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Middle Orange River

Rockwell Diamonds announces strategic plan to improve cash flow

TSX/JSE-listed diamond miner Rockwell Diamonds has revealed a strategic plan and business restructure aimed at achieving sustainable cash flow moving forward in light of production and recovery challenges. The current level of diamond recovery, grade...

Transition phase sees Rockwell Diamonds announce quarterly C$5M loss

Rockwell Diamonds, the South Africa-focused alluvial miner, delivered a poor set of results for the three months to May, reporting a C$5.1 million net loss. The company has however put a operational review strategy...

Rockwell Diamonds focuses on rebuliding MOR production profile

As TSX and JSE-listed Rockwell Diamonds’ Saxendrift operation is approaching the end of its economic life, the company has shifted its focus on rebuilding the production profile at its existing Middle Orange River (MOR) operations,...

Rockwell Diamonds to conclude Remhoogte/Holsloot acquisition

TSX and JSE-listed Rockwell Diamonds on Wednesday announced that it expects to close the transaction and assume ownership and operational control of the Remhoogte/Holsloot operations and associated assets by no later than June 1,...

Rockwell Diamonds sells non-core Tirisano project for R60m

South Africa – Rockwell Diamonds on Monday announced that it has divested its non-core Tirisano project for a cash consideration of R60-million. Tirisano, located in the North West province about 500 km from the company’s Middle...

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