|Alluvial diamond mining in Sierra Leone|
The reduced sales meant that Stellar lost $5.4 million in the fiscal year, amounting to a $15 million year-over-year loss for the firm, according to Diamond World.
In addition to its Mandala mine, Stellar operates the Droujiba project in Guinea and another project in neighboring Sierra Leone.
Just last month, Stellar had reported that its bulk sampling at a kimberlite pipe in Guinea had revealed a diamond grade of just under 100 carats per hundred tons of ore, surpassing its initial estimates of 71 carats per hundred tons. Mineweb reported that Stellar believed the site to contain significantly more carts than the 2.5 million inferred to it.