Namibian Minerals Corporation Announces Third Quarter Results
Namibian Minerals Corporation reported third-quarter 2002 net profit of $96,000 (U.S.) on revenue of $15,214,000 from sales of 126,713 carats.
Boulle Wins Proxy Battle for Control of Diamond Fields Inte …
Jean-Raymond Boulle's dissident directors won control of DFI's board. About 66% of votes backed the slate at DFI's Nov. 21, 2002 AGM.
Diamond Fields Petition Dismissed by Court; Shareholders’ Mee …
Yukon's Supreme Court dismissed Diamond Fields' proxy challenge. Board size, five or nine seats, now hinges on the chair's rulings.
Dfi Annual General Meeting Adjourned
Yukon's Supreme Court adjourned Diamond Fields' 10 a.m. AGM. It was pushed to 6 p.m. pending a court ruling expected at 4 p.m.
Jean-raymond Boulle Will Vigorously Oppose Last Minute Petiti …
Boulle-controlled MIL will fight DFI's bid to block dissident proxies. DFI's annual meeting is set for Nov. 21, 2002.
Vessel Sails Towards Diamond Fields’ Luderitz Concessions
MV Anya sets sail toward Diamond Fields' Luderitz concessions. It is due to arrive within five days to resume mining.
Diamond Fields Seeks Court Declaration Invalidating Dissident …
Diamond Fields petitioned Yukon's court over dissident proxies. It wants proxies solicited by the Boulle group ruled invalid before the Nov. 21 AGM.
Diamond Fields Unfazed by Trans Hex Counterclaim; Surprised …
Trans Hex filed a counterclaim against Diamond Fields International. It seeks up to US$26.8-million in alternative damages.
Jean Raymond Boulle Responds to Diamond Fields International …
MIL (Investments) SARL, owned by Jean-Raymond Boulle, filed a dissident proxy circular on Nov. 1, 2002 to replace Diamond Fields International's board at its Nov. 21, 2002 annual meeting.
Mining to Resume at Diamond Fields’ Luderitz Concessions
Diamond Fields International has hired Gemfarm Investments to resume contract mining at its ML111 deposits near Luderitz, Namibia, starting around Nov. 15, 2002.