Rockwell Diamonds Inc. Reports Earnings Results for the Second Quarter ended August 2017; Reports Operating Results for the Month and Three Months Ended August 2017
For the month of August 2017, the company reported volume processed were 56,457 m³ against 63,960 m³ a month ago. Carats recovered was 408 against 215 a month ago. The average price per carat sold was $2,685 against $899 a month ago.
For the three months ended August 2017, the company reported budgeted volumes were 175,000 m³, and the operations at Wouterspan never achieved that under the BRP's administration. Budgeted grade was 0.6 carats per 100 m³, and planned revenue per carat was $2,000.