Diamond Fields Resumes Marine Diamond Mining

Sep 30, 2003 | 2003, Corporate News

Diamond Fields International Ltd. (TSX:DFI) is pleased to announce that the contract mining vessel mv Anya has resumed production in DFI’s Marshall Fork marine diamond deposit in Luderitz Bay, Namibia.

Mr. Gregg Sedun, President and CEO of Diamond Fields comments: “Resumption of diamond production marks the beginning of a new phase in the development of DFI as a mining and exploration company. Upon the Company achieving positive cash flow in Namibia, proceeds will be directed towards expanding DFI’s marine diamond resource base and funding current diamond and nickel exploration projects in Sierra Leone, Madagascar and Greenland.”

“Gregg J. Sedun”
Gregg J. Sedun, President and Chief Executive Officer
For further information contact: Earl Young (1-214-219-1439)
Website: www.diamondfields.com

Forward-Looking Statements:

Statements in this release that are forward-looking statements are subject to various risks and uncertainties concerning the specific factors identified in the Diamond Fields’ periodic filings with Canadian Securities Regulators. Such forwardlooking information represents management’s best judgment based on information currently available. No forwardlooking statement can be guaranteed and actual future results may vary materially. Diamond Fields does not assume the obligation to update any forward-looking statement.

More News