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...

Rockwell increases diamond output 77%

TSX- and JSE-listed Rockwell Diamonds on Tuesday reported a 77% year-on-year increase in diamond production for the fourth quarter ended February 2012. The company raised its overall carat output to 4 022 ct in the three months, with production...

Rockwell restructures BEE deal, acquires new mine

TSX- and JSE-listed Rockwell Diamonds on Monday reported the successful completion of “robust” negotiations with black economic empowerment (BEE) partner Africa Vanguard Resources (AVR) following a restructuring of the deal. Rockwell Diamonds...

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...

Polished Saxendrift diamond fetches $232 000/ct in Hong Kong

A 37.55 ct polished investment diamond from the Saxendrift mine in South Africa has fetched $232 000 a carat on auction in Hong Kong, Rockwell Diamonds said on Monday. The diamond formed one of a pair of matching D-colour, flawless clarity diamonds.

Rockwell completes C$7.8m placement

TSX- and JSE-listed Rockwell Diamonds on Wednesday announced that it had completed a private share placement, raising C$7.8-million. The funds were raised primarily from a number of institutional investors from North America, Europe and South...

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 reports lower Q3 profit, output up

JSE- and TSX-listed diamond producer Rockwell Diamonds boosted its production in the third quarter of its 2010 financial year, but profit dropped sharply. For the quarter ended November, the company achieved a profit of C$513 945, while it...

Rockwell recovers large stones at SA diamond mines

JSE- and TSX-listed Rockwell Diamonds has recovered several large stones from its Saxendrift and Holpan mining operations, in South Africa. The diamond-miner recovered a 52,4 ct clean light fancy yellow, a 60,52 ct light yellow octahedral, a...