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Newfield Resources Pursues Joint Venture to Cut Costs at Tongo Diamond Mine
5:51pm on Sunday 1st of June, 2025 AEST
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Mining
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Newfield Resources Pursues Joint Venture to Cut Costs at Tongo Diamond Mine
5:51pm on Sunday 1st of June, 2025 AEST
Key Points
Tongo Diamond Mine development restricted pending funding solutions
Independent review confirms deposit quality and project potential
Negotiations underway for joint development to cut capital and operating costs
Postponement of Kundu Segment D bulk sampling pending partnership outcome
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