Public Companies

Diamond Fields reported a narrower net loss for its December quarter. It lost $384,641 (U.S.) versus $593,957 a year earlier.

Diamond Fields International appoints Kenneth Hecker COO and CFO. The appointment is effective immediately.

Diamond Fields formed a 50/50 joint venture with Samicor Mining. Mining on licence ML111 near Luderitz restarts by the end of May 2004.

Diamond Fields reported 2003 Greenland nickel field results. Mapping extended the prospective horizon to over 40 km ahead of an airborne survey.

Diamond Fields suspends its Namibian marine diamond operations. Sales in December 2003 and January 2004 totalled 6,292 carats at US$145.82 per carat.

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

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