Diamond Fields Resources

Exploration Capital Partners acquired Diamond Fields receipts. The Dec. 1 deal lifted its stake to 5.5% of outstanding shares.

Diamond Fields secured shareholder approval for its financing. The Dec. 17, 2003 approval released $4.14-million in receipts issued Nov. 28.

Diamond Fields posted a Q3 net loss on Namibia vessel delays. It lost $316,377 for the period ended Sept. 30, 2003.

Diamond Fields completed private placements worth $8.1-million. It issued 6.6 million units and 6.9 million subscription receipts at 60 cents each.

Diamond Fields International recovered 5,394 carats of diamonds. Output ran Sept. 30 to Nov. 17, 2003, off Luderitz, Namibia.

Diamond Fields International reported fiscal 2003 year-end results. Revenue fell to $1.9-million from $2.9-million amid a six-month mining halt.

Diamond Fields optioned Madagascar's Valozoro nickel deposit. It holds a historical 65,000-tonne contained-nickel resource at 1.75% grade.

Diamond Fields negotiates $8.1-million in private placements. Proceeds will fund Namibian diamond work and debt repayment.

Diamond Fields resumes diamond mining via MV Anya in Namibia. Proceeds will fund exploration in Sierra Leone, Madagascar and Greenland.

Diamond Fields International appoints Edward Mercaldo senior adviser. He was DFR's CFO when Inco bought it for $4.3-billion in 1996.