Oct 31, 2019

BlueRock Sells 20.72 Ct Diamond for US$ 236,000; Achieves Record Value for Single Stone

BlueRock Diamonds plc, owner and operator of the Kareevlei Diamond Mine in the Kimberley region of South Africa, has sold the 20.72 carat diamond retrieved earlier in 2019 for US$ 236,000 (US$ 11,389/carat) in the October tender.

“This is the highest value achieved for the mine to date for a single stone; the previous record sale was the 24.8 carat stone sold in June 2019 for US$ 190,000 (US$ 7,862/carat),” the Company said.

The full tender results and production numbers for the quarter will be announced in the Q4 update.

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.”