Public Companies

Roger Daniel replaces Gregg Sedun as Diamond Fields' president, CEO. The move to Cape Town is set for early 2006.

Diamond Fields reported a first-quarter net loss and repaid debt. Net loss was $1.14-million versus a $811,898 profit a year earlier.

Diamond Fields closed the first tranche of its private placement. It issued 24,393,676 units on Nov. 7, 2005 for $4,878,735.

Diamond Fields negotiated a private placement to raise Cdn$5-million. Units include a warrant exercisable at 40 cents until June 2, 2008.

Diamond Fields reports fiscal 2005 results and project updates. Net loss was $3.8 million, or six cents per share, for the year ended June 30, 2005.

Diamond Fields International made its second diamond sale of 2005. The 2,373-carat parcel fetched $465,108 at $196 per carat.

Diamond Fields signed a second Inco agreement on Ammassalik nickel. Inco can earn 51% of the property by spending $1-million (U.S.) by Dec. 1, 2007.

Diamond Fields sold its first diamonds from the DF Discoverer. The 1,356-carat sale brought in $275,268 at $203 per carat.

Diamond Fields resumed diamond mining off Luderitz, Namibia. It marks the first time Diamond Fields has produced diamonds with its own vessel.

Diamond Fields closed its private placement on June 3, 2005. It raised $2.5-million in gross proceeds from 10 million units at 25 cents each.