18 Feb 2015 07:00
NOT FOR DISTRIBUTION IN THE UNITED STATES OR FOR DISSEMINATION TO US NEWS WIRE SERVICES.
18 February 2015
AIM: STEL
Stellar Diamonds plc
("Stellar" or the "Company")
ANNUAL REPORT AND UPDATE
Stellar Diamonds plc, the AIM quoted (AIM: STEL) diamond mining and exploration company focused on West Africa, announces that the Company's 2014 Annual Report can now be found on its website on the following link http://stellar-diamonds.com/investors/financial-statements.
The Company's updated presentation can also be found on the website on the following link http://stellar-diamonds.com/investors/presentations along with recent photographs from the Baoulé Kimberlite Pipe Project in Guinea where Trial Mining is currently taking place (http://stellar-diamonds.com/operations/photo-gallery/baoule).
The Company further reports that the first two small exports of the Baoulé diamond production, of approximately 2,350 carats, have now been prepared and are ready for sale. Though rough diamond prices have been soft since Q4-14, some producers have indicated that prices may now be stabilising. Stellar will now offer the Baoulé goods, as well as other diamond inventory from other projects of approximately 3,700 carats, for sale in Antwerp, which when sold will represent first revenues from the planned cycle of exports during 2015 from Baoulé.
** ENDS **
For further information contact the following or visit the Company's website at www.stellar-diamonds.com.
Karl Smithson, CEO Philip Knowles, CFO | Stellar Diamonds plc Stellar Diamonds plc | Tel: +44 (0) 20 7010 7686 Tel: +44 (0) 20 7010 7686 |
Colin Rowbury Jo Turner Emma Earl | Daniel Stewart & Company plc (Broker) Cairn Financial Advisers (Nomad) | Tel: +44 (0) 20 7776 6550 Tel: +44 (0) 20 7148 7900 |
Lottie Brocklehurst | St Brides Partners Ltd | Tel: +44 (0) 20 7236 1177 |
Hugo de Salis | (Financial PR) | Tel: +44 (0) 20 7236 1177 |