Rockwell acquires 20% stake in Flawless Diamond
Rockwell Diamonds recently became a 20 percent stakeholder in Flawless Diamond Trading House Ltd., after buying the share from Hennie van Wyk. The deal was worth around $97,000. According to reports, Rockwell, the core diamond mining company, views the deal as a move to bring in additional revenues, while also giving it the platform to learn the demand and depth of the international diamond market, which has changed with the emergence of new lead markets. Flawless Diamond is engaged in marketing and sales of diamonds.