logo-loader
Bluerock 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

diamond
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: £0.58

Market: AIM
Market Cap: £1.89 m
Follow

Add related topics to MyProactive

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

NO INVESTMENT ADVICE

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...

FOR OUR FULL DISCLAIMER CLICK HERE

Watch

Investor Update: AfriTin Mining produces first concentrate from Uis mine

Headlines from the Proactive UK newsroom. AfriTin Mining (LON:ATM) has produced is first tin concentrate from the Uis mine in Namibia. The miner has also signed an offtake deal with a Thai group.  BlueRock Diamonds (LON:BRD) has sold a fifth diamond this year for more than US$50,000....

5 days, 8 hours ago

RNS

Update on Broker

2 weeks, 4 days ago

Teichmann Contract Signed

2 weeks, 4 days ago

Total Voting Rights

3 weeks, 3 days ago

Price Monitoring Extension

4 weeks, 2 days ago

Result of AGM

4 weeks, 2 days ago

2 min read