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Rockwell Diamonds Inc.
Rockwell Diamonds Inc. Rockwell Diamonds Inc.
Rockwell Diamonds Inc. Rockwell Diamonds Inc.
Rockwell Diamonds Inc. Rockwell Diamonds Inc. Rockwell Diamonds Inc.
Rockwell Diamonds Inc. Rockwell Diamonds Inc.
Rockwell Diamonds Inc.

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Rockwell Diamonds Inc.
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 August 07, 2007
Rockwell Achieves Excellent Prices In Its July Diamond Tender:

 
Receives average value of US$1,676 per carat for 2,196 carats

August 7, 2007, Vancouver, BC -- Rockwell Diamonds Inc ("Rockwell" or the "Company") (TSXV: RDI; OTCBB: RDIAF) reports on its diamond tender sales completed on July 26, 2007.

The average price achieved by the Company for the sale was US$1,676 per carat on total revenue of US$3,682,211. Consistently high prices were received for diamonds from all three of the Company's operations, with strong demand and excellent US Dollar per carat values being achieved for stones larger than 3 carats. The Company again achieved prices higher than the reserve prices set on all its goods.

OPERATION
SALES
(CARATS)
AVERAGE PRICE
(US$ PER CARAT)
Wouterspan
541.12
1,743
Holpan
657.11
1,744
Klipdam
998.09
1,596
TOTAL
2,196.32
1,676

The largest diamond sold on the tender was a 61-carat G colour stone from Holpan. The parcel also included 22 stones in the 10 to 20 carat size range and 3 stones in the 20 to 30 carat size range, including a 32.84 carat stone from Holpan and a 40.90 carat stone from Klipdam.

President and COO John Bristow noted that "The July tender represented 28 days of production. Again, it was satisfying to achieve strong prices from all Rockwell's operations. The high quality of diamond production and related excellent diamond prices achieved from Holpan and Klipdam in recent months has been particularly satisfying."

For further details on Rockwell Diamonds Inc., please visit the Company's website at www.rockwelldiamonds.com or contact Investor Services at (604) 684-6365 or within North America at 1-800-667-2114.

John Bristow
President and COO

No regulatory authority has approved or disapproved the information contained in this news release.
The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.

Forward Looking Statements

This release includes certain statements that may be deemed "forward-looking statements". Other than statements of historical fact all statements in this release that address future production, reserve or resource potential, exploration drilling, exploitation activities and events or developments that each Company expects are forward-looking statements. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in the forward-looking statements. There is no certainty of the financing completing. Factors that could cause actual results to differ materially from those in forward-looking statements include market prices, exploitation and exploration successes, changes in and the effect of government policies regarding mining and natural resource exploration and exploitation, availability of capital and financing, geopolitical uncertainty and political and economic instability, and general economic, and market or business conditions. Investors are cautioned that any such statements are not guarantees of future performance and that actual results or developments may differ materially from those projected in the forward-looking statements. For more information on Rockwell, Investors should review Rockwell's annual Form 20-F filing with the United States Securities and Exchange Commission www.sec.com and the Company's home jurisdiction filings that are available at www.sedar.com.

 
 

You can view the Next News Releases item: Wed Sep 19, 2007, Rockwell Achieves Strong Prices For Its August Diamond Tender And Looks To Add Value By Diversifying Its Sales Approach

You can view the Previous News Releases item: Tue Jul 3, 2007, Rockwell Initiates Installation Of Turnkey Security System And Network At Its South African Diamond Operations

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