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Stellar Diamonds
STEL: 5.13 0.00 ( 0.00 %) delayed: 07:15AM


  • Stellar Diamonds losses deepen as costs rise
    Monday 05 Mar 2018 09:16

    Stellar Diamonds posted a deeper first-half loss after expenses rose amid the development of its African mine prospects. The company, which didn't record any revenue for the period, posted a net loss of $984,928, compared to a loss of $663,145 a year earlier. Stellar Diamonds is the subject of...
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  • Stellar Diamonds starts early design work on African project
    Tuesday 20 Feb 2018 14:43

    Stellar Diamonds said early design work for the underground mine development of the Tongo-Tonguma project had commenced. A team of five consultants from contractors Paradigm Project Management and SRK Consulting had arrived on site to begin the various work streams associated with a front-end...
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  • Stellar Diamonds confirms receipt of unsecured loan
    Friday 09 Feb 2018 14:37

    Stellar Diamonds confirmed that it had received an unsecured $3m loan from Newfield Resources. The loan would be used for commencement of work on the front-end engineering design stage of the mine plan for the Tongo-Tonguma project, the company said. At 2:37pm: (LON:STEL) Stellar Diamonds PLC...
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  • Stellar Diamonds in advanced takeover negotiations
    Thursday 01 Feb 2018 09:36

    Stellar Diamonds is in advanced negotiations regarding a possible share offer for the entire issued and to be issued share capital of the company by Newfield Resources (NWF). Under the possible offer, Stellar shareholders would receive in aggregate 95.5 million shares in NWF, expected to equate...
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  • Stellar updates on disposal of Guinea assets
    Tuesday 28 Nov 2017 14:00

    Stellar Diamonds has confirmed that it has completed all necessary Guinean governmental tax payments and has received the required tax clearance certificates in relation to the disposal of its Guinea companies and assets to BDG Capital. BDG is completing its review of these documents after which...
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  • Stellar Diamonds gets mine licence
    Tuesday 24 Oct 2017 08:20

    Stellar Diamonds has been granted an environmental licence for its Tongo project by the government of Sierra Leone. It is now expected that the country's National Minerals Agency will draw up the Tongo Mining Licence for consideration and signature by the Minister of Mines and Mineral...
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  • Broker Forecast - Beaufort Securities issues a broker note on Stellar Diamonds PLC
    Monday 16 Oct 2017 14:10

    Beaufort Securities today reaffirms its speculative buy investment rating on Stellar Diamonds PLC (LON:STEL) and set its price target at 10p. Story provided by StockMarketWire.com
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  • Stellar Diamonds secures Guinea assets sale
    Monday 16 Oct 2017 08:27

    Stellar Diamonds has agreed to sell its assets in Guinea to a subsidiary of BDG Capital for a final purchase price of $1.25m Stellar has already received $0.5m of that amount. It will get the rest once it pays certain government taxes in Guinea of about $123,000, expected to occur later this...
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  • Stellar Diamonds completes share offer
    Tuesday 03 Oct 2017 08:12

    Stellar Diamonds said it has successfully raised £200,000 via a share offer. The offer of new shares at 3.25p each was oversubscribed, so excess entitlements were scaled back, the company said. At 8:12am: (LON:STEL) Stellar Diamonds PLC share price was 0p at 3.15p Story provided by...
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  • Stellar Diamonds pays for the Tongo environmental licence
    Monday 25 Sep 2017 08:06

    Stellar Diamonds paid $150,240 to the Sierra Leone Environmental Agency for the Tongo Environmental Licence. As previously stated, the Tongo Mining Licence has been approved by the Minerals Advisory Board subject to the issuing of the Environmental Licence. Once the Environmental Licence has...
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  • Director Deals - Stellar Diamonds PLC (STEL)
    Friday 15 Sep 2017 09:10

    Hansjorg Plaggemars, Non Executive Director, received in lieu of fees/salary 587,862 shares in the company on the 14th September 2017 at a price of 3.25p. The Director now holds 587,862 shares. Story provided by StockMarketWire.com Director deals data provided by www.directorsholdings.com
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  • Director Deals - Stellar Diamonds PLC (STEL)
    Friday 15 Sep 2017 09:10

