See www.riverdiamonds.co.uk !!!

River Diamonds PLC
30 November 2007

30 November 2007
AIM: RVD



River Diamonds plc

('River Diamonds' or 'the Company')



Result of EGM



River Diamonds announces that all the resolutions proposed at the Company's EGM,
held today, Friday 30th November 2007, were duly passed.



Enquiries:


Colin Orr-Ewing, Executive Chairman Laura Llewelyn/ Beth Harris James Joyce / David Porter
River Diamonds plc Parkgreen Communications W.H. Ireland Limited
Tel: 020 7352 4117 Tel: 020 7851 7480 Tel: 020 7220 1666






This information is provided by RNS

Another possible name to enter the fray is Lesotho Diamonds. They are the biggest diamond producer in S Africa and they may be after a listing in London. If it is them, then we are onto a massive payout.

The other rumour going around at the mo, is that RVD may end up with 100% of the Emporer gold mine, this is why they floated extra shares to raise start up costs.

Whatever the truth, only time will tell. Until then, keep dreaming.

Latest RNS, RVD now hold 100% of the emporer gold mine in Fiji. They have made significant share placings with institutional holders at 6p per share. All they need now is share holder approval and were in the money.

50% dilution with new shares issued, but a significant increase in company value. This also makes TMP a bargain at the moment as they hold 280 million shares in RVD.

Yes looking good to me why the drop at TMP

To let their mates in.

>why the drop at TMP
>>To let their mates in.

Well seems they're now in, given that offer price (for TMP) went from to 2.25p in the morning to a peak of 3.75 in the afternon - before finishing at 3.5p.... ;-)

Merry xmas and happy new year everyone.

Possible return to trading third week of Jan 08.

Miners pulled out in time as FIRCA order stops fuel
Last updated 2/16/2008 9:20:15 AM
From: Fiji Sun

Mining at the Vatukoula gold mine was suspended because of shortage of fuel to provide electricity for mining. Vatukoula Mine Workers Association president Viliame Sikuri said miners working on the Thursday evening shift had to be pulled out of the mining shaft because there was no power to provide ventilation underground.
He said mine owner Westech was only informed after someone assigned to buy fuel was turned down by the bank because of a garnishee order placed by the Fiji Islands Revenue and Customs Authority.
The garnishee order by FIRCA has caused a lot of problems, not only to Westech but the whole mining community, he said.
The action taken by FIRCA was unacceptable because it didn't inform the company that a garnishee order was in place and resulted in all mining activity ending abruptly because there was no power.
He said FIRCA's actions could have cost lives.
We had to immediately pull the workers out because if the power had shut down, lives would have been lost, said Mr Sekuri.
FIRCA should have done the decent thing and inform Westech so it can prepare itself and mining could have continued without any interruptions.
FIRCA does not seem to understand the risk involved in mining. Some of the workers could have died and their negligence frustrates us more.
Westech has recently been stopped from exporting gold because of unpaid tax issue.
The mine employs over 500 people and hopes to recruit more people within the next three months if all goes well.
Efforts to get comments from FIRCA chief executive Jitoko Tikolevu last night were unsuccessful.

One National News

FIRCA considers proposal to lift stop order on gold export
19 Feb 2008 00:49:48

The Fiji Islands Revenue and Customs Authority is now considering a proposal from Westech to lift the stop order placed on its gold exports.

Chief Executive, Jitoko Tikolevu says they're conducting checks on the mining company and will hold a meeting before the end of the week to find an amicable solution.

Earlier this month, FIRCA stopped Westech Gold from exporting gold over what was described as the mining company's non-compliance with a tax assessment..

And over the past 10 days both parties have been holding discussions without anu resolution..

FIRCA is now carrying out further checks on the company..

Not giving much away, Tikolevu says while export dollars are at stake the company can't avoid its tax obligations..

Westech Gold last year had paid out a sum of seven hundred and 50 thousand dollars to FIRCA after a garnishee order was issued...

No comments could be obtained from Westech's managing Director Brian Wesson.

Any idea's on when they might return.

No idea, sorry.

FIRCA gives thumbs up for gold export
21 FEB 2008
-------------------------------------------------------------------------------From Fiji Online

A major breakthrough between the Fiji Islands Revenue and Customs Authority and Westech Gold Limited was reached today.

And as a result the company has been given the go ahead to continue with their gold export without any direct interference by FIRCA.

