logo-loader
viewBluerock Diamonds Plc

BlueRock Diamonds sells diamond for six-figure sum

The full tender results and production numbers for the quarter will be announced in the company's third-quarter update, which will also include more details on costs along with updated guidance for the full year.

Diamond

BlueRock Diamonds PLC (LON:BRD) has sold a 10.6-carat diamond for US$103,000 in the September tender.

The owner and operator of the Kareevlei diamond mine in the Kimberley region of South Africa said it has now sold six diamonds this year at a price higher than US$50,000, realising an aggregate US$600,000 from these sales.

“I am pleased with the recovery and sale of yet another high-value diamond which continues to underpin the increasing potential of the Kareevlei mine,” said Mike Houston, the executive chairman of BlueRock.

“I look forward to updating our shareholders in the Q3 2019 quarterly update.”

Quick facts: Bluerock Diamonds Plc

Price: 111.5 GBX

AIM:BRD
Market: AIM
Market Cap: £3.63 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: BlueRock Diamonds makes record sale for one of its stones

Headlines from the Proactive UK newsroom. BlueRock Diamonds (LON:BRD) has sold a 20.72 carat diamond unearthed in September for US$236,000. It is the highest value achieved to date for a single stone form the Kareevlei mine.  Rockfire Resources (LON:ROCK) has hit a large sulphide zone...

on 28/10/19

2 min read