Public Companies

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.

Diamond Fields amends agreement with Discoverer Ltd. shareholders. It abandons the Finland diamond licences and 2.25-million-share, $656,000 payment.

Diamond Fields sold 7,968 carats from its Samicor joint venture. The parcel fetched US $1,592,400 at $199.86 per carat.

Diamond Fields reported initial drilling results at Ogna, Norway. Drilling ran 1,280.7 metres from May 25 to June 17, 2004.

Diamond Fields options two Liberian projects from Ducor Minerals. The Gbapolu and Grand Gedeh properties total 1,813.72 square kilometres.

Diamond Fields agrees to acquire Finland diamond exploration licences. DFI will pay 2.25 million shares plus $656,000 (U.S.) in costs.