4/20/2015 - 9:47 AM EST - Rockwell Diamonds Inc. : announced its quarterly production and sales update for the three months ended February 28, 2015. Volumes of gravel processed up 45% at Middle Orange River ("MOR") operations from a year ago to 0.9 million m3; Saxendrift volumes up 95% as a result of a revised mining fleet, and although Niewejaarskraal volumes increased by 57% facilitated by modifications to the in-field screen it remained below plan. Carat production in MOR region up 13% due to better performance on volumes, but the grade was lower at 0.34 carats per 100m3. MOR diamond sales (excluding beneficiation) up 24% year-on-year to $10.6 million U.S. underpinned by the sale of two +120 carat stones recovered from Saxendrift. Total sales (excluding beneficiation) up 8% to $13.1 million U.S. including goods from royalty contractor miners. Rockwell Diamonds Inc.
shares T.RDI are trading unchanged at $0.21.
