VANCOUVER, May 31, 2017 /CNW/ - Rockwell Diamonds Inc. ("Rockwell" or the "Company") (TSX:RDI; JSE:RDI) announces results for the three and twelve months ended February 28, 2017. Currency values are presented in Canadian dollars, unless otherwise indicated. Salient features Rough diamond revenues - declined by 31% to $26.1million for FY2017 [...]
Judge grants Company's application for business rescue; liquidation now stayed. VANCOUVER, May 19, 2017 /CNW/ - Rockwell Diamonds Inc. ("Rockwell" or the "Company") (TSX:RDI; JSE:RDI) provides an update to the interim liquidation application brought by C-Rock Mining Limited (''CML'') against three subsidiaries of the Company, which resulted in a [...]
VANCOUVER, May 2, 2017 /CNW/ - Rockwell Diamonds Inc. ("Rockwell" or the "Company") (TSX:RDI; JSE:RDI) provides an update to the interim liquidation orders brought by C-Rock Mining Limited (''CML'') against three subsidiaries of the Company issued by a judge in Kimberley South Africa on March 23, 2017. The interim orders, which have yet to be [...]
VANCOUVER, April 21, 2017 /CNW/ - Rockwell Diamonds Inc. ("Rockwell" or the "Company") (TSX:RDI; JSE:RDI) provides a further update to the interim liquidation orders against three subsidiaries of the Company issued by a judge in Kimberley, South Africa on March 23, 2017. The interim orders, which have yet to be confirmed in a final hearing which [...]
VANCOUVER, April 17, 2017 /CNW/ - Rockwell Diamonds Inc. ("Rockwell" or the "Company") (TSX:RDI; JSE:RDI) provides an update to the interim liquidation order against three subsidiaries of the Company issued by a judge in Kimberley, South Africa, on March 23, 2017. The interim orders, which have yet to be confirmed in a final hearing, include [...]
VANCOUVER, March 24, 2017 /CNW/ - Rockwell Diamonds Inc. ("Rockwell" or the "Company") (TSX:RDI; JSE:RDI) announces that a judge in Kimberley South Africa issued an interim liquidation order against three subsidiaries of the Company yesterday. The interim orders, which have to be confirmed in a final hearing, include Rockwell Resources RSA (Pty [...]
VANCOUVER, Feb. 20, 2017 /CNW/ - Rockwell Diamonds Inc. ("Rockwell" or the "Company") (TSX:RDI; JSE:RDI) announces that it has concluded the sale transaction entered into with Nelesco 318 Proprietary Limited ("Nelesco") for certain assets, the assumption of ZAR70M (CAD $7.0M) in rehabilitation liabilities, the transfer of 100 employees and a cash [...]
Rockwell Diamonds announces results for the three months ended November 30, 2016. Currency values are presented in Canadian dollars, unless otherwise indicated. Salient features Gross loss - loss of $(3.4) million before amortisation and depreciation for Q3 F2017. Net Loss - net loss of $(5.5) million for the quarter, compared to $(10.5) million [...]
VANCOUVER, Dec. 22, 2016 /CNW/ - Rockwell Diamonds Inc. ("Rockwell" or the "Company") (TSX:RDI; JSE:RDI) announces that it has entered into a purchase and sale agreement with Nelesco 318 Proprietary Limited ("Nelesco") for certain assets and the assumption of certain liabilities for cash consideration of R45M (CAD $4.3M), and the assumption of [...]
VANCOUVER, Nov. 29, 2016 /CNW/ - Rockwell Diamonds Inc. ("Rockwell" or the "Company") (TSX:RDI; JSE:RDI) announces that the spoliation application by C-Rock Mining Limited ("CML") was dismissed with costs. Earlier today, the High Court in Kimberley, South Africa, dismissed CML's application for a spoliation order and awarded all costs to Rockwell [...]
VANCOUVER, Nov. 24, 2016 /CNW/ - Rockwell Diamonds Inc. ("Rockwell" or the "Company") (TSX:RDI; JSE:RDI) announces the following update on its Business Repositioning Plan and latest developments on the mining contract. Business Repositioning Rockwell disclosed in the second quarter Management Discussion and Analysis issued in mid-October that it [...]
VANCOUVER, Nov. 9, 2016 /CNW/ - Rockwell Diamonds Inc. ("Rockwell" or the "Company") (TSX:RDI; JSE:RDI) announces the appointment of Patrick Cooke CA(SA) as Chief Financial Officer with effect on November 7, 2016. Patrick is a senior financial executive, a graduate of the University of Witwatersrand in Johannesburg, and earned his CA designation in [...]
