At the end of three months closing May 31, 2012, Rockwell Diamonds noted a fall in its revenues, by 24 percent (on y-o-y basis) to $5.9 ‎million. But the volume of its sales was up by 30 percent to 6,234 carats. The company attributes the fall in revenues to declining prices of rough diamonds. Average prices of the diamonds decreased by 42percent to $944 per carat.

‎According to the company, the fall in diamond prices was concentrated more on the smaller diamonds, and prices of stones above 2 carats remained constant and the larger diamond sizes accounted for more than 80 percent of the company’s production.

The company’s production was up by more than double to 6,116 carats.