Rockwell Diamonds Completes Four Royalty Mining Contracts
Oct. 12, 2012 09:43AM PST
Gem InvestingMining Weekly reported Rockwell Diamonds (TSX:RDI) has concluded four royalty mining contracts allowing small-scale operators to mine certain areas of its Tirisano and Klipdam properties.
Mining Weekly reported Rockwell Diamonds (TSX:RDI) has concluded four royalty mining contracts allowing small-scale operators to mine certain areas of its Tirisano and Klipdam properties.
As quoted in the market news:
Small-scale owner-managed earthmoving companies would mine 50 000 m3 regions on Rockwell’s Tirisano and Klipdam properties, which the group deemed unsuitable for its high-volume operating model.
Campbell said these areas could still produce revenue for Rockwell, while uplifting and cultivating the growth of local businesses.