Rockwell reports 74% increase in Q1 carat production

TSX- and JSE-listed Rockwell Diamonds on Monday announced an overall 74% year-on-year improvement in carat production for the first quarter of its 2013 financial year. Production from its three operational mines in South Africa increased to 6 116...

Rockwell turnaround still 'work in progress', says CEO

Alluvial gem miner Rockwell Diamonds said on Friday the loss of $13.7-million for the 2012 financial year reflected the impact of the strategic decisions that were taken to place the company on solid footing. This formed part of Rockwell’s...

Rockwell completes strategic projects at Saxendrift

JSE- and TSX-listed Rockwell Diamonds said it had successfully completed the strategic in-field screen, bulk X-ray and single particle sorter plant at its Saxendrift mine, near the Middle Orange River. The company stated that the capital projects...

Company Announcement: Rockwell provides feedback on successful implementation of strategic projects at Saxendrift

Rockwell Diamonds Inc. is pleased to announce the successful completion of two strategic projects, namely the new in-field screen and the bulk x-ray and single particle sorter plant at its Saxendrift mine which is known for its high value gem...

Rockwell Diamonds nets $6m in Q4 sales

Alluvial gem miner Rockwell Diamonds generated $6-million from the sale of 5 795 ct in fourth quarter, the company reported on Wednesday. The company achieved an average price of $1 041/ct, which compares with $1 430/ct in the final quarter of...

Diamond junior says expected strong fundamentals augur well for future growth

South African diamond-miner Rockwell Diamonds’ future development strategy and long-term expansion plans will rely on a combination of consistent carat production, successful proof of concept technology testing at its mines in the Northern Cape...

Rockwell Diamonds outlines priorities for 2012

TSX- and JSE-listed Rockwell Diamonds would build on the steady increase in production at its three operational diamond mines in South Africa to prove itself as a profitable and sustainable diamond junior, COO Michael Hunt said this week. He...

Rockwell Diamonds targets profitable steady state by year-end

Alluvial diamond mining is known as a hit-and-miss, up-and-down business on which grade prediction is elusive, if not impossible. But tools have been developed that allow alluvial miners to achieve a semblance of grade prediction. Four...

Rockwell’s diamond planets aligning

With performance at Rockwell Diamonds’ operations continuing to improve and legacy issues being gradually swept aside, hopes are rising that the alluvial diamond miner will enter a sustained phase of profitable steady state from the latter part...

Rockwell Diamonds returns to profit in Q2

TSX-listed Rockwell Diamonds has closed the second quarter of its 2012 financial year with a net profit of C$2-million, CEO James Campbell reported on Friday. This compares with a loss of C$1.2-million in the same quarter last year. Campbell...

Rockwell Diamonds trims capital raising down to C$20m

TSX- and JSE-listed diamond miner Rockwell Diamonds, which does all its mining and diamond beneficiation in South Africa, has trimmed its capital-raising target down to C$20-million. At the start of the year, the Rockwell board was targeting a...

Rockwell sees bridal diamond promise in sparkling Ventersdorp

South Africans tend to associate this far-flung rural town with agriculture rather than mining.