Latest Rockwell Diamonds (RDIAF) Headlines
Rockwell welcomes African Renaissance as its BEE partner for its Middle Orange operations
CNW Group - Mon Feb 03, 7:30AM CST
Rockwell Diamonds Inc. ("Rockwell" or the "Company") (TSX: RDI; JSE: RDI) announced that it had reached agreement with African Renaissance Holdings Limited ("ARH") as its new black institutional investor who will acquire a 30% equity stake in the Company's Middle Orange operations[1], as its black economic empowerment ("BEE") partner as required by South African Law.
Rockwell's third quarter results boast revenue growth and improved operating profitability for the sixth successive quarter
CNW Group - Thu Jan 09, 4:24PM CST
Rockwell Diamonds Inc. ("Rockwell" or the "Company") (TSX:RDI) (JSE:RDI) announces results for the three months ended November 30, 2013.
CSX Corp.Corporate Event Announcement Notice
Wall Street Horizon - Thu Dec 19, 7:48PM CST
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 747,404m(3) 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 solid results and Klipdam made progress in addressing efficiency improvements, whilst Tirisano was placed on care and maintenance to preserve cash resources and allow the management to focus on projects more in line with Rockwell's diamond value management strategy.
Rockwell delivers record quarterly carat production with improved revenue from diamond sales for the sixth successive quarter and announces a new BEE partnership for its Middle Orange River operations
CNW Group - Mon Dec 09, 7:30AM CST
Rockwell Diamonds Inc. ("Rockwell" or the "Company") (TSX: RDI; JSE: RDI) announces its quarterly production and sales update for the three months ended November 30, 2013:
Rockwell continues production of large diamonds in Middle Orange with recovery of 287-carat stone
CNW Group - Wed Nov 27, 7:30AM CST
Rockwell Diamonds Inc. ("Rockwell" or the "Company") (TSX: RDI; JSE: RDI) announces the recovery of a 287-carat diamond from its operations in the Middle Orange River ("MOR") region which is of commercial colour (tinted white) and makeable in shape. As the fifth large stone from this resource in three months, this recovery further reinforces management's decision to focus operations in Middle Orange region.
Rockwell's second quarter results reveal fifth consecutive quarter of revenue growth and improved operating profitability
CNW Group - Thu Oct 10, 4:46PM CDT
Rockwell Diamonds Inc. ("Rockwell" or the "Company") (TSX:RDI; JSE:RDI) announces results for the three months ended August 31, 2013.
Rockwell recovers four rough diamonds exceeding 100 carats
CNW Group - Tue Sep 17, 7:30AM CDT
Rockwell Diamonds Inc. ("Rockwell" or the "Company") (TSX: RDI; JSE: RDI) is pleased to announce that it has recovered four rough diamonds each exceeding 100 carats in weight, from its operations in the Middle Orange River ("MOR") region during the past three weeks. In addition, the Company has recovered a higher than average number of diamonds smaller than 100 carats. This reinforces management's decision to focus operations in this region and embrace new processing technology.
Rockwell progresses towards strategy to grow production in Middle Orange River region
CNW Group - Thu Aug 29, 7:30AM CDT
Rockwell Diamonds Inc. ("Rockwell" or the "Company") (TSX: RDI; JSE: RDI; OTCBB: RDIAF) is pleased to provide an update on its core strategy to increase monthly production volumes in the Middle Orange River region to 500,000m(3) per month. The objective of the strategy is to improve quarterly earnings through the increased recovery of large, high value diamonds. The construction of two new mines, namely Saxendrift Hill Complex (in production) and Niewejaarskraal (in production ramp up) is a key part of the new plan. Total capital investment of $3.6 million for the development of these two mines was internally funded. As part of the strategy Rockwell has also successfully commissioned and operated the more efficient Bulk X-ray technology in both a concentration and recovery mode thus obviating the need for lesser efficient and more costly pans or DMS technology, making it one of the first South African diamond mining companies to do so.
