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ASX: NWF
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Newfield and the Tongo
Diamond Mine Development
Newfield Resources (ASX: NWF) is a resource company with a diamond mine under construction in Sierra Leone and highly prospective exploration licences in Liberia.
The Company’s flagship asset is the highly endowed Tongo Diamond Mine located in eastern Sierra Leone. Following the completion of a Front End Engineering and Design (FEED) study in 2019, the Company has progressed the mine development through 2020 with completion of significant surface and underground infrastructure. Underground development is focused on accessing kimberlite stopes to commence commercial production. This work has already achieved the intersection and first kimberlite ore from the Kundu ore reserve, and the processing and recovery of the first underground production diamonds from the Tongo Mine in December 2020.