Diamond Fields Resources

Diamond Fields reports diamond recovery exceeding expectations during commissioning of the mv Ivan Prinsep at the Marshall Fork feature offshore Luderitz, Namibia.

Diamond Fields and Trans Hex began commissioning the mv Ivan Prinsep at Marshall Fork, Namibia on May 24, 2001, ahead of schedule.

Diamond Fields International appointed Charles F. Heyes as engineering manager and Ivor J. Jones as metallurgical manager ahead of marine diamond production offshore Luderitz, Namibia.

Diamond Fields appointed Roger J. Daniel as director of operations, while Mark Collins and Daniel Johnson resigned as officers and directors of the company.

Trans Hex Group has acquired the mining vessel Ivan Prinsep from Namibian Minerals Corp and will place it into commercial operations at Marshall Fork by mid-June, about 5.5 months ahead of schedule.

Diamond Fields International received formal approval from Namibia's Minister of Mines and Energy for its joint venture with Trans Hex Group to mine offshore licence 111.

Diamond Fields International and Trans Hex Group have signed a joint venture agreement to mine diamonds from two areas of Diamond Fields' offshore Namibian licence ML 111.

Diamond Fields International has received formal documentation for mining licence ML111, offshore Luderitz, Namibia, from the country's minister of mines and energy.

Diamond Fields will get a $2-million (U.S.) loan and 24-per-cent stake in Diamond Tenders (Belgium) N.V. in exchange for exclusive diamond marketing rights.

Namibia's Minister of Mines and Energy has given notice of intent to grant Diamond Fields International's Namibian subsidiary mining licence ML111 offshore Luderitz.