Sep 23, 2019

BlueRock Sells 10.6 Ct Diamond for US$103,000

BlueRock Diamonds plc, owner-operator of the Kareevlei Diamond Mine in the Kimberley region of South Africa sold a 10.6 carat diamond for US$ 103,000 realising US$ 9,751 per carat, in its September tender.

“This is the sixth diamond that has been sold this year at a price of in excess of US$ 50,000 realising a total sale price of US$ 600,000 for these six stones,” BlueRock said.

The Company will announce the full tender results and production numbers for the quarter in the Q3 update, which will also include more details on costs along with updated guidance for FY2019.

Mike Houston, Executive Chairman commented: "I am pleased with the recovery and sale of yet another high value diamond which continues to underpin the increasing potential of the Kareevlei mine. I look forward to updating our shareholders in the Q3 2019 quarterly update.”