    Karl Smithson, Chief Executive Officer, received in lieu of fees/salary 365,728 shares in the company on the 14th September 2017 at a price of 3.25p. The Director now holds 1,454,901 shares. Story provided by StockMarketWire.com Director deals data provided by www.directorsholdings.com
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  • Director Deals - Stellar Diamonds PLC (STEL)
    Friday 15 Sep 2017 09:10

    Lord Peter Daresbury, Chairman, received in lieu of fees/salary 565,439 shares in the company on the 14th September 2017 at a price of 3.25p. The Director now holds 1,833,733 shares. Story provided by StockMarketWire.com Director deals data provided by www.directorsholdings.com
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  • Stellar Diamonds extends exclusivity for Guinea assets sale
    Monday 14 Aug 2017 09:33

    Stellar Diamonds (STEL) has signed an extension of its exclusivity period with BDG Capital to complete the due diligence process in relation to the sale of Stellar's Guinea assets. The period has been extended to 31 August 2017 and may be further extended in order to complete the sale process....
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  • Stellar Diamonds changes registered address
    Wednesday 09 Aug 2017 13:04

    Stellar Diamonds has confirmed that the Company's registered address has changed to 40 Bloomsbury Way, Lower Ground Floor, London, WC1A 2SE, with immediate effect. At 1:04pm: (LON:STEL) Stellar Diamonds PLC share price was 0p at 4.75p Story provided by StockMarketWire.com
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  • Stellar Diamonds extends transaction longstop date
    Monday 03 Jul 2017 07:42

    Stellar Diamonds has agreed a two-week extension with Octea Mining to the longstop date for the satisfaction of certain of the conditions precedent of the binding Tribute Mining and Revenue Agreements in relation to the Tongo-Tonguma mine development project in Sierra Leone. This longstop date...
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  • FLASH: Stellar Diamonds extends transaction longstop date
    Monday 03 Jul 2017 07:12

    Story provided by StockMarketWire.com
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  • Director Deals - Stellar Diamonds PLC (STEL)
    Friday 09 Jun 2017 09:00

    Steven Poulton, Non Executive Director, bought 85,000 shares in the company on the 9th June 2017 at a price of 7.40p. The Director now holds 1,456,745 shares. Story provided by StockMarketWire.com Director deals data provided by www.directorsholdings.com
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  • FTSE 100 flies as UK hung parliament sees GBP dive
    Friday 09 Jun 2017 08:39

    London blue chips are racing ahead thanks to a markedly lower sterling caused by Britons returning a hung parliament in the general election. With 646 of 650 seats counted so far, the results included the Tories with 315 seats, Labour on 261, Scottish National Party at 35, the Lib Dems on 12 and...
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  • Director Deals - Stellar Diamonds PLC (STEL)
    Thursday 08 Jun 2017 10:10

    Steven Poulton, Non Executive Director, bought 155,000 shares in the company on the 7th June 2017 at a price of 6.08p. The Director now holds 1,371,745 shares. Story provided by StockMarketWire.com Director deals data provided by www.directorsholdings.com
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  • Director Deals - Stellar Diamonds PLC (STEL)
    Thursday 08 Jun 2017 10:00

    Karl Smithson, Chief Executive Officer, bought 1,098 shares in the company on the 7th June 2017 at a price of 5.51p. The Director now holds 1,117,012 shares. NOTE: Resulting purchase pursuant to ISA re-organisation. Story provided by StockMarketWire.com Director deals data provided by...
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  • Stellar Diamonds agrees to sell Guinea assets for $2m
    Monday 05 Jun 2017 07:31

    Stellar Diamonds has entered into a conditional binding Term Sheet with BDG Capital Ltd in relation to the proposed sale of its assets in the Republic of Guinea for $2m cash. It said $250 had been received as an exclusivity fee. There was a two-month period of exclusivity for due diligence and...
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  • FLASH: Stellar Diamonds agrees to sell Guinea assets for $2m
    Monday 05 Jun 2017 07:09

