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    Rockwell Diamonds Completes Four Royalty Mining Contracts

    Investing News Network
    Oct. 12, 2012 09:43AM PST
    Gem Investing

    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.

    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.

    Click here to read the full Mining Weekly report.

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