CESS on the already established 1 million carat resource, with the scenario of mining this resource over ten years. Should the preliminary economics look encouraging then infill drilling will be undertaken to increase the geological confidence of the resource as part of the pre-feasibility study.

Kono

It was announced in late March 2012 that the Company had received a letter from the Ministry of Mineral Resources terminating the Kono licence. The Company strongly believes this to be an illegal revocation by the Ministry and has been in discussions at various levels of the Sierra Leone Government to have the licence properly reinstated. These discussions are on-going.

Market Outlook

The rough Diamond market showed weakness in the second half of 2012 as global economic uncertainty continued. Bank lending to fund Diamond buying also slowed and a sluggish polished Diamond market contributed to a slowdown in rough Diamond buying which negatively impacted prices. Some major producers reported slightly improved prices at the end of 2012 and into early 2013 and there is cautious optimism that the worst has passed and that 2013 should see a consolidation of prices and possibly single digit growth. Stellar remains bullish on the rough Diamond market in the medium to long term as there have been no significant changes to the supply-demand imbalance forecasts. Rough Diamond consumption remains robust in China and India and growth is slowly returning to the United States market, which should underpin the growing demand forecasts. Supply is flat-lining and will decrease unless there are significant new sources of output, hence the forecast supply deficit remains a reality at this point in time.

With the ongoing support of shareholders, Stellar has managed to meet its key targets and milestones over this period. The Board has taken a view that to advance the current projects through CESS and pre-feasibility study is the best way forward for the Company to realise and create value for shareholders.

I would like to take this opportunity to thank all shareholders for their continued support and I look forward to 2013 being a successful year for us all.

Lord Daresbury

Non-Executive Chairman


Stellar Diamonds plc

Condensed consolidated statement of comprehensive loss (unaudited)

for the six months ended 31 December 2012

(Stated in U.S. dollars)

         
 

Notes

Six months ended

31 December 2012

(unaudited)

Six months ended

31 December 2011 (unaudited)

Year ended 30 June 2012 (audited)

         

Revenue

2

-

-

370,099

Mining and processing costs

 

-

(586,881)

(1,274,256)

Gross loss

 

-

(586,881)

(904,157)

Administrative expenses

       

- Impairment of tangible assets

4

-

-

(1,367,495)

- Administrative expenses

 

(1,547,247)

(1,360,118)

(3,124,975)

   

(1,547,247)

(1,360,118)

(4,492,470)

Finance costs

   

-

-

Loss before tax

 

(1,547,247)

(1,946,999)

(5,396,627)

Income tax expense

 

-

-

-

Loss after tax attributable to equity holders of the parent

 

(1,547,247)

(1,946,999)

(5,396,627)

Total comprehensive loss for the period attributable to equity holders of the parent

 

(1,547,247)

(1,946,999)

(5,396,627)

Weighted average number of shares

 

224,100,028

216,766,659

224,100,028

Basic and diluted loss per share

 

(0.01)

(0.01)

(0.02)


Stellar Diamonds plc

Condensed consolidated statement of financial position (unaudited)

as at 31 December 2012

(Stated in U.S. dollars)

 

Notes

31 December 2012

(unaudited)

 

31 December 2011 (unaudited)

30 June 2012 (audited)

Assets

         

Non-current assets

         

Intangible assets

3

14,365,082

 

10,731,862

12,586,069

Property, plant and equipment

4

3,956,073

 

7,288,836

4,599,881

Total non-current assets

 

18,321,155

 

18,020,698

17,185,950

           

Current assets

         

Inventories

 

-

 

593,797

-

Trade and other receivables

 

35,593

 

199,729

501,861

Cash and cash equivalents

 

205,370

 

1,064,509

1,537,211

Total current assets

 

240,963

 

1,858,035

2,039,072

Total assets

 

18,562,118

 

19,878,733

19,225,022

           

Equity and liabilities

         

Capital and reserves

         

Share capital

 

18,393,507

 

17,161,566

18,220,394

Share premium

 

27,397,626

 

25,055,393

27,018,776

Reverse acquisition reserve

 

17,073,279

 

17,073,279

17,073,279

Warrant reserve

 

-

 

155,235

-

Share option reserve

 

4,486,205

 

4,177,000

4,177,000

Accumulated loss

 

(49,292,037)

 

(44,450,396)

(47,744,789)

Total equity

 

18,058,580

 

19,172,077

18,744,660

           

Non-current liabilities

         

Provision

 

104,369

 

104,369

104,369

Total non-current liabilities

 

