DFI Gets Back to the Water

Diamond Fields International (DFI) is in the process of restarting offshore marine operations on its Namibian concessions in a joint venture with International Mining and Dredging South Africa Limited SPV1 (IMD), a subsidiary of International Mining and Dredging Holdings, Limited (IMDH) and an associate company of Nutam Ltd. of Namibia.

Pursuant to an agreement between DFI’s Namibian subsidiary Diamond Fields (Namibia) (DFN) and IMD, DFN and IMD have begun a four-stage development program of DFN’s mining concessions ML-138, ML-139 and ML-111.

The first stage consists of deploying a survey vessel, the DP Star, to complete geophysical surveys in the concession areas. The second stage will use a sampling vessel to complete reconnaissance sampling of targets identified by the geophysical study. The third stage involves a sampling vessel to complete regional/bulk sampling and a preliminary resources assessment and preparation of a mining plan.

The program will ascertain the grade and size of diamond deposits, the available quality and diamond carat sizes, the nature of the overburden, the soils and the hard layer, and the economic and technical considerations for undertaking mining activities in the concession areas.

It will initially focus on identifying potential new resource areas, in particular buried palaeo-channel systems which are known to occur within the concessions, but have not previously been evaluated due to the technicalities of exploiting these.

The joint venture will utilize state-of-the-art sub-sea crawler systems that can excavate up to 17 meters of substrate, making these previously unavailable targets accessible.

The Namibian Government has approved joint operations between DFN and IMD late on June 3, 2015. Further to this, DFN has filed its application for renewal of ML-111, which license expires December 4, 2015.

 

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3rd International Congress Hydraulic Engineering Structures and Dredging

Russia’s leading maritime industry Media Group PortNews (www.portnews.ru) holds a traditional annual Congress “Hydraulic Engineering Structures and Dredging” in Moscow. 

The two-day Congress includes the 7th International Forum of Dredging Companies and the 3rd Technical Conference “Modern Solutions for Hydraulic Engineering”.

Infrastructure development is among the real sources of Russia’s economy growth. Construction of port facilities and new hydraulic engineering structures on the country’s inland waterways constitute an essential part of all infrastructure projects. It is important to take into account the best international practices to implement these projects effectively.

The program of the Congress will be devoted to the latest technologies for dredging and hydraulic engineering works. Speakers and delegates will refer to real projects to discuss specifics features of dredging works, as well as dedicated fleet and equipment involved.

To learn more about event, please, contact the organizing committee: snitko@portnews.ru

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