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Gold/Mining/Energy : DIAMET/(BHP) TSE.DMM.B -- Ignore unavailable to you. Want to Upgrade?

To: Famularo who wrote (115)	5/3/2000 10:45:00 AM
From: PHILLIP FLOTOW	Read Replies (1) \| Respond to of 123

05/03 9:03A (DJ) +DJ Dia Met Minerals Year Net C$47.5M Or C$1.56 A Share Dia Met Minerals Year Net Includes C$0.24/Shr Gain Dia Met Minerals Earnings -2: Year Financial Table >DMMA Dia Met Minerals Ltd. - Kelowna, B.C. Year Jan. 31: All figures in Canadian dollars 2000 1999 Revenues C$102,048,361 C$5,577,911 Net income a 47,499,926 b (6,454,417) Shr ern (basic) Net income a 1.56 b (.21) Shr ern (diluted) Net income a 1.49 n/a Figures in parentheses are losses. a. Includes a gain of about C$7.3 million, or 24 Canadian cents a share, relating to the recognition of future income tax assets earned prior to the start of fiscal 2000. It also includes a writedown of C$1,112,293 on temporary investments. The writedown's impact on share earnings wasn't disclosed. b. Includes a gain of C$39,496 from the disposal of capital assets and a charge of C$2,047,792 from the abandonment of mineral properties. The impact on share results wasn't disclosed. Dia Met Minerals Ltd. (DMMA) said equity earnings from its share of diamond sales from Ekati Diamond Mine, NWT, for the year totalled C$99.8 million. It said the latest fiscal year was the first full year of production from the mine. The company said its outstanding debt obligations for Ekati totalled C$204.8 million at Jan. 31, down from C$276.2 million a year earlier, adding that since the end of the fiscal year it has repaid a further C$24.1 million. It said it spent C$9.6 million on mineral properties, exploration and development in the year, compared with C$6.6 million a year earlier. It said the increase reflects new projects in Mauritania and in Canada. It said it also spent C$7.4 million in the year on share buybacks, compared with C$5.5 million a year earlier. Dia Met Minerals Ltd. (DMMA) is a mineral exploration and development company. -Matthew Sylvain, Dow Jones Newswires; PHIL