viewBluerock Diamonds Plc

Bluerock Diamonds sells 12.2 carat diamond for US$105,000

The diamond is BlueRock's second most valuable diamond recovered to date

The Kareevlei mine has seen increased volumes and higher value stones

BlueRock Diamonds PLC (LON:BRD) has sold a 12.2 carat diamond for US$105,000 in its July tender.

The company, which owns and operates the Kareevlei diamond mine in the Kimberley region of South Africa, said the diamond is its second most valuable diamond recovered to date after a 24.98 carat diamond that was sold for US$196,000 in June.

Executive chairman Mike Houston said the miner continues to be encouraged by the ongoing recovery of high quality stones.

"We have made excellent progress in improving our operational practises at Kareevlei which has resulted in increased volumes and the more regular recovery of higher value stones."

Quick facts: Bluerock Diamonds Plc

Price: 42 GBX

Market: AIM
Market Cap: £2.21 m

Add related topics to MyProactive

Create your account: sign up and get ahead on news and events


The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...

In exchange for publishing services rendered by the Company on behalf of Bluerock Diamonds Plc named herein, including the promotion by the Company of Bluerock Diamonds Plc in any Content on the Site, the Company...



BlueRock Diamonds: 'Creative deal-making' sees it back in production and...

Mining Capital's Alastair Ford caught up with Proactive London's Andrew Scott after speaking to the team at BlueRock Diamonds (LON:BRD). He says they've restarted production at the Kareevlei operation in South Africa and has also negotiated a finance facility that will support sales of...

1 week, 5 days ago

2 min read