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BlueRock says production not materially affected, following peaceful demonstration at Kareevlei

BlueRock is likely to boost employment in the area as plans to optimise the resource progress

Bluerock Diamonds Plc -

BlueRock Diamonds PLC (LON:BRD)  is meeting with the local community around its Kareevlei diamond mine in South Africa, following a peaceful demonstration on Sunday.

BlueRock holds a 74% interest in Kareevlei.

Production at the mine has not been materially affected, and all operations are online.

BlueRock said it maintains regular dialogue with all its stakeholders and takes its corporate social responsibilities very seriously, particularly as it operates in an area of high unemployment. 

The company employs a dedicated person to fulfil its social responsibility policies which involve, within the company's financial capacity, supporting facilities that improve the quality of life of the community local to its mine.   

“Naturally, we are disappointed that a demonstration was deemed necessary given we maintain regular contact with the local community and government,” said BlueRock executive chairman, Mike Houston.

“Production has not been materially affected and we remain confident of achieving our internal budget, whilst we develop longer-term mine plans to optimise the resource. These plans when implemented will importantly result in additional employment, the increased use of local services and have a very positive impact on the community at large. We look forward to maintaining a good working relationship with our community."


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Price: 43 GBX

Market Cap: £6.07 m

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