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BlueRock Diamonds rakes in record US$236,000 from sale of single stone

The diamond, unearthed in September, weighed in at 20.72 carats

Bluerock Diamonds Plc -
Its previous record for the sale of a 24.8 carat stone for US$190,000 in June

BlueRock Diamonds PLC (LON:BRD) has sold a 20.72-carat gem-quality diamond for US$236,000 in its October tender.

In an update on Monday, the miner said this is the highest amount it has ever received for a single stone, outshining its previous record for the sale of a 24.8 carat stone for US$190,000 in June.

READ: BlueRock Diamonds hails record production

The owner and operator of the Kareevlei diamond mine in the Kimberley region of South Africa has sold at least seven diamonds this year at a price higher than US$50,000, and will announce its full sales for the fourth quarter in a production update in January.

Executive chairman Mike Houston said: "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."

Quick facts: Bluerock Diamonds Plc

Price: 104 GBX

Market: AIM
Market Cap: £3.39 m

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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