Rockwell Diamonds shareholders pass all resolutions at annual and special general meeting
CNW Group - Fri Jul 26, 3:36PM CDT
Rockwell Diamonds Inc. ("Rockwell" or the "Company" (TSX: RDI; 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 and special general meeting held in Vancouver today.
Rockwell's results for first quarter fiscal 2014: Early benefits of focus on Middle Orange River region and further revision to $2 Million Convertible Loan
CNW Group - Thu Jul 11, 4:00PM CDT
Rockwell Diamonds Inc. ("Rockwell" or the "Company") (TSX: RDI; JSE: RDI) announces results for the three months ended May 31, 2013 and that it has executed Addendum No 2 with its principal shareholder, Daboll Consultants Ltd., to revise their June 2, 2011 convertible loan agreement in one further respect ("Loan").
Rockwell first quarter diamond revenue, excluding royalty mining, up 31% as average carat values increase 109%
CNW Group - Mon Jul 08, 7:30AM CDT
Rockwell Diamonds Inc. ("Rockwell" or the "Company") (TSX: RDI; JSE: RDI
announces a pleasing 31% increase in revenue from diamond sales, excluding Contractors and before any sales from beneficiation, for the first quarter of fiscal 2014 compared to the same period last year. This increase over the same quarter last year occurs even though the Company placed its Tirisano mine onto care and maintenance late in 2012 and sold its Klipdam mine early in the quarter.
Rockwell provides production update for first quarter of fiscal 2014 ending May 31, 2013
CNW Group - Thu Jul 04, 7:30AM CDT
Rockwell Diamonds Inc. ("Rockwell" or the "Company") (TSX: RDI; JSE: RDI) today presents a quarterly operational update in line with the Group's strategy. On a consolidated basis, first quarter processed gravel volumes increased by 11% to 893,833m(3 )year-on-year while diamond production was 33% lower at 4,824 carats, both results inclusive of contractors. The reduction in carat production is mainly the result of the operations at Tirisano being placed on care and maintenance in December 2012 and the sale of Klipdam at the end of March 2013. The production and carat recovery of Saxendrift was consistent, including the recovery of nine stones exceeding 20 carats. The royalty mining contractors operating at the Tirisano property gained momentum with the production of 1,984 carats and the first diamonds were also recovered from the newly commissioned Saxendrift Hill Complex Mine during the quarter.
Rockwell extends and amends convertible loan agreement with Daboll Consultants Ltd.
CNW Group - Wed Jun 26, 7:30AM CDT
Rockwell Diamonds Inc. ("Rockwell" or the "Company") (TSX: RDI; JSE: RDI) announces that it has executed an addendum with its principal shareholder, Daboll Consultants Ltd., which extends and amends the parties' June 2, 2011 US$2 million convertible loan agreement ("Loan").
Rockwell announces results for fourth quarter fiscal 2013
CNW Group - Thu May 23, 3:56PM CDT
Rockwell Diamonds Inc. ("Rockwell" or the "Company") (TSX:RDI; JSE:RDI) announces results for the three months ended February 28, 2013.
/C O R R E C T I O N From Source -- Rockwell Diamonds Inc./
CNW Group - Wed May 15, 10:29AM CDT
Please note that the headline of c7141 sent at 8:30 ET has been revised. Correct copy follows:
Rockwell announces positive Pre-Feasibility Study for Wouterspan property
CNW Group - Wed May 15, 7:30AM CDT
Rockwell Diamonds Inc. ("Rockwell" or the "Company") (TSX: RDI; JSE: RDI) is pleased to announce that it has updated a Preliminary Economic Assessment ("PEA") on its Wouterspan alluvial diamond property that is located on the opposite side of the Orange River from the Saxendrift diamond mine. The PEA was carried out by a team led by Dr Kurt Petersen, an expert diamond metallurgist and Walter Bold Pr. Eng. Rockwell's Group Engineer. There was also significant input from Paradigm Project Management ("PPM") a company with a strong track record in the innovative development of new diamond mines. All currency values are stated in Canadian dollars unless otherwise indicated.
