Our business strategy
- DiamondTech has a sound commercial strategy in place. Joint ventures with mining rights holders enable real mutual benefit from diamond mining operations.
- The main objectives with our commercial strategy are to reduce the required capital outlay to access reserves, gain access to more resources in a shorter time, limit exploration expenditure and make use of the LRU transportability to relocate from one to another promising site.
- The first mining joint venture of this nature is in place at the Grasfontein Diamond Mine in South Africa’s Northwest province. The site is fully operational, using the DiamondTech LRU system in conjunction with a uniquely designed process plant providing diamond bearing material to the LRU’s.