    Story provided by StockMarketWire.com
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  • Stellar Diamonds in FEED contract for Tongo-Tonguma Project
    Wednesday 03 May 2017 07:39

    Stellar Diamonds has entered a contract for the Front End Engineering and Design study (FEED) to be conducted for the underground mine development of the Tongo-Tonguma kimberlite dyke diamond project in Sierra Leone. This followed a Tribute Mining Agreement with Octea Mining Ltd announced last...
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  • FLASH: Stellar Diamonds in FEED contract for Tongo-Tonguma Project
    Wednesday 03 May 2017 07:12

    Story provided by StockMarketWire.com
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  • Stellar Diamonds inks Tongo-Tonguma tribute mining agreement
    Friday 28 Apr 2017 07:36

    Stellar Diamonds has signed a legally binding conditional Tribute Mining Agreement and Revenue Share Agreement with Octea Mining Ltd in respect of the Tongo-Tonguma kimberlite diamond project in eastern Sierra Leone. The deal created the potential for substantial near and long term cash flows...
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  • FLASH: Stellar Diamonds inks Tongo-Tonguma tribute mining agreement
    Friday 28 Apr 2017 07:12

    Story provided by StockMarketWire.com
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  • FLASH: Stellar Diamonds narrows H1 pretax loss
    Friday 31 Mar 2017 07:06

    Story provided by StockMarketWire.com
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  • Stellar raises £204k via placing
    Friday 24 Mar 2017 13:08

    Stellar Diamonds has confirmed that it will have raised gross proceeds of £203,751 through the issue of 3,704,567 new ordinary shares at a price of 5.5p per share. In addition, the Company announced that all resolutions were passed by shareholders at today's Annual General Meeting. At...
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  • Director Deals - Stellar Diamonds PLC (STEL)
    Wednesday 01 Mar 2017 09:50

    Steven Poulton, Non Executive Director, bought 250,000 shares in the company on the 28th February 2017 at a price of 4.95p. The Director now holds 919,576 shares. Story provided by StockMarketWire.com Director deals data provided by www.directorsholdings.com
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  • Director Deals - Stellar Diamonds PLC (STEL)
    Wednesday 01 Mar 2017 09:50

    Karl Smithson, Chief Executive Officer, bought 103,247 shares in the company on the 28th February 2017 at a price of 4.85p. The Director now holds 728,266 shares. Story provided by StockMarketWire.com Director deals data provided by www.directorsholdings.com
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  • Director Deals - Stellar Diamonds PLC (STEL)
    Wednesday 01 Mar 2017 09:45

    Lord Peter Daresbury, Chairman, bought 90,000 shares in the company on the 28th February 2017 at a price of 5.50p. The Director now holds 9,574,807 shares. Story provided by StockMarketWire.com Director deals data provided by www.directorsholdings.com
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  • Stellar Diamonds updates on fund-raise, suspension
    Monday 27 Feb 2017 09:17

    Stellar Diamonds (STEL) shares were restored to trading this morning after it completed a £324,500 placing at 5.5p a share. It also provided further details of a £250,000 open offer -- at one share for every 8.295 held -- and a director subscription of £20,000, both at 5.5p a share. The...
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  • FTSE 100 up on Bunzl, Convatec as insurers falter
    Monday 27 Feb 2017 08:57

    London equities began on a positive note with rises among in-the-news stocks Bunzl, Convatec and Persimmon, along with several miners and oil majors further back, more than offsetting falls among insurers. Soon after the open, FTSE 100 was up 23.57 points, or 0.33%, to 7267.27, and FTSE 250 was...
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  • FLASH: Stellar Diamonds updates on fund-raise, suspension
    Monday 27 Feb 2017 07:10

    Story provided by StockMarketWire.com
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  • FLASH: Stellar Diamonds updates on fund-raise, suspension
    Thursday 23 Feb 2017 07:10

    Story provided by StockMarketWire.com
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  • Stellar Diamonds updates on Tongo-Tonguma
    Monday 20 Feb 2017 07:49

