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  5. BlueRock moves to continuous operations

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BlueRock moves to continuous operations

Fri, 15th Mar 2019 11:02

(Sharecast News) - Diamond miner BlueRock has been granted the necessary permissions to allow it to move to 365-day operations.BlueRock told investors on Friday that it was now in the process of finalising its preparations for the move to continuous operations and noted that, although the move was "slightly later than had been anticipated", the delay had not brought about "any material impact" upon its production guidance of between 35,000 tonnes and 45,000 tonnes in the first quarter of the year.In fact, BlueRock said its production volume for the first quarter was expected to be "nearer the upper end" of its guidance range.Chief executive Adam Waugh said: "The move to 365-day operations is a significant step in our drive to increase production volumes and move towards profitability."We look forward to updating the market as further progress is made."As of 1100 GMT, BlueRock shares had picked up 4.40% to 0.26p.
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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

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5 Mar 2014 11:51

UK WINNERS & LOSERS: Admiral Group Motors To Lead 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

Read more
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

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27 Sep 2013 12:01

BlueRock Diamonds Posts Loss As It Prepares Production Ramp Up

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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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