Monday 16th December 2019 Font size:

BlueRock Diamonds sells a 12.2 carat diamond for USD105,000

Friday, July 19th, 2019

BlueRock Diamonds plc, the AIM listed diamond mining company, which owns and operates the Kareevlei Diamond Mine in the Kimberley region of South Africa (“Kareevlei”), is pleased to announce that it has sold a 12.2 carat diamond for USD105,000 (USD8,584/carat), in the July tender.

This diamond is the second most valuable diamond the Company has recovered to date, following the sale of a 24.98 carat diamond in the June tender for USD196,000.

Mike Houston, Executive Chairman commented, “We are delighted to have received in excess of USD100,000 for this diamond and continue to be encouraged by the ongoing recovery of high quality stones. We have made excellent progress in improving our operational practises at Kareevlei which has resulted in increased volumes and the more regular recovery of higher value stones.
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