Public Companies Archives

onNovember 14, 2003

Diamond Fields International Inc. Reports Year End Results

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.

onNovember 10, 2003

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

onOctober 21, 2003

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

onSeptember 30, 2003

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

onSeptember 24, 2003

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

onSeptember 17, 2003

Diamond Fields' mv Anya departed Cape Town for Luderitz Blue Bay. It resumes mining at Marshall Fork on Sept. 16, 2003.

onSeptember 15, 2003

Diamond Fields found kimberlite indicator minerals in Sierra Leone. Geologist Craig Mclean recovered a macrodiamond and two G10 garnets at Foindu.

onSeptember 8, 2003

Diamond Fields confirmed two large diamonds found in Madagascar. The stones weigh 23.82 and 8.39 carats, recovered near its concessions.

onSeptember 4, 2003

Diamond Fields began fieldwork on its Ammassalik Island nickel find. Chip sampling returned 1% nickel over 52 metres at the discovery outcrop.

onJuly 31, 2003

Diamond Fields agreed to acquire Boulle's exploration assets. The vendors receive no upfront payment, only a royalty on future production.