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BlueRock Sells 7.63 Ct Diamond for US$ 52,000; Realises US$ 6,815 Per Carat

Aug 20, 2019

BlueRock Diamonds plc announced that it has sold, in the August tender, a 7.63 carat diamond, retrieved from its Kareevlei Diamond Mine in the Kimberley region of South Africa, for US$ 52,000; thus realising US$ 6,815 per carat.

The Company pointed out that this is the fifth diamond sold this year at a price in excess of US$ 50,000, taking its total sale price to US$ 500,000.

Mike Houston, Executive Chairman 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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