South Africa-focused diamond producer Rockwell Diamonds has seen a 45% year-over-year decline in the sales value of its precious gems to $7.13-million during the fourth quarter ended February 29, the company reported on Monday.
During the period, carats sold declined 42% year-over-year to 4 025 ct from all of the company-owned properties, while the average price declined 6% in the 12-month period to about $1 448/ct.
