VANCOUVER, Oct. 19, 2011 /CNW/ - Rockwell Diamonds Inc. ('Rockwell' or the 'Company')
announces that it has now completed its previously announced non-brokered private placement raising C$7.8 million.
The Company issued a total of 10,341,969 shares with total gross proceeds to the Company of CAD7,584,012 and ZAR1,207,250. Of the total shares issued, 10,112,017 were listed on the TSX with the balance of 229,952
VANCOUVER, Oct. 13, 2011 /CNW/ - Rockwell Diamonds Inc. ('Rockwell' or the 'Company')
(JSE: RDI) announces results for the three and six months ended August 31, 2011.
Highlights of the quarter ended August 31, 2011
-- Beneficiation revenue from joint venture with Steinmetz up 64% to $2.3 million -- Total revenue of $9.2 million underpinned by a 109% increase in the average
VANCOUVER, Oct. 11, 2011 /CNW/ - Rockwell Diamonds Inc. ('Rockwell' or the 'Company')
announces the completion of the Tirisano Mine project acquisition. The effective date of the transaction is September 1, 2011 on a going concern basis, although the operation has been on a care and maintenance arrangement for two years.
'We are delighted that this transaction has now been completed as Tirisano is of strategic
VANCOUVER, Oct. 3, 2011 /CNW/ - Rockwell Diamonds Inc. ('Rockwell Diamonds' or the 'Company')
(JSE: RDI) is pleased to announce that it has strengthened its board of directors with the appointment of a new non-executive director as well as a new chairman.
-- David Copeland has stepped down as Chairman, but will remain on the board as a non-executive director. The Company is delighted
VANCOUVER, Sept. 26, 2011 /CNW/ - Rockwell Diamonds Inc ('Rockwell' or the 'Company')
announces the results of second quarter sales of its diamond production from South African operations.
Total proceeds of $7.0 million were generated from the sale of 3,223 carats. The average price per carat for the quarter was USD $2,187, demonstrating the high quality of stones sold
VANCOUVER, Sept. 9, 2011 /CNW/ -- Company provides strategic update
VANCOUVER, Sept. 9, 2011 /CNW/ - Rockwell is pleased to announce that all the resolutions put forward in the Proxy were passed by the shareholders at the annual and special general meeting of shareholders held in Vancouver today. The Company has also provided a strategic update on the operations and its immediate priorities.
VANCOUVER, Sept. 6, 2011 /CNW/ -- VANCOUVER, Sept. 6, 2011 /CNW/ - Rockwell Diamonds Inc. ('Rockwell' or the 'Company') (TSX: RDI) (JSE: RDI) (OTCBB: RDIAF) announces that its board of directors has approved the capital investment to install high throughput (or bulk) x-ray technology at Saxendrift. This represents another positive step in implementing and entrenching its diamond value management programmes which are
VANCOUVER, Aug. 11, 2011 /CNW/ -- VANCOUVER, Aug. 11, 2011 /CNW/ - Rockwell Diamonds Inc. ('Rockwell' or the 'Company') (TSX:RDI) (JSE:RDI) (OTCBB:RDIAF) announces results for the three months ended May 31, 2011.
Highlights:
-- Beneficiation revenue from joint venture with Steinmetz trebled to $943,842 -- Stable total revenue of $8.5 million -- Continued diamond price strength with average
VANCOUVER, Aug. 8, 2011 /CNW/ -- VANCOUVER, Aug. 8, 2011 /CNW/ - Rockwell Diamonds Inc. ('Rockwell' or the 'Company') (TSX:RDI; JSE:RDI, OTCBB:RDIAF) announced today that its Saxendrift mine produced a windfall day's production on August 2, 2011 and stated it had received confirmation of the Section 11 cession by the Department of Mineral Resources (DMR) for its Tirisano acquisition.
VANCOUVER, Aug. 2, 2011 /CNW/ -- VANCOUVER, Aug. 2, 2011 /CNW/ - Rockwell Diamonds Inc. ('Rockwell' or the 'Company') (TSX: RDI; JSE: RDI; OTCBB: RDIAD) updates the results of preliminary assessments of its alluvial diamond deposits on its properties in South Africa.
Rockwell is focused on increasing production to 10,000 carats per month within five years. The Company has the capacity to deliver this growth
VANCOUVER, July 26, 2011 /CNW/ -- VANCOUVER, July 26, 2011 /CNW/ - Rockwell Diamonds Inc. ('Rockwell' or the 'Company') (TSX: RDI; JSE: RDI; OTCBB: RDIAF) is pleased to announce further progress in its turnaround strategy, with the sale of three non core assets which generated total proceeds of C$6.5 million.
'The strategic review which was conducted in the first quarter of 2011, included an investigation of our
VANCOUVER, July 20, 2011 /CNW/ -- VANCOUVER, July 20, 2011 /CNW/ - Rockwell Diamonds Inc. ('Rockwell' or the 'Company') (TSX: RDI) (JSE: RDI) (OTCBB: RDIAF) announces the results of an independent valuation of the Company and the support of a key strategic shareholder in the current private placement. The valuation, dated February 28, 2011, was conducted by Jennifer Lucas, MBA, CBV, ASA, of Evans & Evans Inc