JOHANNESBURG, July 10, 2014 /CNW/ - Rockwell Diamonds Inc. ("Rockwell" or the "Company") (TSX:RDI; JSE:RDI) announces results for the three months ended May 31, 2014. Currency values are presented in Canadian dollars, unless otherwise indicated. Features of first quarter fiscal 2014: Net profit of $345,000 reported in first quarter compared to a loss of $1.2 million in the prior year. First quarter revenue increased [...]
VANCOUVER, June 26, 2014 /CNW/ - Rockwell Diamonds Inc. ("Rockwell" or the "Company") (TSX: RDI; JSE: RDI) announces its quarterly production and sales update for the three months ended May 31, 2014: All dollar figures stated herein are expressed in Canadian dollars, unless otherwise specified. Corporate: Achievement of two million lost time injury free hours ("LTIFH") of operation at Saxendrift (June 16, 2014) and one [...]
JOHANNESBURG, May 22, 2014 /CNW/ - Rockwell Diamonds Inc. ("Rockwell" or the "Company") (TSX:RDI; JSE:RDI) announces results for the year ended February 28, 2014. Fiscal 2014 results Currency values are presented in Canadian dollars, unless otherwise indicated. Features of Fiscal 2014: Revenue increased 39% year-on-year to $45.2 million, comprising $41.1 million from diamond sales and beneficiation income of $4.1 [...]
VANCOUVER, March 31, 2014 /CNW/ - Rockwell Diamonds Inc. ("Rockwell" or the "Company") (TSX: RDI; JSE: RDI) announces its quarterly production and sales update for the three months ended February 28, 2014: The Company's own internal operations1 in the Middle Orange River2 ("MOR"): Average stone size increased by 139% to 4.6 carats from 2.0 carats in the prior year. Continued benefits from MOR growth strategy with [...]
VANCOUVER, Feb. 3, 2014 /CNW/ - Rockwell Diamonds Inc. ("Rockwell" or the "Company") (TSX: RDI; JSE: RDI) announced that it had reached agreement with African Renaissance Holdings Limited ("ARH") as its new black institutional investor who will acquire a 30% equity stake in the Company's Middle Orange operations[1], as its black economic empowerment ("BEE") partner as required by South African Law. Subsequent to the [...]
JOHANNESBURG, South Africa, Jan. 9, 2014 /CNW/ - Rockwell Diamonds Inc. ("Rockwell" or the "Company") (TSX:RDI) (JSE:RDI) announces results for the three months ended November 30, 2013. Third quarter fiscal 2014 results Currency values are presented in Canadian dollars, unless otherwise indicated. Features of third quarter: Sixth consecutive quarter of US$ denominated revenue growth. Revenue increased 35% year-on-year [...]
VANCOUVER, Dec. 9, 2013 /CNW/ - 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: Middle Orange River ("MOR") growth strategy makes progress with 111% increase in carat production along with an all-time record quarterly carat production for the Company. Total volumes of gravel processed and carat [...]
VANCOUVER, Nov. 27, 2013 /CNW/ - 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 [...]
JOHANNESBURG, SOUTH AFRICA, Oct. 10, 2013 /CNW/ - Rockwell Diamonds Inc. ("Rockwell" or the "Company") (TSX:RDI; JSE:RDI) announces results for the three months ended August 31, 2013. Second quarter fiscal 2014 results Currency values are presented in Canadian dollars, unless otherwise indicated. Salient features of second quarter: Fifth consecutive quarter of US$ denominated revenue growth. Strong year-on-year [...]
VANCOUVER, Sept. 25, 2013 /CNW/ - Rockwell Diamonds Inc. ("Rockwell" or the "Company") (TSX: RDI; JSE: RDI) announced second quarter production and sales update. The Company reported a 26% increase in second quarter volumes of gravel processed to 934,975m3, of which 627,746m3 was mined from its own Middle Orange River ("MOR") operations1 and the balance from royalty mining contractors operating at Tirisano. Total carat [...]
VANCOUVER, Sept. 17, 2013 /CNW/ - 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 [...]
VANCOUVER, Aug. 29, 2013 /CNW/ - 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 500,000m3 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 [...]
