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BlueRock announces sale of 24.98 carat diamond

Published by , Editor
Global Mining Review,

BlueRock Diamonds PLC, the AIM-listed diamond producer, which owns and operates the Kareevlei diamond mine in the Kimberley region of South Africa, has announced the sale of the 24.98 carat diamond, recovered earlier in June as reported in the company’s announcement of 7 June 2019. The diamond achieved an auction price of US$190 000.

Mike Houston, Executive Chairman, commented: “We are delighted with the sale of our largest diamond to date, a 24.98 carat gem quality stone, which showcases the potential of Kareevlei. We continue to make excellent progress implementing our development strategy to increase production and are clearly seeing the impact of higher throughput being achieved reflected in the number of high value stones we continue to produce. To this end, I look forward to providing a more detailed update in our quarterly production report, which is expected to be announced in early July.”

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