Diamond Fields Resources

Diamond Fields International names Earl Young CFO and secretary. Gooroodeo Sookun resigned those roles but stays on the board.

Namibia renewed Diamond Fields' ML32 mining licence near Luderitz. The 10-year renewal covers over 17,600 hectares of seabed.

Diamond Fields closed a $1,128,000 private placement financing. The company issued 8,355,556 shares at 13.5 cents on Nov. 25, 2011.

Diamond Fields updated its Atlantis II resource to include manganese. ACA Howe pegs 80.9 million tonnes at 2.69% Mn, totaling 2.18 million tonnes.

Diamond Fields International releases NI 43-101 resource estimate. The report will be filed on SEDAR within 45 days.

Diamond Fields confirmed gold in Atlantis II Red Sea cores. Values up to 2.76 g/t, far above prior 0.5 g/t estimates.

Spirit Resources Sarl plans to buy more Diamond Fields shares. It may acquire up to 5% of DFI shares over the next 12 months.

RV Poseidon surveyed Diamond Fields' Atlantis II JV licence area. A resource statement is due by the end of March, with results expected in Q2 2011.

Diamond Fields is pursuing arbitration against Liberia's government. It alleges wrongful termination of the Henry Town gold licence.

Diamond Fields International reports no material events to announce. IIROC prompted the statement amid a sharp TSX price jump today.