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Newfield Resources Enters Sales Agreement with DelGatto Diamond Finance Fund

Newfield Resources has entered into an asset purchase and sales agreement with DelGatto Diamond Finance Fund (DDFF) for an initial amount of $1.2-million (before costs), payable within 12 months from future diamond sales, to assist with the continued development of the company’s Tongo diamond mine, in Sierra Leone, and for general working capital. Newfield took over Tongo in March 2018 when it acquired London-based Stellar Diamonds for $23.6m. Before that the mine was owned by Israeli diamantaire Beny Steinmetz, through Koidu Holdings, in which he held a controlling stake. ....

Sierra Leone , Karl Smithson , Beny Steinmetz , Koidu Holdings , Delgatto Diamond Finance Fund , Newfield Resources , London Based Stellar Diamonds , Delgatto Diamond Finance ,

Newfield Resources Ltd in agreement for initial US$1.2 million from future Tongo diamond sales

Newfield Resources Ltd (ASX:NWF) has entered an agreement with DelGatto Diamond Finance Fund (DDFF) for an initial amount of US$1.2 million (before costs),. ....

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Diamonds.net - BlueRock Cleared to Restart Mining

BlueRock Diamonds has resumed operations at its Kareevlei mine in South Africa following a weeklong shutdown over a possible safety breach.During the closure, the miner opened a new plant that will increase its annual output to between 40,000 and 43,000 carats nearly double its planned. ....

Rapaport United States Inc , Rapaport United States , Diamonds Net , Bluerock Diamonds , Delgatto Diamond Finance , Kareevlei Mine , Mike Houston , Apaport News , Rough Diamonds , South Africa ,

Diamonds.net - BlueRock Concerned over Cash-Flow Shortage

BlueRock Diamonds is in talks to receive financial help after operations at its Kareevlei mine in South Africa paused due to a possible safety breach.“The suspension has impacted near-term cash-flow expectations, exacerbated by the fact that there is no planned diamond tender in Kimberley [in. ....

Rapaport United States Inc , Rapaport United States , Diamonds Net , Bluerock Diamonds , Delgatto Diamond Finance , Department Of Mineral Resources And Energy , Kareevlei Mine , Apaport News , South Africa ,

TRADING UPDATES: Kier shareholders protest board pay; Ilika progresses

TRADING UPDATES: Kier shareholders protest board pay; Ilika progresses
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