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Diamonds & gemstones

BlueRock Diamonds says exceptional 8.97 carat diamond recovered from Kareevlei mine in South Africa

The AIM-listed diamond producer, which owns and operates the mine, pointed out that this will be the third stone independently valued in excess of $50,000 recovered from Kareevlei

BlueRock Diamonds PLC (LON:BRD) has announced the recovery of an exceptional 8.97-carat diamond on Friday 1 February from its Kareevlei mine in the Kimberley region of South Africa.

The AIM-listed diamond producer, which owns and operates the mine, pointed out that this will be the third stone independently valued in excess of $50,000 recovered from Kareevlei.

WATCH: BlueRock Diamonds' Adam Waugh hails exceptional 8.97 carat diamond

It noted that the two previous record value stones were a 7.76 carat stone recovered in 2017 and sold for $10,070 per carat and a 10.58 carat stone recovered in 2018 and sold for $7,047 per carat.

Adam Waugh, BlueRock's CEO commented, "The 8.97 carat stone recovered on Friday 1st February, along with two other high-quality 6.36 carat and 3.64-carat diamonds, reinforces the exceptional quality being produced at Kareevlei."

The discovery came days after the recommencement of operations at Kareevlei after the lifting of a temporary suspension of operations imposed by the country’s mining regulator following an accident at the mine.

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