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BlueRock Sells 20.72 Carat Diamond For USD236,000 In October Tender

Mon, 28th Oct 2019 11:16

(Alliance News) - BlueRock Diamonds PLC on Monday said it has sold the 20.72 carat diamond announced in September for USD236,000, or USD11,389 per carat, in the October tender.

The diamond miner, which owns and operates the Kareevlei diamond mine in the Kimberley region of South Africa, said the sale value is the highest achieved for the mine to date for a single stone. The previous record sale was the 24.8 carat stone sold in June for USD190,000, or USD7,862 per carat.

BlueRock Diamonds shares were down 2.9% at 116.98 pence each in London on Monday.

By Tapan Panchal; tapanpanchal@alliancenews.com

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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 Sells 20.72 Carat Diamond For USD236,000 In October Tender

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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