Diamond Fields Resources

Diamond Fields Resources confirmed mining restarted offshore Namibia. The restart covers its ML111 licence in Namibian waters.

Diamond Fields updated its Beravina zircon project in Madagascar. Test work concentrated zircon to 50 to 58 per cent ZrO2.

Diamond Fields Resources will resume diamond mining offshore Namibia. The Ya Toivo vessel returns to ML111 in November 2018.

Diamond Fields Resources extended its IR deal with Aura Financial. It also raised its option plan to 6,789,000 shares and granted 1,837,200 options.

Diamond Fields closed its private placement and debt settlement. It issued 20,550,666 shares on May 29, 2018, eliminating all long-term debt.

Diamond Fields plans a private placement and debt settlement. It will raise up to $1-million and issue 14,078,170 shares to settle $1,759,771 owed.

Diamond Fields Resources has appointed Philip Murphy as director. He led the $92-million (US) sale of Madagascar's Toliara sands project in 2018.

Diamond Fields named Jean Lindberg Charles as CFO and secretary. He replaces Earl Young effective March 19, 2018.

Diamond Fields began a work programme on its Beravina project. Work is due by Q2 2018, ahead of further drilling for an NI 43-101 estimate.

Diamond Fields appoints David Reading to its board of directors. He also received 400,000 stock options at 14.5 cents each.