Rockwell’s new head pulls no punches on what is wrong at the diamond miner
Executive officer Tjaart Willemse, a De Beers veteran, details a litany of problems that created the company’s ‘state of despair’
THE new executive in charge of Rockwell Diamonds tore into the way the mining company has been managed in his assessment of the company he was appointed to lead after the board reviewed its underperforming assets and strategy.Tjaart Willemse, a De Beers veteran who is executive officer of the underperforming alluvial diamond miner, is taking over from diamond mining veteran James Campbell, who said he was stepping down as CEO after the outcome of the review into the newly acquired Remhoogte mine and the behind-schedule and over-cost Wouterspan project.The board was prompted to intervene and will monitor the mines and projects on a weekly basis.In his first comments on the state of Rockwell, Willemse pulled no punches in a brutally frank assessment of where the company found itself."From my observations to date on the general health of the business and understanding of the main contributors to its current position, it is clear that the business finds itself in a state of despair for ...
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