104,369

 

104,369

104,369

           

Current liabilities

         

Trade and other payables

 

399,174

 

602,287

375,993

Total current liabilities

 

399,174

 

602,287

375,993

Total liabilities

 

503,543

 

706,656

480,362

Total equity and liabilities

 

18,562,123

 

19,878,733

19,225,022

             

Company registration number: 5424214


 

Share

Share

Warrant

Share option

Reverse acquisition

Accumulated

Total

 

capital

premium

reserve

reserve

reserve

loss

equity

Balance at 1 July 2011

17,161,566

25,055,393

155,235

4,177,000

17,073,279

(42,503,397)

21,119,076

Total comprehensive loss for the period

-

-

-

-

-

(5,396,627)

(5,396,627)

Issue of placing shares

1,058,828

2,117,655

-

-

-

-

3,176,483

Share warrants issued

-

-

-

-

-

-

-

Share issue costs

-

(154,272)

-

-

-

-

(154,272)

Warrants expired

-

-

(155,235)

-

-

155,235

-

Other shares issued

-

-

-

-

-

-

-

Share options issued

-

-

-

-

-

-

-

Balance at 30 June 2012

18,220,394

27,018,776

-

4,177,000

17,073,279

(47,744,789)

18,744,660

Total comprehensive loss for the period

-

-

-

-

-

(1,547,247)

(1,547,247)

Issue of placing shares

173,113

378,851

-

-

-

-

551,964

Share options issued

-

-

-

309,206

-

-

309,206

Balance at 31 December 2012

18,393,507

27,397,626

-

4,486,205

17,073,279

(49,292,037)

18,058,580

               

Stellar Diamonds plc

Condensed consolidated statement of changes in equity (unaudited)

as at 31 December 2012

(Stated in U.S. dollars)


Stellar Diamonds plc

Condensed consolidated statement of cash flows (unaudited)

For the six months ended 31 December 2012

(Stated in U.S. dollars)

 

Six months ended

Six months ended

Year ended

 

31 December 2012 (unaudited)

31 December 2011 (unaudited)

30 June 2012 (audited)

Cash flows from operating activities:

     

Net loss for the period

(1,547,247)

(1,946,999)

(5,396,627)

Items not involving cash:

     

Depreciation of property, plant and equipment

688,393

464,255

1,099,137

Impairment of property, plant and equipment

-

-

1,367,495

Share-based payment expense

309,206

-

-

Shares issued to directors in lieu of fees

-

-

186,252

Interest expense

-

-

-

Net foreign exchange (gain)/loss

(4,547)

(2,503)

49,751

Change in working capital items:

     

Decrease/(Increase) in receivables

66,269

(5,242)

(307,374)

(Increase)/Decrease in stock

-

(86,555)

507,242

Increase/(Decrease) in trade and other payables

23,181

286,402

60,108

Net cash used in operations

(464,745)

(1,290,642)

(2,434,016)

Cash flows from investing activities

     

Purchases of property, plant and equipment

(44,585)

(602,135)

(707,047)

Payments to acquire intangible assets

(1,379,013)

(3,563,857)

(4,626,576)

Net cash used in investing activities

(1,423,598)

(4,165,992)

(5,333,623)

Cash flows from financing activities

     

Repayment of convertible loans

-

-

-

Proceeds from issue of share capital, net of costs

551,964

-

2,835,958

Interest paid

-

-

-

Net cash generated by financing activities

551,964

-

2,835,958

Net (decrease)/increase in cash and cash equivalents

(1,336,379)

(5,456,634)

(4,931,681)

Cash and cash equivalents, beginning of period

1,537,211

6,518,640

6,518,640

Effect of foreign exchange rate changes

4,538

2,503

(49,748)

Cash and cash equivalents, end of period

205,370

1,064,509

1,537,211


Stellar Diamonds plc

Notes to the consolidated financial statements (unaudited)

for the six months ended 31 December 2012

(Stated in U.S. dollars)

1. Basis of presentation

Stellar Diamonds plc (the �Company� or on a consolidated basis the �Group�) is presenting unaudited financial statements as of and for the six months ended 31 December 2012. The comparative periods presented are the audited financial statements as of and for the year ended 30 June 2012 and the unaudited financial statements as of and for the six months ended 31 December 2011.

The information for the six months ended 31 December 2012 does not constitute statutory accounts for Stellar Diamonds plc as defined in section 434 of the Companies Act 2006. A copy of the most recent statutory accounts for the year ended 30 June 2012 has been delivered to the Registrar of Companies. The auditors reported on those accounts: their report was unqualified but drew attention to the Company�s ability to continue as a going concern by way of emphasis and did not contain a statement under section 498 (2) or (3) of the Companies Act 2006.

