Diamond Fields Resources

Diamond Fields International posted Q2 results for Dec. 31, 2005. Net loss widened to $2.89 million from a $362,172 profit a year earlier.

Diamond Fields advanced marine diamond mining and Liberia exploration. Diaz Reef grade estimates roughly doubled versus prior figures.

Diamond Fields finds kimberlite on Grand Cape licence in Liberia. Reconnaissance sampling has found 10 priority targets on the property.

Diamond Fields names Darren McDonald interim CFO as Hecker departs. The changes take effect Dec. 31, 2005, as Inco quits DFI's Greenland project.

Diamond Fields boosts Liberia exploration, advances Namibia mining. The board approved higher spending after positive grid sampling results.

Roger Daniel replaces Gregg Sedun as Diamond Fields' president, CEO. The move to Cape Town is set for early 2006.

Diamond Fields reported a first-quarter net loss and repaid debt. Net loss was $1.14-million versus a $811,898 profit a year earlier.

Diamond Fields closed the first tranche of its private placement. It issued 24,393,676 units on Nov. 7, 2005 for $4,878,735.

Diamond Fields negotiated a private placement to raise Cdn$5-million. Units include a warrant exercisable at 40 cents until June 2, 2008.

Diamond Fields reports fiscal 2005 results and project updates. Net loss was $3.8 million, or six cents per share, for the year ended June 30, 2005.