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Rockwell ups diamond output by 14 pc in Q2 FY 2013

14 september 2012

Rockwell Diamonds increased its diamond output for the second quarter ended August 31 by 14 percent when compared with the same period last year.
It said in a statement that 4,828 carats were produced at its South African mines during the period under review from 4,218 carats recorded a year earlier.
Rockwell chief executive James Campbell said the company’s overall performance continued to show encouraging improvements.
“Through the concerted efforts of Rockwell's executive and mine management teams, we quickly right-sized the Tirisano mine to adjust to the current diamond market, positioning it to provide positive returns,” he said.
“At Klipdam, we were able to mine a better resource-area and the mine delivered a good operational performance. We still have some way to go in order to achieve our production targets which is a high priority for Klipdam in coming months."
Campbell also said the Saxendrift mine had met its production targets for the first two quarters of fiscal 2013.

Mathew Nyaungwa, Editor in Chief of the African Bureau, Rough&Polished