The Tongo Diamond Mine is at the production stage Top quality gem diamonds produced US$80 million expenditure on mine construction 8.3 million carat resource and reserve View Corporate Video

Newfield’s key project is the Tongo Diamond Mine in eastern Sierra Leone, which is at the production stage. The mine hosts a JORC compliant 8.3 million carat resource, of which 1.1 million carats is declared as a probable reserve. First production from Tongo has confirmed the high grade and high value status of the reserve. Two diamond sales, totalling over 12,000 carats, have realised an average sales value of $216 per carat, whilst in-situ mining grades of over 3 carats per tonne are being achieved.

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ASX: NWF

$0.13
Last updated: 
July 22, 2024

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July 22, 2024

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