Rockwell Diamonds has announced the sale of a rare 7.28 carat pink diamond for $145,000 per carat. The stone was recovered from its Holpan operation in the Northern Cape Province of South Africa.

Rockwell achieved a total record price of $1.054 million for the flawless intense pink, rounded octahedral diamond at its 10th tender sale held in Johannesburg last week.

Rockwell Diamonds` President and CEO Dr. John Bristow stated: "The recovery of a pink diamond from our Holpan operation is particularly exciting. The achievement of a record price for this stone attests to the potential for exceptional rarity, quality and value of the diamonds that are recovered from our unique Northern Cape alluvial diamond deposits."