Diamond Fields Resources

Diamond Fields reported a wider Q3 net loss for fiscal 2006. The nine-month loss was $4.9 million, or 5 cents a share, versus $995,000 in 2005.

Diamond Fields reports a delay in filing its Q3 2006 statements. BC regulators may issue a cease trade order if it is not filed by May 23, 2006.

Diamond Fields delayed filing its third-quarter 2006 report. The TSX granted an extension to May 19, 2006.

Diamond Fields recovered a gem-quality diamond from a Liberia pit. Its Namibian mining vessel pauses from June 7 for a $1.5-million refit.

Diamond Fields sold 2,630 carats from its Namibian marine operations. The sale grossed $526,149 (U.S.) at $200 per carat.

Diamond Fields signed a joint operation deal with Bonaparte. Bonaparte will spend $500,000 over three years to earn a 50% stake.

Diamond Fields sold rough diamonds from its Namibian marine operation. The sale of 1,815 carats brought gross proceeds of $396,249 (U.S.).

Diamond Fields identified a second kimberlite outcrop in Liberia. The Bravo 2 zone sits within 100 metres of the first kimberlite, Bravo 1.

Moydow Mines and Diamond Fields agreed to merge Feb. 28, 2006. Moydow holders will get 75,412,208 shares for a 40 per cent stake.

Diamond Fields International is relocating its corporate office. The move to Cape Town, South Africa takes effect March 1, 2006.