Rockwell achieves 19% growth in diamond sales as average price per carat increases 30% in fourth quarter
CNW Group - Wed May 08, 7:30AM CDT
Rockwell Diamonds Inc. ("Rockwell" or the "Company") (TSX: RDI; JSE: RDI is pleased to announce a 19% increase in revenue from diamond sales, before any sales from beneficiation, for the fourth quarter of fiscal 2013 compared to the same period last year. The Company extended the positive growth trend in carat sales from its operations in South Africa's Middle Orange River region that are central to its production growth strategy.
Rockwell provides production update for fourth quarter of fiscal 2013 ending February 28, 2013
CNW Group - Mon May 06, 7:30AM CDT
Rockwell Diamonds Inc. ("Rockwell" or the "Company") (TSX: RDI; JSE: RDI) today presents the market with an operational update which is in line with plan. On a consolidated basis fourth quarter gravel volumes processed declined by 6% to 619,546m(3 )year on year with a commensurate change in diamond production of 3,854 carats. The reduction in volume is largely the result of placing the Tirisano Mine on care and maintenance in December 2012 and consequently if Tirisano was excluded, the remaining operations showed a 9% improvement, both in gravel volume processed and diamonds produced for the same period.
Sale of Klipdam Mine Releases Capital for Reinvestment in Higher Value Middle Orange River Operations
PR Newswire Europe - Mon Apr 15, 7:31AM CDT
VANCOUVER, April 15, 2013 /PRNewswire/ --
Sale of Klipdam Mine releases capital for reinvestment in higher value Middle Orange River operations
CNW Group - Mon Apr 15, 7:30AM CDT
Rockwell Diamonds Inc. ("Rockwell" or the "Company") (TSX: RDI; JSE: RDI) is pleased to announce that it has reached an agreement to sell the Klipdam Mine and associated properties(1) for a total cash consideration R23 million (C$2.5 million). This brings the total proceeds from the sale of this asset to R48 million, including the sale of the earth moving equipment in October 2012. The proceeds will be reinvested in bringing the Niewejaarskraal Mine into production and progressing its strategy of growing its operating footprint in the Middle Orange River region of South Africa. The Company has a strong track record in operating successful mines in this region which typically yields large, high valued diamonds.
Rockwell welcomes African Renaissance as its BEE partner for its Middle Orange operations
CNW Group - Mon Feb 03, 7:30AM CST
Rockwell Diamonds Inc. ("Rockwell" or the "Company") (TSX: RDI; JSE: RDI) announced that it had reached agreement with African Renaissance Holdings Limited ("ARH") as its new black institutional investor who will acquire a 30% equity stake in the Company's Middle Orange operations[1], as its black economic empowerment ("BEE") partner as required by South African Law.
Rockwell's third quarter results boast revenue growth and improved operating profitability for the sixth successive quarter
CNW Group - Thu Jan 09, 4:24PM CST
Rockwell Diamonds Inc. ("Rockwell" or the "Company") (TSX:RDI) (JSE:RDI) announces results for the three months ended November 30, 2013.
CSX Corp.Corporate Event Announcement Notice
Wall Street Horizon - Thu Dec 19, 7:48PM CST
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 747,404m(3) 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 solid results and Klipdam made progress in addressing efficiency improvements, whilst Tirisano was placed on care and maintenance to preserve cash resources and allow the management to focus on projects more in line with Rockwell's diamond value management strategy.
Rockwell delivers record quarterly carat production with improved revenue from diamond sales for the sixth successive quarter and announces a new BEE partnership for its Middle Orange River operations
CNW Group - Mon Dec 09, 7:30AM CST
Rockwell Diamonds Inc. ("Rockwell" or the "Company") (TSX: RDI; JSE: RDI) announces its quarterly production and sales update for the three months ended November 30, 2013:
Rockwell continues production of large diamonds in Middle Orange with recovery of 287-carat stone
CNW Group - Wed Nov 27, 7:30AM CST
Rockwell Diamonds Inc. ("Rockwell" or the "Company") (TSX: RDI; JSE: RDI) announces the recovery of a 287-carat diamond from its operations in the Middle Orange River ("MOR") region which is of commercial colour (tinted white) and makeable in shape. As the fifth large stone from this resource in three months, this recovery further reinforces management's decision to focus operations in Middle Orange region.
