DFI Hits Record Diamond Sales Prices

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[{"type":"text","content":"\n\n\n\nSYMBOL: DFI\n\n\nVANCOUVER, April 28 /CNW/ - Diamond Fields International Ltd. (DFI:TSX)\n("DFI" or the "Company") is pleased to announce that its most recent diamond\nsales conducted through Diamond Tenders, Belgium, DFI's partially-owned\ndiamond marketing company in Antwerp, Belgium, achieved record prices. The\nCompany sold 1,958.19 carats at an average price of $258.36 USD per carat, a\n21% increase over last year's average sale price of $213 USD per carat. Total\ncarats recovered for the month of March was 2,763.28, the Company's best month\nsince May 2007, and the third best month since January 2007. Ship availability\nto mine, meaning the amount of time the mv DF Discoverer was actually mining,\nexceeded 80% during March: an all-time high. Total carats recovered to the end\nof the first-quarter 2008 totalled 5,882.74 on 15,626 gem quality stones, with\nan average weight of 0.38 carats per stone.\n\n\nCommenting on the results, Wayne Malouf, DFI's CEO said, "Obviously\nmanagement is very pleased with the improved production figures. They are\ndirectly attributable to an overhaul of the marine operation in February\nconducted by Joe Martin, Peter Schroeder and their marine team. Most important\nis the significant improvement in ship availability, a prerequisite in our\nprogram to make the marine operation more efficient."\n\n\nDIAMOND FIELDS INTERNATIONAL LTD.\n\n\n"Wayne Malouf"\n\n\nWayne Malouf, Chief Executive Officer\n\n\nForward-Looking Statements:\n\n\nStatements in this release that are forward-looking statements are\nsubject to various risks and uncertainties concerning the specific factors\nidentified in Diamond Fields' periodic filings with Canadian Securities\nRegulators. Such forward-looking information represents management's best\njudgment based on information currently available. No forward-looking\nstatement can be guaranteed and actual future results may vary materially.\nDiamond Fields does not assume the obligation to update any forward-looking\nstatement.\n\n\n","length":2118,"tagName":"div"}]

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