Rockwell Diamonds has acquired a 20% stake in Flawless Diamond Trading House Ltd, a posting on the miner's website said.

Flawless Diamond Trading House (FDTH) was established in 2006 to provide a professional marketing and sales facility to market and sell Rockwell diamonds, as the miner had no prior experience of marketing high quality alluvial gemstones.



FDTH, said the statement, has since established a presence in South Africa's internationally recognized high security diamond trading, while following rigorous diamond handling, security, and Kimberley Process protocols.

Aside from providing a unique marketing and sales arm for Rockwell, FDTH also conducts sales on behalf of other small South African producers; and has also facilitated the successful marketing and sales agreement that Rockwell entered into with the Steinmetz Diamond Group.

The diamond miner's website added that the recently acquired 20% stake in FDTH will provide it with access to additional revenue, allowing the company to gain insight into diamond sales trends which will assist with its short and long term production and growth plans.