BRIEF-Rockwell Diamonds streamlines corporate structure, returns to Wouterspan

Mon Apr 25, 2016 4:39pm EDT
 
Email This Article |
Share This Article
  • Facebook
  • LinkedIn
  • Twitter
| Print This Article
[-] Text [+]

April 25 (Reuters) - Rockwell Diamonds Inc :

* Rockwell streamlines its corporate structure, returns to Wouterspan, bolsters processing capacity at Holsloot and Remhoogte and looks to future value opportunities

* Rockwell diamonds inc says during q4 implemented a number of decisions that had arisen from strategic and operational review of business

* Rockwell diamonds inc says assessing further royalty proposals to continue to extract further value from Saxendrift property

* Rockwell diamonds inc says LL diamonds recovered by royalty miners at Saxendrift will be sold by company through its sales system

* For Saxendrift operations , company directed operations continue to wind down

* Rockwell diamonds inc says Johannesburg corporate office has been closed, staffing reduced and key senior company executives have relocated to Mor

* Closure of head office, staffing reduced and key senior company executives have relocated to Mor on a full-time basis Source text for Eikon: Further company coverage: (Bengaluru Newsroom: +1 646 223 8780)