News

Diamond Fields halts operations off Namibian coast

Has not set a date when to resume operations

diamond world news service

Mining company - Diamond Fields International Ltd (DFI) has for sometime stalled its operations at its DF Discoverer mining vessel, which is located off the coast of Namibia. The company has not decided on when to resume operations owing to the uncertain economic slowdown. The reduction of diamond prices is also one of the reasons for operations to come to a halt.

Putting on a positive outlook, the company is however is readying itself to undertake drilling at its Liberia gold discovery in January along with the project’s joint venture partners Silverhill Enterprises Ltd. and Ducor Inc.


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