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Rockwell Diamonds

Rockwell Diamonds welcomes new black-empowered partner

South Africa-focused diamond miner Rockwell Diamonds on Monday said it had reached an agreement with a new black institutional investor that would acquire a 30% equity stake in the Rockwell’s Middle Orange River (MOR) operations as its black...
3rd February 2014

Rockwell Q3 results in line with higher production goal

South Africa-focused miner Rockwell Diamonds had all the necessary permits and resources in place to achieve its eventual target of processing 500 000 m3 of quality gravels a month, with production expected to rise to 360 000 m3 a month at the end...
10th January 2014

Rockwell Diamonds narrows Q2 losses, revenue up 33% y/y

South Africa-focused miner Rockwell Diamonds was in a better position than expected at the end of the second quarter of the 2014 financial year, mostly owing to the recovery of two diamonds of more than 100 ct each during the three-month period,...
11th October 2013

Rockwell Diamonds’ Q1 revenue climbs

South Africa-focused miner Rockwell Diamonds lifted first-quarter revenues from its own operations by 31% to $6.57-million, boosted by high-grade diamonds from its Middle Orange River region operations. The Vancouver-based company improved...
8th July 2013

Rockwell progresses latest diamond mine

James Campbell JSE- and TSX-listed alluvial diamond producer Rockwell Diamonds’ ambition to return the promising Niewejaarskraal mine to production was progressing well within budget and on schedule. Speaking to Mining Weekly Online, Rockwell president and...
24th May 2013

Rockwell says Wouterspan economics sufficient to move to next stage

TSX- and JSE-listed diamond miner Rockwell Diamonds has completed a positive preliminary economic assessment study for its Wouterspan alluvial diamond project, which is central to its Middle Orange River strategy. The study indicated “positive...
15th May 2013

Resources Watch Video Available

Resources Watch This week: Amplats says the increased recycled platinum supply is hobbling mining. Diamond market sentiment is 'cautiously positive', says Rockwell. And, Amplats offers new non-mining jobs for every mining job lost.
24th January 2013

Rockwell expects slightly increasing diamond price trend as it opens new mine

Cautious optimism is returning to the diamond market after tough conditions prevailed for the most part of last year. Diamond market sentiment is currently “cautiously positive”, is the view of Rockwell Diamond CEO James Campbell, who was...
18th January 2013

Rockwell’s new Tirisano plant commissioned, market seen bottomed out

South African diamond miner Rockwell Diamonds on Thursday said it had successfully commissioned a new 50 000 m3/m plant at its Tirisano property, following implementation of a new mine plan to allow for the mining of higher-grade gravels with a...
28th September 2012

Rockwell reports Q1 gem sales of $5.9m

Alluvial diamond mining company Rockwell Diamonds reported on Wednesday that its diamond sales for the first quarter of its 2013 financial year reached 6 234 ct and generated $5.9-million. The average price a carat for the quarter was $944 and...
27th June 2012

Alluvial diamond mining not as risky as industry believes

There is a false perception in the marketplace and among investors that it is risky to invest in alluvial diamond mining companies, as the exact location of alluvial diamond deposits cannot be determined before extraction, says alluvial diamond...
8th June 2012

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...
25th May 2012
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