The annual financial statements of the Group are prepared in accordance with International Financial Reporting Standards as adopted by the European Union (�IFRS�). The condensed set of financial statements included in this interim financial report has been prepared in accordance with International Accounting Standard 34 �Interim Financial Reporting�, as adopted by the European Union.

1.1 Going concern

The Company�s business activities, together with the factors likely to affect its future development, its key risks and performance are set out in the Chairman�s Statement.

As discussed in the Chairman�s Statement, the Company is focusing on advancing its kimberlite projects through economic scoping studies and thereafter pre-feasibility studies. At 31 December 2012, the Company had $0.2m in cash and in February 2013 raised an additional $1.6m. These funds were raised to produce Conceptual Economic Scoping Studies on the Droujba and Tongo projects following the positive resource definition programmes completed in 2012. Given the positive results produced at both Tongo and Droujba, the directors believe that the Company will continue to have the ability to access sufficient levels of finance to continue the Group�s projects for the foreseeable future. On that basis, the directors continue to adopt the going concern basis in preparing these financial statements.

1.2 Changes in accounting policy

The same accounting policies, presentation and methods of computation are followed in the condensed set of financial statements as applied in Stellar Diamonds plc�s latest audited financial statements as of and for the year ended 30 June 2012.

Stellar Diamonds plc

Notes to the consolidated financial statements (unaudited)

for the six months ended 31 December 2012

(Stated in U.S. dollars)

2. Segments

The Company is engaged in the acquisition, exploration, development and production of Diamond properties in the West African countries of Sierra Leone and Guinea. Information presented to the Chief Executive Officer for the purposes of resource allocation and assessment of segment performance is focussed on the individual projects in geographical locations. The reportable segments under IFRS 8 are therefore as follows:

� Mandala (Guinea);

� Bomboko (Guinea);

� Kono (Sierra Leone);

� Tongo (Sierra Leone);

� Droujba (Guinea);

� Other exploration;

� Corporate activities in the United Kingdom.

Following is an analysis of the Group�s revenue, results, assets and liabilities by reportable segment for the six months ended 31 December 2012:

                 
 

Mandala

Bomboko

Kono

Tongo

Droujba

Other exploration

Corporate

Total

 

$

$

$

$

$

$

$

$

Revenue � sale of diamonds

-

-

-

-

-

-

-

-

Segment result

(563,687)

-

-

-

-

-

(983,560)

(1,547,247)

Finance costs

             

-

Loss before tax

             

(1,547,247)

Income tax expense

             

-

Loss after tax

             

(1,547,247)

                 

Segment assets

2,045,302

1,095,436

4,510,518

4,605,686

5,446,067

203,887

655,223

18,562,118

Segment liabilities

(74,369)

(30,000)

-

-

-

-

(399,174)

(503,543)

Net book value of intangible assets

-

-

4,497,305

4,335,787

4,926,262

191,119

414,610

14,365,083

Net book value of property, plant and equipment

2,039,904

-

9,978

264,674

1,630,302

10,847

368

3,956,073

Capital additions

� property, plant and equipment

� intangible assets

-

-

-

-

-

124,730

-

982,800

44,585

671,483

-

-

-

-

44,585

1,779,013

Depreciation of property, plant and equipment

359,983

-

1,761

46,707

279,877

-

65

688,393


Stellar Diamonds plc

Notes to the consolidated financial statements (unaudited)

for the six months ended 31 December 2012

(Stated in U.S. dollars)

2. Segments (continued)

Following is an analysis of the Group�s revenue and results by reportable segment for the year ended 30 June 2012:

 

Mandala

Bomboko

Kono

Tongo

Droujba

Other

exploration

Corporate

Total

 

$

$

$

$

$

$

$

$

                 

Revenue � sale of diamonds

370,099

-

-

-

-

-

-

370,099

                 

Segment result

(3,688,332)

(36,264)

(928)

(21,621)

(725)

-

(1,648,757)

(5,396,627)

                 

Finance costs

             

-

Loss before tax

             

(5,396,627)

Income tax expense

             

-

Loss after tax

             

(5,396,627)

                 

Segment assets

2,441,783

1,288,062

4,393,317

3,679,967

4,819,507

203,887

2,398,499

19,225,022

Segment liabilities

(91,289)

(30,000)

(4,000)

