Newfield Resources
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Newfield Resources is a mining company based in Nedlands, Western Australia, with over 20 years of experience in the exploration, development, and mining of diamond deposits in the West African region. Their flagship asset, the Tongo Diamond Development in Sierra Leone, has reached the production stage and is positioned to generate revenue from its initial mine plan.
The Tongo project features one of the highest graded diamond deposits worldwide, boasting an impressive JORC Resource of 83 million carats. With substantial investments and advanced underground infrastructure, the mine exceeds initial mining grade forecasts, showcasing an average of 216 USD per carat from its first two sales, significantly above the global average diamond price.
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