Rockwell Launches a Diamond Mine in South Africa
Revealed at the mining conference...Rockwell Diamonds Company launched a diamond mine in South Africa on Wednesday with two separators, which were produced at the St. Petersburg enterprise Burevestnik. Rockwell Diamonds' CEO, James Campbell, confirmed the news to Itar-Tass at the international mining conference Indaba, which is being held in Cape Town.
Burevestnik, which is a subsidiary of ALROSA, entered the African market in 2009, when the world economic crisis slammed the diamond industry. Over 20 separators produced at the Russian enterprise are used in South Africa, Lesotho and Zimbabwe.
"The diamond companies have the conservative management, which is cautious over all novelties," Burevestnik's director general, Vladimir Tsvetkov, told Itar-Tass. The directorate of the mine in Lesotho was pondering for a long time over whether or not to buy Russian separators, but when they had extracted 49 diamonds from the ore waste for two weeks, the doubts were lifted. The largest diamond had a weight of 97 carats.
Massive strikes, which impacted the mining industry this year, were avoided in the South African diamond industry. Therefore, Burevestnik hopes for further success. "We will promote our equipment in Africa, particularly at this conference," Tsvetkov said, demonstrating a mocked model of the separator in action.
Over 7,500 financiers, investors and specialists representing 1,800 companies from 100 countries are participating in the Indaba.
By: Itar-Tass
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