Rockwell's second quarter results reveal fifth consecutive quarter of revenue growth and improved operating profitability
CNW Group - Thu Oct 10, 4:46PM CDT
Rockwell Diamonds Inc. ("Rockwell" or the "Company") (TSX:RDI; JSE:RDI) announces results for the three months ended August 31, 2013.
Rockwell recovers four rough diamonds exceeding 100 carats
CNW Group - Tue Sep 17, 7:30AM CDT
Rockwell Diamonds Inc. ("Rockwell" or the "Company") (TSX: RDI; JSE: RDI) is pleased to announce that it has recovered four rough diamonds each exceeding 100 carats in weight, from its operations in the Middle Orange River ("MOR") region during the past three weeks. In addition, the Company has recovered a higher than average number of diamonds smaller than 100 carats. This reinforces management's decision to focus operations in this region and embrace new processing technology.
Rockwell progresses towards strategy to grow production in Middle Orange River region
CNW Group - Thu Aug 29, 7:30AM CDT
Rockwell Diamonds Inc. ("Rockwell" or the "Company") (TSX: RDI; JSE: RDI; OTCBB: RDIAF) is pleased to provide an update on its core strategy to increase monthly production volumes in the Middle Orange River region to 500,000m(3) per month. The objective of the strategy is to improve quarterly earnings through the increased recovery of large, high value diamonds. The construction of two new mines, namely Saxendrift Hill Complex (in production) and Niewejaarskraal (in production ramp up) is a key part of the new plan. Total capital investment of $3.6 million for the development of these two mines was internally funded. As part of the strategy Rockwell has also successfully commissioned and operated the more efficient Bulk X-ray technology in both a concentration and recovery mode thus obviating the need for lesser efficient and more costly pans or DMS technology, making it one of the first South African diamond mining companies to do so.
Rockwell Diamonds shareholders pass all resolutions at annual and special general meeting
CNW Group - Fri Jul 26, 3:36PM CDT
Rockwell Diamonds Inc. ("Rockwell" or the "Company" (TSX: RDI; 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 and special general meeting held in Vancouver today.
Rockwell's results for first quarter fiscal 2014: Early benefits of focus on Middle Orange River region and further revision to $2 Million Convertible Loan
CNW Group - Thu Jul 11, 4:00PM CDT
Rockwell Diamonds Inc. ("Rockwell" or the "Company") (TSX: RDI; JSE: RDI) announces results for the three months ended May 31, 2013 and that it has executed Addendum No 2 with its principal shareholder, Daboll Consultants Ltd., to revise their June 2, 2011 convertible loan agreement in one further respect ("Loan").
Rockwell first quarter diamond revenue, excluding royalty mining, up 31% as average carat values increase 109%
CNW Group - Mon Jul 08, 7:30AM CDT
Rockwell Diamonds Inc. ("Rockwell" or the "Company") (TSX: RDI; JSE: RDI
announces a pleasing 31% increase in revenue from diamond sales, excluding Contractors and before any sales from beneficiation, for the first quarter of fiscal 2014 compared to the same period last year. This increase over the same quarter last year occurs even though the Company placed its Tirisano mine onto care and maintenance late in 2012 and sold its Klipdam mine early in the quarter. Rockwell provides production update for first quarter of fiscal 2014 ending May 31, 2013
CNW Group - Thu Jul 04, 7:30AM CDT
Rockwell Diamonds Inc. ("Rockwell" or the "Company") (TSX: RDI; JSE: RDI) today presents a quarterly operational update in line with the Group's strategy. On a consolidated basis, first quarter processed gravel volumes increased by 11% to 893,833m(3 )year-on-year while diamond production was 33% lower at 4,824 carats, both results inclusive of contractors. The reduction in carat production is mainly the result of the operations at Tirisano being placed on care and maintenance in December 2012 and the sale of Klipdam at the end of March 2013. The production and carat recovery of Saxendrift was consistent, including the recovery of nine stones exceeding 20 carats. The royalty mining contractors operating at the Tirisano property gained momentum with the production of 1,984 carats and the first diamonds were also recovered from the newly commissioned Saxendrift Hill Complex Mine during the quarter.
