David Geovanis
Director
Somerset
Since 2017, Mr. Geovanis established and managed Somerset's successful business in the Russian mineral processing industry. Somerset's proprietary mineral recovery system recovers additional salable product that is currently being lost to tailings using its patented high speed centrifuges. Somerset designs, installs and operates its systems at no cost to their clients and with no interuption to their existing operations. Prior to joining Somerset, he held senior management positions at several leading international financial industrial groups including Basic Element. Mr. Geovanis also served on the Board of Directors of several major corporations including Svyazinvest, the Russian national telecom operator, RAO UES, the Russian national energy company and 4finance, where he also served as Chairman of the Board.
Sustainable Tailings Management
Founded in 2008 and headquartered in Pennsylvania U.S., Somerset International is a world leader in technology for recovering ultra-fine minerals from tailings flows. Our company has a patented, unique centrifuge technology developed at its R&D development centers in U.S. and Australia which insures continuous improvement of performance of its system.
Somerset's unique business model is asset light – capex & opex free for client with all project costs paid for by our company. We install our system in our client's processing plants with no interruption to existing operations.
We have installed and operate our systems in 32 mineral processing plants in the U.S., Canada, Australia and Russia. We have invested more than $100 million of our own capital in these systems.