Stellar Diamonds is an AIM listed diamond mining company with projects in Guinea and Sierra Leone.
PPM has undertaken a number of projects for this company and has recently completed a Preliminary Economic Assessment (PEA) for their Tongo project which was successful in deriving a strong economic case for the mining of the Tongo kimberlites. Instrumental in this was the unique open bench mining method developed by PPM to gain early access to the kimberlite fissures from surface whilst completing the essential underground access. This innovative new mining method dramatically improved the early cash flows for the project, thereby enhancing the projects financial profitability.
The PEA has proved beneficial to Stellar Diamonds in advancing this project into production in the near future.
This innovative approach to new projects cements PPM’s vision of “Shifting Paradigms and Creating Opportunities”