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BlueRock Diamonds ramps up production

Thu, 31st Mar 2016 16:32

(ShareCast News) - BlueRock Diamonds was ramping up production at its two plants, it reported on Thursday, with a strategic review underway to ensure it was operating at maximum efficiency.The AIM-traded company appointed specialist mining consultancy VBKOM to join its management team, and to review its mining strategy and produce a life-of-mine plan in January.Thursday's update saw the board confirm that process was now underway, and was expected to be finalised in the next couple of months.Additionally, BlueRock was looking to appoint an experienced mine manager as part of its strategic review, and had identified an individual it hoped to hire in the coming weeks.On the production front, BlueRock's combined throughput at the Kareevlei and Diacar plants was now in excess of 20,000 tonnes per month, up from 14,000 tonnes reported in December."The water shortages that we faced during the very dry summer have been alleviated by rain and a change in our processing which enables us to utilise the water that we have more efficiently and we are exploring ways of preventing this recurring," the company's board said in a statement.BlueRock also reported that values per carat remained significantly higher than initially anticipated, with average values for the first three months of 2016 sitting at $263 per carat for Kareevlei and $469 for Diacar."However, until both plants are operating at their optimum efficiency we will be unable to be certain of our run of mine average value per carat," the board explained.
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8 Jul 2019 10:25

With Record Diamond Production In 2nd Quarter, BlueRock Set For Profit

(Alliance News) - BlueRock Diamonds PLC on Monday announced it achieved record production at its flagship Kareevlei mine in South Africa during the second quarter of 2019.During the period

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14 Jun 2019 12:07

BlueRock Diamonds Sells "Record" 25 Carat Diamond For USD190,000

(Alliance News) - BlueRock Diamonds PLC said Friday it has sold its largest diamond recovered to date at an auction price of USD190,000.On Friday last week, the diamond producer recovered I

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7 Jun 2019 13:34

BlueRock Diamonds Recovers "Record" 25 Carat Diamond In South Africa

LONDON (Alliance News) - BlueRock Diamonds PLC on Friday said it recovered its "largest diamond to date, a 24.98 carat gem, at its Kareevlei diamond mine in the Kimberley region of South said

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7 Jun 2019 12:53

BlueRock Diamonds recovers its largest ever diamond

(Sharecast News) - BlueRock Diamonds has recovered its largest diamond to date at its Kareevlei mine in the Kimberley region of South Africa.

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12 Apr 2019 12:04

Tri-Star Resources Finance Boss & Acting CEO And Chair To Step Down

LONDON (Alliance News) - Tri-Star Resources PLC on Friday said that Acting Chief Executive Officer & Chief Financial Officer Karen O'Mahony will step down from her role at the end of took

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2 Apr 2019 11:26

BlueRock sales pick up following move to continuous production

(Sharecast News) - AIM-listed diamond producer Bluerock saw production and sales increase during the first quarter of its trading year.

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15 Mar 2019 11:02

BlueRock moves to continuous operations

(Sharecast News) - Diamond miner BlueRock has been granted the necessary permissions to allow it to move to 365-day operations.

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11 Feb 2019 09:02

BlueRock Diamonds Raises Further New Funds For Mine Development (ALLISS)

LONDON (Alliance News) - BlueRock Diamonds PLC said Monday it has raised GBP575,000 to continue to progress the development of Kareevlei diamond mine located in the Kimberley region of South has a

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5 Feb 2019 09:19

BlueRock Diamonds Recovers 9 Carat Diamond For Kareevlei

LONDON (Alliance News) - BlueRock Diamonds PLC on Tuesday said it recovered an "exceptional" 8.97 carat diamond on Friday last week.The AIM-listed diamond producer said the stone

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24 Jan 2019 15:54

BlueRock operations at Kareevlei Diamond Mine temporarily suspended

(Sharecast News) - BlueRock Diamonds, which owns and operates the Kareevlei Diamond Mine in the Kimberley region of South Africa, announced the temporary suspension of operations there on Thursday.

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30 Nov 2018 15:47

BlueRock Diamonds denies claims by former director Riaan Visser

(Sharecast News) - Diamond mining company BlueRock Diamonds updated the market on claims made by its former director Riaan Visser on Friday.

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20 Nov 2018 11:12

BlueRock Says Grades From Kareevlei Mine "Exceeding Expectations"

LONDON (Alliance News) - BlueRock Diamonds PLC on Tuesday said that average grades from its Kareevlei diamond mine exceeded the company's expectations.However, shares in the mining were

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2 Nov 2018 16:32

BlueRock Diamonds Raises GBP711,000 Via Share Issue, Appoints Chair (ALLISS)

LONDON (Alliance News) - BlueRock Diamonds PLC said Friday it raised GBP711,000 in a placing and subscription of shares.The diamond mining company raised GBP626,000 issuing 208.7 million at

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24 Oct 2018 12:19

BlueRock Ex-Chief Executive Starts Recovery Proceedings In Court

LONDON (Alliance News) - BlueRock Diamonds PLC said Wednesday it believes the claims from its former chief executive officer Riaan Visser to "have no merit" and it intends to defend them

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8 Oct 2018 12:59

BlueRock Diamonds Shares Down As 2018 Production Guidance Lowered

LONDON (Alliance News) - Shares in BlueRock Diamonds PLC dropped on Monday as it lowered its production guidance for 2018 slightly despite reporting a rise in production for the third in the miner

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