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Rockwell Diamonds
Rockwell Confirms Positive Results From Wouterspan Assessment
Rockwell Diamonds Inc. updated its preliminary economic assessment on its Wouterspan alluvial diamond property, which is located on the opposite side of the Orange River from its Saxendrift diamond mine in South Africa. The assessment...
Mining May 20, 2013 Jeff Miller
Rockwell Diamonds
Rockwell Diamonds' 4Q Revenue +19%
Rockwell Diamonds Inc. reported a 19 percent year-on-year increase in sales to $7.2 million for the fourth fiscal quarter that ended on February 28. The company sold 5,308 carats during the period at an average price of $1,355...
Mining May 08, 2013 Jeff Miller
Rockwell Diamonds
Rockwell Diamonds' Production -5%
Rockwell Diamonds reported that its production fell 5 percent year on year to 4,043 carats for the fourth quarter that ended on February 28. Rough diamond production from its Saxendrift property jumped 34 percent to 1,929...
Mining May 07, 2013 Jeff Miller
Rockwell Diamonds
Rockwell to Reinvest Klipdam Capital for Higher-Value Operations
Rockwell Diamonds Inc. will invest capital from the sale of its Klipdam diamond mine into bringing the Niewejaarskraal diamond mine back into production and expanding the company's mining footprint in the Middle...
Mining Apr 16, 2013 Jeff Miller
Rockwell Diamonds
Rockwell Completes Acquisition of the Jasper Mine
Rockwell Diamonds Inc. acquired the Jasper mine by settling the purchase consideration through an issuance of shares. The agreement to acquire Jasper, which is contiguous to Rockwell's Saxendrift mine, was also part of the transaction intended to unwind...
Mining Mar 20, 2013 Jeff Miller
Rockwell Diamonds
Rockwell Recovers Cost From Pilot Bulk X-Ray Technology
Rockwell Diamonds' pilot bulk x-ray project at its Saxendrift mine has recovered the cost of set up, according to the company. The bulk X-ray project was initiated one year ago and commissioned ahead...
Mining Dec 03, 2012 Jeff Miller
Rockwell Diamonds
Rockwell's 2Q Production +14%
Rockwell Diamonds reported that rough diamond production grew 14 percent year on year to 4,218 carats for its second quarter, which ended on August 31. The company's Saxendrift and Jasper projects produced 1,876 carats,...
Mining Sep 12, 2012 Jeff Miller
Rockwell
Rockwell's Shareholders Re-elect Bristow and Campbell
Shareholders of Rockwell Diamonds Inc. re-elected Mark Bristow as chairman, James Campbell as president, and Dr. Willem Jacobs, Richard Linnell, Johan van't Hof and Stephen Dietrich as directors of the company. Board members David Copeland...
Mining Aug 31, 2012 Jeff Miller
Rockwell Diamonds
Rockwell Diamonds' Loss Grows to $3M
Rockwell Diamonds reported that its first quarter revenue fell 17 percent year on year to $7.1 million for the three months that ended on May 31, while production costs rose 16 percent to $6.9 million. The...
Financial-Legal Jul 13, 2012 Jeff Miller
Rockwell
Rockwell's 1Q Carat Recovery Jumps 105%
Rockwell Diamonds Inc. provided a production update from four recovery projects and reported that it had produced 6,116 carats, or more than twice the number from one year ago, for the company's first...
Mining Jun 25, 2012 Jeff Miller
Rockwell Diamonds
Rockwell's FY Revenue -20%, Net Loss Grows to $14M
Rockwell Diamonds reported that revenue fell 20 percent year on year to $34.2 million for its fiscal year 2012, which ended on February 29, 2012. Sales from rough diamonds dropped 30 percent to $26.4 million, while...
Financial-Legal May 25, 2012 Jeff Miller
Rockwell
Rockwell Implements Strategic Equipment at Saxendrift
Rockwell Diamonds implemented a new in-field screen and a bulk x-ray and single particle sorter plant at its Saxendrift diamond mine. These two strategic projects were the first capital expenses approved by the company's...
Mining May 22, 2012 Deena Taylor
Rockwell Diamonds
Rockwell Updates 4Q Sales to $6M
Rockwell Diamonds updated a preview of its fourth-quarter rough sales for fiscal-year 2012, during which company proceeds reached $6 million for 5,795 carats. During Rockwell's fourth-quarter of fiscal-year 2011, revenue exceeded $9.2 million. The...
Rough Markets May 02, 2012 Jeff Miller
Rockwell
Rockwell's 4Q Production +77%
Rockwell Diamonds will report its fiscal 2012 financial results in May, but today the junior miner updated investors on its production results for the fourth-quarter. Rockwell Diamonds' total production rose 77 percent to 4,022...
Mining Apr 17, 2012 Jeff Miller
Rockwell
Rockwell Restructures Agreement with AVR
Rockwell Diamonds reached an agreement with Africa Vanguard Resources (AVR) with respect to acquiring the Jasper diamond mine property, which is contiguous to Rockwell's Saxendrift mine and has the potential to extend the life of Saxendrift...
Mining Mar 19, 2012 Jeff Miller
Rockwell
Rockwell Diamonds 3Q Revenues -25%
Rockwell Diamonds reported that revenues fell 25 percent year on year to $8.2 million in its third fiscal quarter that ended on November 30, 2011. Revenue was dinged by lower prices for rough diamonds and a drop...
Mining Jan 13, 2012 Dilipp S Nag
Rockwell Diamonds
Rockwell Diamonds Expects Lower 3Q Revenue
Rockwell Diamonds Inc. provided a third-quarter preview, stating that diamond recovery at its Saxendrift mine beat forecasts and that one stone exceeded 100 carats. Preliminary third-quarter-fiscal 2012 sales, however, would be about 46 percent...
Mining Dec 15, 2011 Jeff Miller
Rockwell Diamonds
Rockwell Diamonds, NUM Reach Agreement
Rockwell Diamonds reached an agreement with the National Union of Mineworkers (NUM) to convert its Northern Cape operations, which include the Saxendrift and Klipdam mines in South Africa, into continuous operations. The application for...
Mining Nov 15, 2011 Jeff Miller
Rockwell Completes Tirisano Acquisition
Rockwell Diamonds Inc. completed its acquisition of the Tirisano Mine project in South Africa. Rockwell agreed to purchase Tirisano, formerly Blue Gum, in September 2010 for $4.65 million, which was funded by $2.01 million in internal funds along with equity funds, through issuing 2.6 million Rockwell...
Mining Oct 11, 2011 Jeff Miller
Rockwell Diamonds
Rockwell Appoints Mark Bristow as Chairman
Rockwell Diamonds appointed Mark Bristow as a non-executive chairman to fill the vacancy left by David Copeland, who stepped down from that role. Copeland will, however, remain on the board as a non-executive director. Johan van't Hof...
Mining Oct 03, 2011 Jeff Miller
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