Stellar Diamonds – Resource Drilling Completed on Droujba Kimberlite Pipe in Guinea
Stellar Diamonds plc, (LSE:STEL) announced drilling at the diamondiferous Droujba kimberlite pipe project is finished.
Stellar Diamonds plc, (LSE:STEL) announced drilling at the diamondiferous Droujba kimberlite pipe project is finished.
The diamond market is raging back to life on the back of robust demand from China and India. In the west, diamond sales are rebounding since the economic collapse. Investing in the diamond market may seem challenging as many of the most power mining firms are privately owned. However, there are ways to enter into this lucrative market.
Israeil Diamond Portal.com reports that Stellar Diamonds (LON:STEL) Droujba kimberlite pipe has yielded good results
Proactive Investors.com reports that Stellar Diamonds (LON:STEL) has commenced a new drilling project, located near its' Mandala Diamond mine.
Diamond mining firms looking to cash in on higher prices and increased demand for stones are starting to ramp up production. The one major company that is curtailing operations, De Beers, is cutting production 5 percent per year for 5 years to increase mine life.
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