Public Companies

Diamond Fields reported a positive operating margin for the quarter ended Sept. 30, 2001, from its diamond joint venture with Trans Hex Group.

Diamond Fields' new mining vessel mv Namakwa began operations at the Marshall Fork feature near Luderitz, Namibia, replacing the mv Ivan Prinsep.

Diamond Fields and Trans Hex's mv Namakwa left Cape Town for sea trials ahead of full-scale diamond mining offshore Luderitz, Namibia in early November.

Trans Hex and Diamond Fields International's Namibian joint venture has recovered over 6,000 carats in three months, with individual trenches showing grades above five carats per square metre.

Diamond Fields-Trans Hex joint venture recovered over 9,600 diamonds weighing more than 3,100 carats in the first five weeks of commissioning at Marshall Fork, offshore Luderitz, Namibia.

Diamond Fields reports diamond recovery exceeding expectations during commissioning of the mv Ivan Prinsep at the Marshall Fork feature offshore Luderitz, Namibia.

Diamond Fields and Trans Hex began commissioning the mv Ivan Prinsep at Marshall Fork, Namibia on May 24, 2001, ahead of schedule.

Diamond Fields International appointed Charles F. Heyes as engineering manager and Ivor J. Jones as metallurgical manager ahead of marine diamond production offshore Luderitz, Namibia.

Diamond Fields appointed Roger J. Daniel as director of operations, while Mark Collins and Daniel Johnson resigned as officers and directors of the company.

Trans Hex Group has acquired the mining vessel Ivan Prinsep from Namibian Minerals Corp and will place it into commercial operations at Marshall Fork by mid-June, about 5.5 months ahead of schedule.