|Diamond development company Stellar Diamonds plc (Stellar), has confirmed that the company's Tongo kimberlite development project (Tongo) in Sierra Leone has been awarded an Environmental Licence from the Environmental Protection Agency of the Government of Sierra Leone. It is now expected that the National Minerals Agency will draw up the Tongo Mining Licence for consideration and signature by the Minister of Mines and Mineral Resources.
Commenting on the license, Stellar's Chief Executive Karl Smithson says, "The receipt of the Environmental Licence marks an important milestone in the proposed development of the Tongo deposit into commercial production."Continues Smithson: "The next milestone will be the drafting of the Tongo Mining Licence. Tongo forms part of the proposed 4.5 million carat combined Tongo-Tonguma mine development which has the potential to be the second largest hard rock diamond mine in West Africa and have one of the highest $/t kimberlite ore values globally. We look forward to providing a further update in due course."