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BlueRock Diamonds unearths second diamond in excess of 20 carats from South African mine

The latest ‘sparkler’ weighed in at 20.72 carats and is of gem quality

Bluerock Diamonds Plc -

BlueRock Diamonds PLC (LON:BRD) has unearthed a second stone in excess of 20 carats from its Kareevlei mine in South Africa’s Kimberley region.

The latest ‘sparkler’ weighed in at 20.72 carats and is of gem quality. The previous diamond was 24.98 carats and was sold US$190,000.

We’ll find out how much the latest discovery fetches once the tender process is complete next month.

“I am highly encouraged by the recovery of yet another significant stone which is of a similar quality to a number of other larger stones that we have recovered recently,” said BlueRock chairman Mike Houston.

“I look forward to updating the market on the sale price following the completion of the October tender."

Quick facts: Bluerock Diamonds Plc

Price: 106 GBX

Market: AIM
Market Cap: £3.45 m

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Investor Update: BlueRock Diamonds makes record sale for one of its stones

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on 28/10/19

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