    Stellar Diamonds says it no longer intends to acquire Tonguma Ltd or its mining licence from Octea Mining Ltd after talks with the latter ended, but has issued details of a so-called tribute mining agreement. Stellar and Octea intended to enter into a tribute mining agreement that would would...
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  • FLASH: Stellar Diamonds updates on Tongo-Tonguma
    Monday 20 Feb 2017 07:10

    Story provided by StockMarketWire.com
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  • Mining Roundup
    Thursday 22 Dec 2016 16:13

    SolGold (LON:SOLG) has revealed further copper finds at the Cascabel project in Ecuador. Highlights: - Drill Hole CSD-16-018 (Hole 18), is at a depth of 1829.7m, extending the rich lower portions of the Alpala deposit, and confirming the deepest mineralised intrusive body discovered at the...
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  • Stellar Diamonds more than doubles FY pretax loss
    Thursday 22 Dec 2016 07:19

    Stellar Diamonds has more than doubled its FY pretax loss to $7.06m, from a year-ago loss of $3.02m. Revenue was $499,725, from $614,228. Most of the latest loss was due to a $4.3m charge for the impairment on intangibles, from a $605,728 charge in the comparative period. "All the hard work...
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  • FLASH: Stellar Diamonds more than doubles FY pretax loss
    Thursday 22 Dec 2016 07:08

    Story provided by StockMarketWire.com
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  • Stellar Res. changes name to Primorus Investments
    Wednesday 07 Dec 2016 07:43

    Stellar Resources said that today its name has been changed to Primorus Investments plc. As of 7:00 am today, 7 December 2016, the Company will adopt the ticker PRIM. Story provided by StockMarketWire.com
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  • FLASH: Stellar Res. changes name to Primorus Investments
    Wednesday 07 Dec 2016 07:04

    Story provided by StockMarketWire.com
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  • Mining Roundup
    Wednesday 09 Nov 2016 15:59

    Rio Tinto (LON:RIO) has contacted regulatory authorities in the US and UK over the discovery of contractual payments totalling $10.5m to a consultant providing "advisory services" on the Simandou project in Guinea. The company said it had launched an investigation into the matter and that this...
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  • Stellar Diamonds inks JVs in Guinea and Liberia
    Wednesday 09 Nov 2016 07:22

    Stellar Diamonds has signed joint venture agreements with Citigate Commodities Trading over the company's Baoule kimberlite project in Guinea and two earlier stage exploration licences in western Liberia. The Company has a 75% interest in the Baoule Project and a 100% interest in the Liberia...
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  • FLASH: Stellar Diamonds inks JVs in Guinea and Liberia
    Wednesday 09 Nov 2016 07:12

    Story provided by StockMarketWire.com
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  • Mining Roundup
    Thursday 06 Oct 2016 16:11

    Firestone Diamonds (LON:FDI) has confirmed that all major construction activities are now complete at its Liqhobong diamond mine in Lesotho. Mining activities have started and commissioning of the processing plant is now in the final stages. Liqhobong is owned 75% by Firestone and 25% by the...
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  • Stellar non-exec steps down
    Thursday 06 Oct 2016 14:30

    Stellar Diamonds non-executive director Luis da Silva has resigned with immediate effect. da Silva will be stepping down to focus on his role as chief executive of GB Minerals Ltd as it debt finances and advances the Farim phosphate project in Guinea Bissau into development and production....
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  • Stellar encouraged by Tongo-Tonguma PEA
    Wednesday 05 Oct 2016 16:25

    Stellar Diamonds has announced the results of an independent preliminary economic assessment for the proposed Tongo-Tonguma mining project with Octea Mining. Stellar announced on 22 August s proposed transaction with Octea Mining to combine their adjacent Tongo and Tonguma diamondiferous...
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  • Mining Roundup
    Wednesday 05 Oct 2016 16:24

    Centamin (LON:CEY) says preliminary total gold production for the third quarter was 148,674 ounces, a 6% increase on the previous three months and a 41% increase on a year ago. Quarterly throughput at the process plant was 2,806kt, a 4% decrease on the previous quarter and in excess of its base...
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