Australian miner Newfield Resources says it has secured finance to expand the development of its Tongo Diamond Mine, in Sierra Leone. It has entered into an asset purchase and sales agreement with New York-based DelGatto Diamond Finance Fund (DDFF), at a time when miners globally are struggling to attain credit. Details of the arrangement were […]

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The Delgatto Diamond Finance Fund held a well-attended roadshow at the Antwerp Diamond Club on January 28, presenting its range of asset-based financing programs for the diamond and jewelry industries. There was strong interest in its flexible financing options for the diamond industry, particularly in light of the withdrawal of banks from the sector. US-based […]

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