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Diamonds & gemstones

BlueRock rolling again at Kareevlei

The company said it expects to be operating at full-tilt by the end of May 2020

BlueRock Diamonds PLC (LON:BRD) has said mining and processing operations have restarted at its Kareevlei diamond mine in the Kimberley region of South Africa.

The company added that it expects to be operating at capacity by the end of this month but said that its expansion plans for the mine remain on hold.

"Management and the board have put a lot of effort and thought into the start-up of our Kareevlei operation and in particular the safety of our employees and the risks associated with production and the market in what is a challenging and developing situation,” Mike Huston, the executive chairman of BlueRock said in a statement.