Rockwell extends and amends convertible loan agreement with Daboll Consultants Ltd.
CNW Group - Wed Jun 26, 7:30AM CDT
Rockwell Diamonds Inc. ("Rockwell" or the "Company") (TSX: RDI; JSE: RDI) announces that it has executed an addendum with its principal shareholder, Daboll Consultants Ltd., which extends and amends the parties' June 2, 2011 US$2 million convertible loan agreement ("Loan").
Rockwell announces results for fourth quarter fiscal 2013
CNW Group - Thu May 23, 3:56PM CDT
Rockwell Diamonds Inc. ("Rockwell" or the "Company") (TSX:RDI; JSE:RDI) announces results for the three months ended February 28, 2013.
/C O R R E C T I O N From Source -- Rockwell Diamonds Inc./
CNW Group - Wed May 15, 10:29AM CDT
Please note that the headline of c7141 sent at 8:30 ET has been revised. Correct copy follows:
Rockwell announces positive Pre-Feasibility Study for Wouterspan property
CNW Group - Wed May 15, 7:30AM CDT
Rockwell Diamonds Inc. ("Rockwell" or the "Company") (TSX: RDI; JSE: RDI) is pleased to announce that it has updated a Preliminary Economic Assessment ("PEA") on its Wouterspan alluvial diamond property that is located on the opposite side of the Orange River from the Saxendrift diamond mine. The PEA was carried out by a team led by Dr Kurt Petersen, an expert diamond metallurgist and Walter Bold Pr. Eng. Rockwell's Group Engineer. There was also significant input from Paradigm Project Management ("PPM") a company with a strong track record in the innovative development of new diamond mines. All currency values are stated in Canadian dollars unless otherwise indicated.
Rockwell achieves 19% growth in diamond sales as average price per carat increases 30% in fourth quarter
CNW Group - Wed May 08, 7:30AM CDT
Rockwell Diamonds Inc. ("Rockwell" or the "Company") (TSX: RDI; JSE: RDI
is pleased to announce a 19% increase in revenue from diamond sales, before any sales from beneficiation, for the fourth quarter of fiscal 2013 compared to the same period last year. The Company extended the positive growth trend in carat sales from its operations in South Africa's Middle Orange River region that are central to its production growth strategy. Rockwell provides production update for fourth quarter of fiscal 2013 ending February 28, 2013
CNW Group - Mon May 06, 7:30AM CDT
Rockwell Diamonds Inc. ("Rockwell" or the "Company") (TSX: RDI; JSE: RDI) today presents the market with an operational update which is in line with plan. On a consolidated basis fourth quarter gravel volumes processed declined by 6% to 619,546m(3 )year on year with a commensurate change in diamond production of 3,854 carats. The reduction in volume is largely the result of placing the Tirisano Mine on care and maintenance in December 2012 and consequently if Tirisano was excluded, the remaining operations showed a 9% improvement, both in gravel volume processed and diamonds produced for the same period.
Sale of Klipdam Mine Releases Capital for Reinvestment in Higher Value Middle Orange River Operations
PR Newswire Europe - Mon Apr 15, 7:31AM CDT
VANCOUVER, April 15, 2013 /PRNewswire/ --
Sale of Klipdam Mine releases capital for reinvestment in higher value Middle Orange River operations
CNW Group - Mon Apr 15, 7:30AM CDT
Rockwell Diamonds Inc. ("Rockwell" or the "Company") (TSX: RDI; JSE: RDI) is pleased to announce that it has reached an agreement to sell the Klipdam Mine and associated properties(1) for a total cash consideration R23 million (C$2.5 million). This brings the total proceeds from the sale of this asset to R48 million, including the sale of the earth moving equipment in October 2012. The proceeds will be reinvested in bringing the Niewejaarskraal Mine into production and progressing its strategy of growing its operating footprint in the Middle Orange River region of South Africa. The Company has a strong track record in operating successful mines in this region which typically yields large, high valued diamonds.
