Stellar Diamonds talk future following Ebola announcement

PUBLISHED: Nov 09 2015 @ 13:02 | Comments (0) |

SIERRA LEONE DECLARED EBOLA-FREE

Stellar Diamonds plc, the London listed (LSE:STEL) diamond development company focused on West Africa, has welcomed the announcement made by the World Health Organisation on Saturday 7 November 2015 that Sierra Leone is Ebola-free after going 42 days without any new infections.

The Company, which is in the process of preparing the submission for its mining licence for the Tongo kimberlite diamond project in Sierra Leone, remains committed to supporting the recovery of Sierra Leone and the wider West African region.

Chief Executive Karl Smithson commented:

“Sierra Leone’s status as Ebola-free is a huge achievement for both the country and the people who supported the fight against the virus; we would like to congratulate the resilience and dedication shown by all those involved.

“Stellar has also played its part in the fight against Ebola in Sierra Leone and Guinea and through various initiatives has contributed to the well-being and protection of its employees and local communities.

“The Company will continue to support Sierra Leone and Guinea through ongoing project development. The Tongo project is moving through the mining licence application stage and hopefully towards mine development, which will create both extensive employment and numerous community development opportunities that will significantly contribute towards the post-Ebola economic recovery in Sierra Leone. We note that whilst Ebola cases remain in Guinea these are dwindling and we hope that in the near future the virus can be fully eradicated from both Guinea and the West African region as a whole.”

CLICK HERE TO REGISTER FOR FREE ON ADVFN, the world's leading stocks and shares information website, provides the private investor with all the latest high-tech trading tools and includes live price data streaming, stock quotes and the option to access 'Level 2' data on all of the world's key exchanges (LSE, NYSE, NASDAQ, Euronext etc).

This area of the ADVFN.com site is for independent financial commentary. These blogs are provided by independent authors via a common carrier platform and do not represent the opinions of ADVFN Plc. ADVFN Plc does not monitor, approve, endorse or exert editorial control over these articles and does not therefore accept responsibility for or make any warranties in connection with or recommend that you or any third party rely on such information. The information available at ADVFN.com is for your general information and use and is not intended to address your particular requirements. In particular, the information does not constitute any form of advice or recommendation by ADVFN.COM and is not intended to be relied upon by users in making (or refraining from making) any investment decisions. Authors may or may not have positions in stocks that they are discussing but it should be considered very likely that their opinions are aligned with their trading and that they hold positions in companies, forex, commodities and other instruments they discuss.