(307)

(3,959)

-

(350,807)

(480,362)

Share based payment expense

-

-

-

-

-

-

-

-

Carrying value of intangible assets

-

-

4,372,575

3,352,987

4,254,779

191,119

414,609

12,586,069

Net book value of property, plant and equipment

2,399,897

-

11,739

311,381

1,865,845

10,847

172

4,599,881

Capital additions

� property, plant and equipment

� intangible assets

27,809

-

-

-

1,795

453,526

71,714

1,968,949

605,729

2,995,589

-

-

-

-

707,047

5,418,064

Depreciation of property, plant and equipment

1,098,951

-

5,031

133,449

653,008

-

186

1,890,625

Impairment of property, plant and equipment

1,367,495

-

-

-

-

-

-

1,367,495

3. Intangible assets

 

Six months ended 31 December 2012

Year ended 30 June 2012

 

$

$

Exploration and evaluation expenditure

   

Cost

   

Opening balance

27,509,319

22,091,255

Additions

1,779,013

5,418,064

Closing balance

29,288,332

27,509,319

     

Impairment

   

Opening balance

14,923,250

14,923,250

Charge for the period

-

-

Closing balance

14,923,250

14,923,250

     

Carrying value

14,365,082

12,586,069

Stellar Diamonds plc

Notes to the consolidated financial statements (unaudited)

for the six months ended 31 December 2012

(Stated in U.S. dollars)

4. Property, plant and equipment

 

Mining assets

Machinery and equipment

Total

 

$

$

$

Cost

     

At 1 July 2011

14,816,878

5,248,652

20,065,530

Additions

-

707,047

707,047

Transfer to Machinery and

Equipment

(3,737,573)

3,737,573

-

At 30 June 2012

11,079,305

9,693,272

20,772,577

Additions

-

44,585

44,585

At 31 December 2012

11,079,305

9,737,857

20,817,162

       

Depreciation

     

At 1 July 2011

10,681,411

2,233,165

12,914,576

Charge for the year

-

1,890,625

1,890,625

Impairment

1,367,495

-

1,367,495

Transfer to Machinery and

Equipment

(969,601)

969,601

-

At 30 June 2012

11,079,305

5,093,391

16,172,696

Charge for the period

-

688,393

688,393

Impairment

-

-

-

At 31 December 2012

11,079,305

5,781,784

16,861,089

       

Net book value

     

At 31 December 2012

-

3,956,073

3,956,073

At 30 June 2012

-

4,599,881

4,599,881

         

Included within mining assets is the rehabilitation provision for Mandala and Bomboko of $104,369 (30 June 2012: $104,369).

5. Post Balance Sheet Events

In February 2013, the company issued 41,960,640 ordinary shares of 1p each at a placing price of 2.65p per share raising �1.1m ($1.6m) before expenses.

6. The Company�s unaudited six month results to 31 December 2012 will be available to download from the Company�s website at www.stellar-diamonds.com.

Copyright � 2013 Stellar Diamonds plc, All rights reserved.
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Stellar Diamonds plc
355 The Strand
London, Eng WC2R 0HS
United Kingdom

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Data and Statistics for these countries : China | Guinea | India | Sierra Leone | United Kingdom | All
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Stellar Diamonds Limited

DEVELOPMENT STAGE
CODE : STEL
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Stellar diamonds is a diamonds exploration company based in United kingdom.

Stellar diamonds holds various exploration projects in Guinea and in Sierra Leone.

Its main asset in production is BOMBOKO in Guinea, its main asset in development is KONO in Sierra Leone and its main exploration properties are PIPE 3 & DYKES, EPL11 and TONGO in Sierra Leone.

Stellar diamonds is listed in United Kingdom. Its market capitalisation is GBX 507.7 millions as of today (US$ 601.6 millions, € 553.8 millions).

Its stock quote reached its lowest recent point on January 29, 2010 at GBX 10.04, and its highest recent level on October 31, 2024 at GBX 27.50.

Stellar diamonds has 18 460 000 shares outstanding.

