Diamond Fields International Ltd. Announces Operations Update

Gemfarm Investments Pty. Ltd. has advised Diamond Fields that the M.V. Anya is nearing completion of the work associated with the reregistration of the vessel to a new flag state (Honduras to South Africa) (SAMSA) and change of classification society (IRS to RINA).

Completion of the process has proved to be far more complex than Gemfarm originally anticipated, but Gemfarm reports that the additional time has allowed it to undertake major improvements, maintenance and refurbishment work, including:

improvement and upgrade to processing plant and operating systems;

service and overhaul of all mining and vessel related electrical, hydraulic and mechanical components;

improved diamond security systems;

improved safety and communication systems and equipment; and

replacement of outdated systems with new equipment.

Outstanding items for completion of the flagging and class society changes are the final RINA follow-up inspection, SAMSA final safety inspection, and issue of final documentation and certification. Gemfarm advises that estimated departure from Cape Town for Luderitz is now late July.

Gregg Sedun, president and chief executive officer of Diamond Fields, commented, “The M.V. Anya delays have been extremely frustrating for all concerned but we are now looking forward to the imminent resumption of mining with anticipated improved gem diamond production from the vessel in our Luderitz Blue Bay project area.”

WARNING: The company relies upon litigation protection for “forward-looking” statements.

Previous Article

Diamond Fields Announces Changes to Board and Management

Next Article

Diamond Fields Agrees to Acquire Extensive Collection of Diamond and Nickel Exploration Properties

Write a Comment

Leave a Comment

Your email address will not be published. Required fields are marked *

Subscribe to our newsletter