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Bluerock Diamonds Plc: THE INVESTMENT CASE
INVESTMENT OVERVIEW

BlueRock Diamonds crushing it again at Kareevlei

While the fault with BlueRock's cone crusher was being rectified, a rented crusher was installed on site at Kareevlei at modest additional cost
Crushing machine
INVESTMENT OVERVIEW: BRD The Big Picture
BlueRock will update on the third quarter's production in early October 2018

The crushing circuit at BlueRock Diamonds PLC’s (LON:BRD) Kareevlei diamond mine is now processing at or above the company’s target level.

The circuit is grinding its way through 80 tonnes or so per hour following the installation of a second cone crusher and the implementation of optimisation initiatives.

READ: BlueRock Diamonds resumes production at Kareevlei mine following cone crusher fault

The fault on the original cone crusher has been rectified and the crusher is operating in tandem with the crusher that was rented to tide the company over while the first crusher was out of action.

The company will now be able to produce stockpiled material to alleviate the production challenges in the rainy period from January to April.

"I am delighted that we have resolved our issues with the crushing circuit and we now look forward to a continuous period of production at or above our target levels,” said Adam Waugh, BlueRock’s chief executive officer.

“With two cone crushers now on site at Kareevlei and stockpiles expected to build up for processing during the rainy season we are in good shape for the remainder of Q3 and Q4 particularly as we prepare to process Kimberlite from our higher grade KV1 pipe, the second of five pipes within the project area. With this in mind we look forward to the rest of the year with optimism," Waugh said.

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