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Rockwell Announces Further Details on Its Acquisition of Trans Hex's Alluvial Diamond Operations & Projects in Middle Orange River Area, South Africa
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VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - March 12, 2007) -
Rockwell Ventures Inc. ("Rockwell" or the "Company") (TSX
VENTURE:RVI)(OTCBB:RVINF) is pleased to announce further details
regarding the Middle Orange Operations and Projects.
On March 6, 2007, Rockwell and Trans Hex Group Limited ("Trans
Hex") announced that the companies have entered into an agreement
whereby Rockwell's wholly owned South African subsidiary, Rockwell
Resources RSA (Pty) Ltd. ("Rockwell RSA"), may acquire two open pit
alluvial diamond mines and three alluvial diamond exploration
projects from Trans Hex ("the ...
Related newspaper, magazine, and trade journal articles from HighBeam Research
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South African black-owned mining company Mvelaphanda Diamonds (Mvela) has reached an agreement to increase its interest in alluvial diamond producer Trans Hex Group Ltd.(Brief Article)(Statistical Data Included)
; ...agreement to increase its interest in alluvial diamond producer Trans Hex Group Ltd. Under the terms of...million convertible debentures from Trans Hex, at R9.50/debenture. This represents an 11% premium to Trans Hex's average share price for the...
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Rockwell Acquires Middle Orange River Alluvial Diamond Operations & Projects From the Trans Hex Group
; ...owned subsidiary Trans Hex Operations (Pty...acquire two open pit alluvial diamond mines (Saxendrift...maintenance, and three alluvial diamond exploration projects...MORO") from Trans Hex (the "Transaction...Trust released to Trans Hex. The immediate...the ...
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Trans Hex provides breakdown of exploration assets. (Facets).(Trans Hex International)(Brief Article)(Statistical Data Included)
; Trans Hex International, South Africa's...between $1,949,000 to $2,045,000. Trans Hex International's interests include...located in Namibia, the Northbank Alluvial diamond project located in Namibia and...by an independent consultant, Trans Hex International's 98 percent ...
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Barra Grande failure spells end for Trans Hex Intl. (Exploration).(Alluvial diamond property in Minas Gerais,)(Brief Article)(Statistical Data Included)
; Toronto-based Trans Hex International Ltd (THI) has been informed by its 73.2%-owner, Trans Hex Group Ltd of South Africa, that all future financing...THI that exploration at the 63.4%-owned Barra Grande alluvial diamond property in Minas Gerais, Brazil, has failed to identify...gravel ...
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Trans Hex cuts funding for international prospecting arm. (Facets).(Trans Hex International)(Brief Article)
; Trans Hex, the South African diamond...decided to cut funding for Trans Hex International, its offshore...tough decisions for Trans Hex, said Calvyn Gardner, Trans Hex's CEO. But production...cost cutting measures, Trans Hex will be ready for a...Early in ...
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Endiama might cancel contract with Trans Hex.(Facets)
; ...contract it has with South African-based Trans Hex, because of what it said were delays...administrative council chairman, said that Trans Hex is not honoring commitments that had...Endiama's management board has given Trans Hex an ultimatum of three months to bring...
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Trans Hex buys Namco's vessel.(Namibian Minerals Corp.)(Brief Article)
; Trans Hex Group has purchased MV Ivan Prinsep, formerly...will be used to fulfil the first part of Trans Hex's commitments in the marine diamond-mining...schedule agreed with DFI. In other news from Trans Hex, the company's deputy chairman, Tokyo...
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Diamond Fields files claim against Trans Hex. (Facets).(Brief Article)
; ...joint venture partner, the South African Trans Hex Group, following what it said was Trans Hex's unilateral decision to suspend mining operations...primarily out from what it considers a breach by Trans Hex of their joint venture agreement of March...
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First for Trans-Hex.(develops undersea diamond mining tool)(Brief Article)
; South African diamond producer Trans Hex, believes that it has developed a marine-mini...coast of southern Africa. According to Trans Hex, prior to development of the tool, a...for ship-board processing. According to Trans Hex an added advantage of the mining tool...
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New modular diamond plant. (Panorama).(Brief Article)
; ...commissioned by Dowding Reynard and Associates (DRA) for Trans Hex Group, South Africa's second largest diamond producer...vehicle to the final recovery plant for final sorting. Trans Hex is a leader in alluvial diamond mining techniques and manages to profitably operate ...
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