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BlueRock Diamonds' shares up after Kareevlei operations update

Tue, 14th Feb 2017 10:50

(ShareCast News) - Shares in BlueRock Diamonds are up more than 5% thanks to a well-received update on operations at Kareevlei, its licence area in the Northern Cape of South Africa.The licence area contained five known kimberlite pipes."The first blast of the current series was completed successfully on 9 February 2017, liberating approximately 15,000 tonnes of kimberlite," the company said.It added that material from this blast was now being processed through the processing plant."The new primary crushing and screening circuit is expected be commissioned later this week when volumes will start to gradually ramp up."CEO Adam Waugh said it was encouraging that the company was finally processing run-of-mine material for the first time since June 2016.At 10:29 GMT, shares in AIM-quoted BlueRock were up 5.26% to 5p each.

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5 Mar 2014 11:54

REPEAT: UK WINNERS & LOSERS: Admiral Group Motors Leads Blue-Chip Gainers

LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices midday Wednesday.

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FTSE 100 - WINNERS

Admiral Group, up 7%. The motor insurer reported a 7% increase in 2013

5 Mar 2014 11:51

UK WINNERS & LOSERS: Admiral Group Motors To Lead Blue-Chip Gainers

5 Mar 2014 10:10

BlueRock Progresses Operations At Kareevlei, Recovers First Diamonds

LONDON (Alliance News) - BlueRock Diamonds PLC Wednesday said it is progressing with trial mining operations, has recovered its first diamonds, and has completed improvement works on its processing plant at Kareevlei in South Africa . The diamond exploration and production company, which wa

27 Sep 2013 12:01

BlueRock Diamonds Posts Loss As It Prepares Production Ramp Up

4 Sep 2013 09:25

BlueRock Diamonds floats on AIM with plans to resurrect De Beers mine

South African mining junior BlueRock Diamonds has begun its first day of dealing on AIM and put in place plans to bring an old De Beers mine back to life. The company raised a gross £1.31m from the issue of new shares in order to buy the mining rights to the Kareevlei Tenements, not far from noted

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BlueRock Diamonds' shares up after Kareevlei operations update

REPEAT: UK WINNERS & LOSERS: Admiral Group Motors Leads Blue-Chip Gainers

UK WINNERS & LOSERS: Admiral Group Motors To Lead Blue-Chip Gainers

BlueRock Progresses Operations At Kareevlei, Recovers First Diamonds

BlueRock Diamonds Posts Loss As It Prepares Production Ramp Up

BlueRock Diamonds floats on AIM with plans to resurrect De Beers mine

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