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In the News and Medias of Stellar Diamonds Limited
3/12/2018Newfield acquires Stellar Diamonds for $23.6 million
3/5/2018Stellar Diamonds mulls takeover offer as losses deepen
3/1/2018Stellar Diamonds Sierra Leone project takes key step forward
10/16/2017Stellar Diamonds soars on $1.25 million-sale of Guinea asset...
9/26/2017Stellar Diamonds pays for the Tongo environmental licence
8/14/2017Stellar Diamonds extends sale of Guinea assets, refinances l...
Financings of Stellar Diamonds Limited
4/26/2011Directors Share Purchases
Nominations of Stellar Diamonds Limited
4/1/2011Appointment of Nominated Adviser Appointment of Joint Broke...
Project news of Stellar Diamonds Limited
2/14/2013COMMENCEMENT OF ECONOMIC SCOPING STUDIES
9/18/2012High Diamond Grade and Large Diamonds from Bulk Sampling of ...
4/2/2012(Droujba)Significant Maiden Diamond Resource at Droujba Kimberlite Pi...
2/6/2012(Kono)Encouraging Diamond Grades from Lion-5 Kimberlite Project in...
1/19/2012(Tongo)Encouraging Diamond Grades and Values at Tongo Kimberlite Pr...
8/16/2011(Tongo)Drilling underway at Tongo Project in Sierra Leone
8/10/2011Independent Consultant Appointed for Maiden Resource Estimat...
7/11/2011(Tongo)Progress Update on Tongo Kimberlite Dyke Project in Sierra L...
6/27/2011(Droujba)Drilling Update on Droujba Kimberlite Pipe, Guinea
3/15/2011HIGHLY ENCOURAGING DIAMOND GRADES FROM BOURO KIMBERLITE PROJ...
2/15/2011(Tongo)Encouraging Diamond Grades From Tongo Kimberlite Project In ...
Corporate news of Stellar Diamonds Limited
3/19/2013INTERIM UNAUDITED SIX MONTH RESULTS TO 31 DECEMBER 2012
2/5/2013SHARE PLACING AND SUBSCRIPTION
11/13/2012Holdings in Company
10/24/2012Further Investment by Major Shareholder
10/24/2012FINAL RESULTS FOR THE YEAR ENDED 30 JUNE 2012
10/9/2012Change of Registered Office Address
10/2/2012Encouraging Microdiamond Results from Katcha Kimberlite in G...
9/26/2012(Droujba)Large Diamonds and High Grades from Bulk Sampling of Droujba...
9/11/2012(Tongo)Completion of Resource Expansion Drilling at Tongo Kimberlit...
8/6/2012High Diamond Grades from Bulk Sampling of the Katcha Dyke in...
7/31/2012(Tongo)Tongo Licence Renewed in Sierra Leone
7/27/2012Director Shareholding
7/5/2012(Tongo)Resource Expansion Drilling at Tongo Kimberlite Project=2C S...
6/25/2012(Droujba)Further Encouraging Diamond Grades from Bulk Sampling of the...
5/31/2012Total Voting Rights
5/21/2012RESULT OF GENERAL MEETING
5/2/2012PROPOSED PLACING AND CAPITAL REORGANISATION
4/12/2012(Kono)High Diamond Grades and Values from Lion-5 Kimberlite in Kon...
4/12/2012(Kono)Kono Licence Dispute
3/26/2012(Tongo)Significant Maiden Diamond Resource at Tongo Kimberlite Dyke...
2/22/2012(Droujba)Large Diamonds Recovered from Bulk Sampling at Droujba Kimbe...
1/31/2012INTERIM UNAUDITED SIX MONTH RESULTS TO 31 DECEMBER 2011
12/19/2011(Droujba)Further Encouraging Microdiamond Results for Droujba Kimberl...
11/28/2011(Droujba)Resource Drilling Completed on Droujba Kimberlite Pipe in Gu...
9/26/2011Notice of Results
9/13/2011(Droujba)Progress Update on Droujba Kimberlite Pipe
6/13/2011Change of Registered Office Address
4/19/2011(Droujba)Further Encouraging Microdiamond Results from Droujba Kimber...
4/13/2011(Droujba)Encouraging drilling results from the Droujba kimberlite pip...
3/28/2011RESULT OF GENERAL MEETING
3/10/2011Proposed Placing To Raise =A36.2 Million
3/4/2011Interim Unaudited Six Month Results To 31 December 2010
2/21/2011Strategic and Operational Update
6/30/2010Bulk Sampling to Commence on Tongo Kimberlite in Sierra Leon...
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AIM (STEL)
27.50-1.26%
AIM
GBX 27.50
10/31 12:55 -0.350
-1.26%
Prev close Open
27.85 27.83
Low High
27.48 27.91
Year l/h YTD var.
21.47 -  27.93 0.255%
52 week l/h 52 week var.
21.47 -  28.83 26.20%
Volume 1 month var.
33,234 10.49%
Produces
Develops Diamonds
Explores for
 
 
 
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