VANCOUVER, Jan. 10, 2013 /CNW/ - Rockwell Diamonds Inc. ("Rockwell" or the "Company") (TSX:RDI; JSE:RDI) announces results for the three and nine months ended November 30, 2012 and the appointment of a non-executive director. Currency values are presented in Canadian dollars unless otherwise indicated.Performance OverviewQuarterly diamond production up 12% year-on-year, underpinned by a 6% increase in volumes of gravel [...]
VANCOUVER, Jan. 2, 2013 /CNW/ - Rockwell Diamonds Inc. ("Rockwell" or the "Company") (TSX: RDI; JSE: RDI;) today announced a 23% improved revenue from diamond sales, before any sales from beneficiation, for the third quarter fiscal 2013 compared to the same period last year.Total proceeds of US$7.4 million were generated compared to US$6.0 million for the same period a year ago and US$ 6.8 million for the second quarter [...]
VANCOUVER, Dec. 18, 2012 /CNW/ - Rockwell Diamonds Inc. ("Rockwell" or the "Company") (TSX: RDI; JSE: RDI) as part of its operational update, is pleased to announce that the Group increased the volume of gravel processed by 6% to 747,404m3 and diamonds produced increased by 12% to 5,950 carats, despite having to deal with operational challenges and on-going industrial action at Tirisano. The Saxendrift Complex delivered [...]
VANCOUVER, Dec. 12, 2012 /CNW/ - Rockwell Diamonds Inc. ("Rockwell" or the "Company") (TSX: RDI; JSE: RDI) announces its decision to place its operations at the Tirisano Mine on care and maintenance following persistent industrial relations issues and ongoing losses incurred by the mine. The term 'care and maintenance' is used when a mine has stopped production and is temporarily closed for technical, environmental [...]
VANCOUVER, Dec. 3, 2012 /CNW/ - Rockwell Diamonds Inc. ("Rockwell" or the "Company") (TSX: RDI; JSE: RDI) updates the market on its pilot Bulk X-Ray project at the Saxendrift Mine. Despite this project being a pilot study it has already repaid the cost of setting it up from processing the old recovery tailings.The Bulk X-Ray project was initiated in November 2011 and commissioned ahead of schedule, five months later with [...]
VANCOUVER, Oct. 31, 2012 /CNW/ - Rockwell Diamonds Inc. ("Rockwell" or the "Company") (TSX: RDI; JSE: RDI;) announces a restructuring of the Klipdam Mine operations aimed at reducing the operating costs and improving its overall performance.While the remaining mine life of Klipdam Mine is three years (in terms of currently defined resources) and the mine has a long and profitable history of operations, over the past two [...]
VANCOUVER, Oct. 11, 2012 /CNW/ - Rockwell Diamonds Inc. ("Rockwell" or the "Company") (TSX:RDI; JSE:RDI) announces results for the three and six months ended August 31, 2012. Currency values are presented in Canadian dollars unless otherwise indicated.Performance OverviewQuarterly diamond production up 34% year-on-year on the back of a 37% increase in volumes of gravel processed.Quarterly operating profit: $199,852 before [...]
VANCOUVER, Sept. 17, 2012 /CNW/ - Rockwell Diamonds Inc. ("Rockwell" or the "Company") (TSX: RDI; JSE: RDI;) announces second quarter fiscal 2013 revenues from diamond sales before beneficiation which were down 3% compared to the same period last year but that increased by 16% from the previous quarter.Total proceeds of US$6.8 million were generated from the sale of 5,147 carats at an average price per carat for the [...]
VANCOUVER, Sept. 12, 2012 /CNW/ - Rockwell Diamonds Inc. ("Rockwell" or the "Company") (TSX: RDI) (JSE: RDI) (OTCBB: RDIAF) posts improved year-on-year diamond production for the second quarter (+14%) on the back of better volumes of gravel processed (+23%). These increases were achieved despite a temporary suspension of activities at Tirisano while management works on delivering against the new plan detailed in the [...]
Changes to board of directorsVANCOUVER, Aug. 30, 2012 /CNW/ - Rockwell Diamonds Inc. ("Rockwell" or the "Company" (TSX: RD) (JSE: RDI) is pleased to announce that all the resolutions put forward in its management information circular were passed by the shareholders at the annual general meeting held in Vancouver today. The Company also announces two changes to its board of directors.Annual General Meeting results:The [...]
VANCOUVER, July 12, 2012 /CNW/ - Rockwell Diamonds Inc. ("Rockwell" or the "Company") (TSX: RDI) (JSE: RDI) announces results for the three months ended May 31, 2012. Currency values are presented in Canadian dollars unless otherwise indicated.Performance OverviewOperating profit for the quarter before amortization and depreciation of $195,258. Includes Tirisano ramp up expense of $2.5 million during the [...]
VANCOUVER, June 27, 2012 /CNW/ - Rockwell Diamonds Inc. ("Rockwell" or the "Company") (TSX: RDI) (JSE: RDI) (OTCBB: RDIAF) announces the results of its diamonds sales for the first quarter of fiscal 2013.Total proceeds of US$5.9 million were generated from the sale of 6,234 carats at an average price per carat for the quarter of US$944. This includes the sale of 1,005 carats from the proof of concept bulk x-ray machine [...]