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BlueRock Diamonds 'back on track' after significant sale of 14.8 carat stone for US$167,000

BlueRock Diamond PLCs' (LON:BRD) finance director, David Facey talks to Proactive London about the prospects for the diamond industry in 2021.

One of the key indicators of what's to come for the diamond firm, is the sale of a 14.8 carat stone for US$167,000, equating to a price per carat of US$11,300.

After boosteing production at its Kareevlei mine during 2020, Facey is confident, given that he says diamond prices are recovering well.

Quick facts: Bluerock Diamonds PLC

Price: 53 GBX

AIM:BRD
Market: AIM
Market Cap: £4.82 m
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BlueRock Diamonds boost production and get set for new plant opening in Q1

BlueRock Diamond PLCs' (LON:BRD) finance director, David Facey talks to Proactive London about managing to boost production at its Kareevlei mine in South Africa during the 2020.  Facey addresses the challenges of operating a diamond mine in the midst of an unprecedented global pandemic...

on 13/1/21

2 min read