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BlueRock Diamonds sells 7.63 carat diamond for US$52 000

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Global Mining Review,

BlueRock Diamonds plc – the AIM listed diamond mining company, which owns and operates the Kareevlei diamond mine in the Kimberley region of South Africa – has sold a 7.63 carat diamond for US$52 000 (US$6815/carat), in the August tender.

This is the fifth diamond that has been sold this year at a price of in excess of US$50 000, realising a total sale price of US$500 000.

Mike Houston, Executive Chairman of BlueRock Diamonds plc, commented: "The continued and improving regularity of discovery of high quality stones underpins the potential value of the project and the effectiveness of our recent improvements in operational practices. I look forward to updating our shareholders on further developments at Kareevlei as we continue to implement operational initiatives to optimise the performance of the mine.”

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