Oct 11 (Reuters) - Rockwell Diamonds Inc :
* Announces results for second quarter fiscal 2013 and continued progress with
* Quarterly diamond production up 34% year-on-year on back of 37% increase in
volumes of gravel processed
* Qtrly gross diamond revenues of $7.4 million compared to $6.0 million for
first quarter of 2013 * Source text The net loss for the quarter totalled $2.4 million
The Company recorded US$ denominated diamond sales of US$6.8 million, in line with the second quarter of the previous year.
Including beneficiation revenues that amounted to $0.4 million, the Company reported total revenue of $7.4 million. The decline in beneficiation revenue is due to a seasonal slowdown in trading during summer in the northern hemisphere.
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