In a joint statement by the two parties this afternoon, it was announced that the arrangements, which include certain without prejudice payments by Westech, will ensure that the Vatukoula mine can continue to export gold while the partys tax dispute is decided by the courts.

It was also decided that this outcome is in the best economic interest in the country and will ensure the successful operation of the mine, the preservation of employment and resulting economic activity for the Vatukoula/Tavua community.

The statement also said that Westechs tax affairs are confidential.

Accordingly, no further details on these arrangements will be released by either party. shipment of gold that was bound for the overseas market was stopped from leaving the country two weeks ago on the orders of FIRCA following an internal investigation on allegations of tax evasion by the company.

That sounds like the most sensible solution. There's no point in hindering the companies ability to make money if you want them to pay their bills.

FIRCA gives thumbs up for gold export
21 FEB 2008
-------------------------------------------------------------------------------From Fiji Online

A major breakthrough between the Fiji Islands Revenue and Customs Authority and Westech Gold Limited was reached today.

And as a result the company has been given the go ahead to continue with their gold export without any direct interference by FIRCA.

In a joint statement by the two parties this afternoon, it was announced that the arrangements, which include certain without prejudice payments by Westech, will ensure that the Vatukoula mine can continue to export gold while the partys tax dispute is decided by the courts.

It was also decided that this outcome is in the best economic interest in the country and will ensure the successful operation of the mine, the preservation of employment and resulting economic activity for the Vatukoula/Tavua community.

The statement also said that Westechs tax affairs are confidential.

Accordingly, no further details on these arrangements will be released by either party. shipment of gold that was bound for the overseas market was stopped from leaving the country two weeks ago on the orders of FIRCA following an internal investigation on allegations of tax evasion by the company.

FIRCA approves Westech exports
Saturday, February 23, 2008

WESTECH Mining Ltd and the Fiji Islands Revenue and Customs Authority (FIRCA) have signed a mutual agreement allowing the mining company to export its gold abroad.

FIRCA chief executive officer Jitoko Tikolevu said both parties came to a mutual agreement late Thursday evening.

Mr Tikolevu said FIRCA would be paid a certain amount as part of the agreement.

However, he would not disclose the amount in taxes that WESTECH was to have paid up.

Operations at Vatukoula gold mine came to a halt in August last year after previous owners, Emperor Gold Mining decided to sell.

New owners Westech Gold could only begin full operations after they paid $750,000 owed to FIRCA, after which a garnishee order was lifted from their accounts.

Meanwhile, Westech chief executive officer Brian Wesson confirmed an agreement had been reached between both parties.

He said gold exports by Westech would not be stopped following the agreement between both parties.

"If we did not get it out today (yesterday) then I think we would get it out by Monday," he said.

"We had about 150 people waiting to be re-employed after the talks. These people were put off for a short while because things were at a standstill."

All sounds good I don't mind waiting for the relist and will be holding long term.

The past year has been a very significant one for River Diamonds. We began the
year as a small diamond exploration and development company and ended the year
with the Company well advanced to becoming a mid-cap gold mining company. Our
change in focus to a more diversified mining and exploration company has been
driven by our goal to secure a near production or producing asset

Gold production back on line
Last updated 3/1/2008 9:37:48 AM

Westech Gold Fiji Limited the new owner of the Vatukoula gold mine this week shipped out 504 ounces of gold.
Westech boss Brian Wesson confirmed this to Sunbiz. He said they had continued with business operations since sorting its tax issues with the Fiji Islands Revenue and Customs Authority.
He said they managed to complete maintenance work on one mining plants.
The company had been working on the plant since 2006. "This plant allows us to bring rock to the surface and allow the miners to extract gold from these rocks, so we have been mining from these little rocks," he said.
However, recruitment is on hold. Mr Wesson said they had to concentrate on other issues.
"We haven't been able to take in more people but we're working on this. 150 people have been told that they will be getting employed but we haven't been able to officially inform them. We hope to sort out some issues before we can recruit more people."
Meanwhile, Westech committed $500,000 to its exploration project in Tuvatu Sabeto.
Mr Wesson confirmed exploration work would begin soon.
"We're moving ahead with this project but we still have to recruit for it. We're still looking for geologists and people to join our recruitment team."
The money used to prepare the mine was provided by financiers, Red Lions and River Diamonds of London.
The company will also be paying out $1.5 million of rehabilitation fund later this month.

Does yesterdays RNS stating that trading in the new shares starts on Friday 07.03.08 mean, that, this is when RVD returns to the market?

oilyrag
Yes it looks thet way Fri it is then.