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Appointments 16 Apr 2024

Board Moves, April 16 2024

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Our board moves wrap includes Scott Thompson, Marc Phillips, Renaud Besnard, Peter Himes, Liqun Li, Troy Flannery, Stuart Macnaughton, Michael Spreadborough, Henk Ludik, Ping [Richard] He, Cameron O'Brien, Matthew O'Hara, Stefan Ross, Paul Niardone, Lachlan Reynolds, Nicholas Ong, Natalie Teo, Dermot O'Keefe, Nicholas [Nick] Vickery, David Coyne, Willie Bezuidenhout, Robert Ierace, and Robert Stevenson

Payday for Newfield with inaugural diamond sale Bulls N' Bears 25 May 2022

Payday for Newfield with inaugural diamond sale

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Diamond junior Newfield Resources has sold its first lot of diamonds produced from its mine in Sierra Leone for US$1.44 million at an average price of US$269 per carat. A total of 5330 carats were sold by tender, with single stones up to 9 carats in size. The sale was conducted by Bonas Group, the world's largest global independent diamond and gemstone auction house.

African diamond production in sight for Newfield Bulls N' Bears 01 Mar 2022

African diamond production in sight for Newfield

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Newfield Resources has boasted higher than expected recoveries as it surges ever closer towards production at its Tongo diamond mine development in Sierra Leone. The ongoing works will enable access to the ore body and the establishment of the first mining stopes, signalling the transition from explorer and developer to producer. Initial production is slated to commence in June 2022.

Newfield beefs up senior management as production looms Bulls N' Bears 22 Feb 2022

Newfield beefs up senior management as production looms

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Newfield Resources has appointed Charl Barnard as General Manager of its Tongo diamond mine in Sierra Leone. The new GM will hold the tiller as Newfield heads for diamond production. The Tongo diamond mine comprises two adjacent mining licenses covering a combined 134 square kilometres in eastern Sierra Leone. It has an indicated and inferred diamond resource estimate of 8.3 million carats.

Newfield substantially strengthens balance sheet Bulls N' Bears 24 Dec 2021

Newfield substantially strengthens balance sheet

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Newfield Resources has retired approximately $40 million worth of corporate bond debt and roughly $2.1m of associated accrued interest for its Tongo diamond mine in Eastern Sierra Leone. Additionally, the company raised $12.5 million through a capital raise with the combined exercise significantly strengthening its balance sheet and reducing long-term bond debt to zero.

Newfield recovers 5 carat diamond from Sierra Leone Bulls N' Bears 07 Dec 2021

Newfield recovers 5 carat diamond from Sierra Leone

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Newfield Resources continues to hit paydirt at its Tongo diamond concessions in eastern Sierra Leone. The Perth-based budding diamond producer has unearthed more “gem-quality” diamonds in the Peyima kimberlite located only 5km southeast of the current mine development on the Kundu and Lando kimberlites where production is slated to commence in the early months of 2022.

Newfield readies Sierra Leone mine for first diamonds Bulls N' Bears 03 Dec 2021

Newfield readies Sierra Leone mine for first diamonds

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Newfield Resources is pulling out all stops at its Tongo mine development in Sierra Leone as it gets set for a first run of diamonds. 845m of underground has now been dug and a return air way shaft is getting tantalisingly close to its targeted level. The Kundu decline is about to access the first mining level with services such as power, air and water pump stations constructed along the way.

Newfield punters in the money after $25m cap raise Bulls N' Bears 09 Nov 2021

Newfield punters in the money after $25m cap raise

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Newfield Resources has locked in just shy of $25m from 71m shares issued as part of a rights issue at 35c to advance its Tongo diamond project in Sierra Leone. The company's share price traded as high as 47c during intraday trading today and it will look to place the shortfall at the original price of 35c with a view to banking another $25m.

Appointments 24 May 2021

Board Moves May 24, 2021

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Our board moves wrap includes Boyd Timler, Davide Bosio, Peter Christie, Pedro Kastellorizos, Lionel Liew, Jack Spencer-Cotton, Jason Livingstone, Justin Barton, Michael Chaney, Robert Dennis, Alexandra Atkins, David Murray, and Thomas Lawrence.

Appointments 19 Apr 2021

Board Moves April 19, 2021

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Our board moves wrap includes Jan de Jager, Ben Cohen, Tara French, Nathan McMahon, Rod Sherwood, Ivan Gustavino, Dano Chan, Peter Evans, Anthony Ho, Richard Siemens, David White, Michael Wilson, Richard O'Brien, Raymond Lau, Wayne Knight, Jay Upton, Li Chen, Steven Apedaile, Simon Vertullo, Jason Titman, Howard Digby, and Josephine Bush.

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