Rockwell Diamonds Second Quarter Fiscal Results Down Three Percent

Rockwell Diamonds Inc. (TSX:RDI,JSE: RDI) announced second quarter fiscal 2013 revenues from diamond sales before beneficiation which were down 3% compared to the same period last year.

As quoted in the press release:

Total proceeds of US$6.8 million were generated from the sale of 5,147 carats at an average price per carat for the quarter of US$1,322 compared to US$7.0 million for the same period last year and US$5.9 million for the previous quarter. The quarterly increase is underpinned by the jump in carats that was led by the Company’s diamond value management, reflecting a quarter-on-quarter increase of 30%.