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.