Stellar Diamonds is "on course to deliver substantial value to shareholders," Northland Capital Partners said last week after visiting the company's diamond mining operations in Guinea and Sierra Leone.



According to Northland, progress is being made on the Tongo and Droubja kimberlite projects. Analyst Andrew McGeary examined a selection of gem-quality diamonds from Tongo and noted that their sale could have a positive affect on the company's share price.



The Mandala alluvial diamond mining operation has also reportedly seen significant improvement after operations were moved to a new area with a high ore grade known as "Two Carats Flats."