DFI Namibia Mining Agreement Extended

Diamond Fields International (DFI) has extended it operating agreement with Gemfarm Investments for M.V. Anya for another six months. The ship is mining in DFI’s Marshall Fork deposit in the Luderitz Blue Bay Project area.

Jean-Raymond Boulle, Chairman and CEO of DFI say "We are pleased to extend the program with Gemfarm following successful diamond recovery operations during the four months the Anya has been mining in the Marshall Fork deposit”.

DFI’s Director of Operations, Roger Daniel adds, "M.V. Anya is currently undergoing repair, maintenance, and improvement and upgrade work in Cape Town. Dry dock congestion and increased scope of work as a result of Gemfarm's empowerment partner's requirement to upgrade the ship's Classification Society and change in its flagging state to South Africa have led to delays, with more port time required than originally anticipated."

Operations are scheduled to be resumed in mid-May.