Newfield Resources (ASX:NWF)

Karl Smithson
Exec Director
Market Cap (AUD): 300.82M
Sector: Materials
Last Trade (AUD): 0.405 +0 (+0%)
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1. About

Newfield Resources (ASX:NWF) is a growing and dynamic diamond exploration and development company. In early 2018, the Company acquired Stellar Diamonds plc, a company listed on the London Stock Exchange (AIM).  The key shareholders of Newfield have wide ranging business interests including property development, pharmaceutical, building materials and education.

The projects consolidated by the acquisition are situated in the major diamond producing areas of Sierra Leone and Liberia.  The Company’s flagship asset is the high-grade and high-value Tongo Mine Development located in the Eastern Region of Sierra Leone.  The Tongo Mine Development combines kimberlite dyke hosted diamond resources on two adjacent mining licences that cover over 134 square kilometres and host 11 known kimberlites.

2. Business model

3. Strategy

4. Markets

5. Competition

6. History

7. Team

8. Financials

9. Risk