Rusal to cut aluminum output by 6%
Rusal said disruption to bauxite supplies from Guinea and Brazil and output suspensions in Australia contributed to a surge in alumina prices.
Diamond mining company Rockwell Diamonds (TSX: RDI; JSE: RDI; OTCBB: RDIAF) reported on Wednesday that its diamond sales for the first quarter of its 2013 financial year reached 6 234 ct and generated $5.9 million.
CEO James Campbell said in a statement Rockwell planned to incorporate the technology into future mining developments, as the results gave it confidence that it could unlock further sales revenues.
The average price a carat for the quarter was $944 and sales included 1 005 ct from the proof-of-concept bulk X-ray plant, located at the company’s Saxendrift mine, which were sold at an average price of $853/ct.
For more details, you can read the full Q1 results announcement here.
