Diamond Fields Resources

Diamond Fields International entered a private placement agreement. GMP and Haywood will raise up to C$5-million at 35 cents a unit.

Diamond Fields identified five new kimberlite targets at Grand Cape. A total of 63 stream sediment samples yielded six high-priority target areas.

Diamond Fields posted interim results for six months to Dec. 31, 2004. Net earnings hit $362,172, reversing a $1,069,300 loss a year earlier.

Diamond Fields reported new gold, diamond results from Liberia work. Barteajan soil samples returned 17.7 grams per tonne gold.

Diamond Fields reports early results from Grand Cape, Liberia. Stream sediment samples yielded five kimberlitic garnets and over 1,000 ilmenites.

Diamond Fields released its year-end review of global projects. Namibian diamond mining recovered 52,826 carats over four months in 2004.

Diamond Fields updated Greenland exploration and Namibia mining plans. Marine diamond mining off Namibia is due to resume in March 2005.

Diamond Fields Int'l reported first-quarter financial results. Net earnings reached $822,159 for the three months ended Sept. 30, 2004.

Diamond Fields leased the new Sea Diamond Miner suction dredge. It can buy the patent for $400,000 within two years.

Diamond Fields won a Namibian court tender for a mining vessel. It plans to resume mining in about six months after upgrades.