Stellar Diamonds
Stellar Diamonds plc is a listed diamond production and development company that was formed from the merger of Stellar Diamonds Limited and West African Diamonds plc. The Company has a portfolio of projects in West Africa. Two projects in Guinea are in production, Mandala and Bomboko, which provide robust cash flow to Stellar. Mandala has produced over 78,000 carats whereas Bomboko has produced over 4,000 carats (to 28 June 2010), generating over $2.7 million in revenue. Both production projects are currenly undergoing expansion programmes that will increase monthly carat production and revenues to the Company. Stellar also owns rights over four high-grade kimberlites that are the focus of further development.