| Wed 11 May 2011, 17:36 | | RDI - Rockwell Diamonds appoints new CEO |
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RDI
RDI
RDI - Rockwell Diamonds appoints new CEO
ROCKWELL DIAMONDS INCORPORATED
(A company incorporated in accordance with the laws of British Columbia,
Canada)
(Incorporation number BCO354545)
(Formerly Rockwell Ventures Inc.)
(South African registration number: 2007/031582/10)
Share code on the JSE Limited: RDI ISIN: CA77434W1032
Share code on the TSX: RDI CUSIP Number: 77434W103
Share code on the OTCBB: RDIAF
("Rockwell")
ROCKWELL DIAMONDS APPOINTS NEW CEO
May 11, 2011, Vancouver, BC - Rockwell Diamonds Inc. ("Rockwell Diamonds" or
the "Company") (TSX: RDI; JSE: RDI; OTCBB: RDIAF) is pleased to announce the
appointment of Mr. James Campbell as President and Chief Executive Officer of
the Company with effect from 1 June 2011.
James joins Rockwell Diamonds from Lucara Diamond Corp where he was the Vice
President - New Business. Prior to this he was Managing Director of African
Diamonds plc ("AFD"), listed on London AIM and the Botswana Stock Exchange,
for a period of four years until its acquisition by Lucara in December 2010.
During this time he played an instrumental role in the process which led to
the award of a Mining License for AK6, Lucara`s flagship diamond project in
Botswana.
Prior to joining AFD, James worked at De Beers for over twenty years. His
career there culminated in his appointment as General Manager responsible for
advanced exploration and resource delivery in the Global Mining and
Exploration group.
James holds a degree in Mining & Exploration Geology from the Royal School of
Mines (Imperial College, London University) and an MBA with distinction from
Durham University. James is a Fellow of the Institute of Mining, Metallurgy &
Materials, Chartered Engineer (UK), Chartered Scientist (UK), a Professional
Natural Scientist (RSA) and a member of the Institute of Directors of South
Africa.
Commenting on his decision to join the Company, James explains that: "Rockwell
Diamonds has overcome a number of significant challenges in the last two
years, and is on the verge of delivering on its growth potential. It has
exciting investment plans to leverage its projects and sustainably ramp up
carat production. During the process of evaluating this opportunity, both the
projects and the management team made a positive impact on me, resulting in my
decision to join the Company."
"We are delighted to welcome James as the new leader of Rockwell Diamonds. He
brings a wealth of experience gained in the diamond sector at this crucial
time when Rockwell Diamonds is embarking on further investments to achieve its
objective of ramping up monthly production to 10 000 carats within six years,"
says David Copeland, Chairman, Rockwell Diamonds. "We are confident that with
his knowledge and understanding of the industry he will make a meaningful
contribution to unlocking the underlying value of the Company."
For further information on Rockwell and its operations in South Africa, please
contact
Mark Bristow Non-executive director and acting CEO +44 778 071 1386
Stephanie Leclercq Investor Relations +27 (0)83 307 7587
For further information on Rockwell, Investors should review Rockwell`s annual
Form 20-F filing with the United States Securities and Exchange Commission
www.sec.com and the Company`s home jurisdiction filings that are available at
www.sedar.com.
Johannesburg
11 May 2011
Sponsor
Sasfin Capital (a division of Sasfin Bank Limited)
Date: 11/05/2011 17:36:01 Produced by the JSE SENS Department.
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