News Flash

Roger Daniel is new CEO & President at Diamond Fields

05 Dec '05

3 min read

Canada based diamond producer Diamond Fields International Ltd announces that, with a view to reducing its overhead and to bring its management closer to its base of operations in Africa, it has decided to relocate its head office from Vancouver, B.C. to Cape Town, South Africa.

It is anticipated that the closing of the Vancouver office will bring about significant savings in overhead as DFI already maintains an operational office in Cape Town. The effective date of this transfer will occur in the first quarter of 2006 and will be announced in due course by the Company.

Further to this transition, the Company also announces that Gregg J. Sedun has stepped down as President and CEO of DFI to pursue other endeavors and has been replaced by Roger Daniel, DFI's current Director of Operations currently based in Cape Town.

Sedun will continue on as a Director of Diamond Fields and has agreed to assist the Company to make an orderly transition. On behalf of the Board of Directors, the Company would like to extend its appreciation to Sedun for his many significant contributions to the Company as well as his tireless effort in managing the Company's affairs over the last two years. We wish him the best of luck in his future endeavors.

The Company's new President and CEO, Roger Daniel, B.Sc., (Hons.) Geology, London, is a registered professional geologist and Fellow of the South African Institute of Mining & Metallurgy, with over thirty-five years world wide practical mining experience encompassing mineral exploration, project assessment, and mine and project management at both operating and board level.

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