BlueRock Diamonds PLC has sold a 6.8 carat stone for US$63,186 in its January 2022 sale.
BlueRock produces diamonds from its Kareevlei mine, near Kimberley in South Africa.
"We recently announced we had two potentially high value stones to sell in the January tender and although one fell under our US$50,000 disclosure threshold, we are delighted to have sold a 6.8 carat stone for US$63,186,” said Mike Houston, executive chairman of BlueRock said.
“What was particularly encouraging was the average price of US$565 per carat achieved for the total January tender.”
During 2021 the tender price averaged US$465 per carat.
Houston said the higher average selling price was a reflection of the continued overall quality of Kareevlei diamonds and the strong market demand seen so far in 2022.
The Kareevlei licence area covers 3,000 hectares and hosts five known diamondiferous kimberlite pipes with a combined inferred resource of 516,200 carats.
Based on planned production of one million tonnes per annum, Kareevlei has a minimum 10-year life of mine.