Public Companies

Diamond Fields petitioned Yukon's court over dissident proxies. It wants proxies solicited by the Boulle group ruled invalid before the Nov. 21 AGM.

Trans Hex filed a counterclaim against Diamond Fields International. It seeks up to US$26.8-million in alternative damages.

MIL (Investments) SARL, owned by Jean-Raymond Boulle, filed a dissident proxy circular on Nov. 1, 2002 to replace Diamond Fields International's board at its Nov. 21, 2002 annual meeting.

Diamond Fields International has hired Gemfarm Investments to resume contract mining at its ML111 deposits near Luderitz, Namibia, starting around Nov. 15, 2002.

Diamond Fields International's board urged shareholders to reject a dissident proxy bid by largest shareholder Jean-Raymond Boulle ahead of the Nov. 21, 2002 AGM.

Diamond Fields International filed a damages claim against Trans Hex Group in the Cape Town High Court over the 2002 suspension of Marshall Fork mining.

Diamond Fields International has concluded a purchase agreement for a 3,887-gross-ton vessel that will become its first fully owned and operated diamond mining vessel.

Diamond Fields recovered more than 23,000 carats, including a 17.42-carat stone, from six months of mining at the MF5 portion of Marshall Fork off Luderitz, Namibia.

Diamond Fields International was awarded an exclusive prospecting permit for Sea Area 14(b), roughly 220 kilometres north of Cape Town off South Africa's west coast.

OPIC has confirmed its commitment to $15 million in project financing for Diamond Fields International to acquire vessels for its Luderitz diamond concessions in Namibia.