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BlueRock sells three diamonds for $1.1m

Tue, 31st Aug 2021 11:05

(Sharecast News) - AIM-listed BlueRock Diamonds said on Tuesday that it has sold three recently-discovered stones for a total of $1.1m.
The company, which owns and operates the Kareevlei diamond mine in the Kimberley region of South Africa, has sold gem quality stones of 58.6 carats, 21.6 carats and 14.3 carats for $585,000, $268,000 and $236,000, respectively.

Executive chairman Mike Houston said: "We are delighted with the price achieved for each of these high-quality diamonds, which brought the total sales proceeds for the August tender to $2.1m, far exceeding the previous highest monthly sale of approximately $900,000. The average price per carat for the whole parcel was approximately $800."

Houston also said that commissioning of the "transformational" new plant is proceeding to plan.

At 1105 BST, the shares were up 2.6% at 56.44p.
More News
5 Apr 2022 11:52

IN BRIEF: BlueRock Diamonds's March sales rise to USD1,000 per carat

BlueRock Diamonds PLC - diamond producer focused on South Africa - Says the average tender price of a total parcel of diamonds sold was over USD1,000 per carat, significantly up from the average price of about USD600 in January and February.

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31 Mar 2022 10:54

IN BRIEF: BlueRock Diamonds shares fall on discounted placing

BlueRock Diamonds PLC - diamond producer focused on South Africa - Raises GBP2.1 million through a placing of 6.0 million shares at a price of 35 pence each. This price represents a 35% discount to the company's closing price of 53.50p on Wednesday. The proceeds will be used to implement its upgraded mining plan and pay its contractor.

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31 Mar 2022 09:45

BlueRock Diamonds tumbles after discounted placing

(Sharecast News) - BlueRock Diamonds shares tumbled on Thursday after the AIM-listed diamond producer announced a discounted share placing to help implement its upgraded mining plan and pay a contractor.

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4 Mar 2022 21:44

TRADING UPDATES: Resolute Mining ups mine life and mineral resources

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Friday and not separately reported by Alliance News:

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4 Mar 2022 07:52

BlueRock Diamonds sells four gem quality stones for $460,000

(Sharecast News) - AIM-listed BlueRock Diamonds said on Friday that it sold four gem quality stones in February for $460,000 and that the current geopolitical situation could lead to more shortages of rough diamonds.

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22 Feb 2022 14:51

IN BRIEF: BlueRock Diamonds discovers 11.95 carat stone at Kareevlei

BlueRock Diamonds PLC - Kareevlei diamond mine in the Kimberley region of South Africa - Discovers an 11.95 carat stone with an expected valuation in excess of USD100,000 at its Kareevlei diamond mine.

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22 Feb 2022 14:01

BlueRock Diamonds discovers stone worth over $0.1m

(Sharecast News) - BlueRock Diamonds, which owns and operates the Kareevlei Diamond Mine in the Kimberley region of South Africa, announced the discovery of an 11.95 carat stone on Tuesday.

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25 Jan 2022 10:46

IN BRIEF: BlueRock Diamonds up on significant January diamond sale

IN BRIEF: BlueRock Diamonds up on significant January diamond sale

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17 Jan 2022 17:04

LONDON MARKET CLOSE: Stocks rise as China cuts rates on policy loans

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17 Jan 2022 14:40

BlueRock Diamond shares surge as annual revenue more than doubles

BlueRock Diamond shares surge as annual revenue more than doubles

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5 Jan 2022 13:07

BlueRock Diamonds announces resignation of COO Gus Simbanegavi

BlueRock Diamonds announces resignation of COO Gus Simbanegavi

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22 Dec 2021 12:02

BlueRock restricts mine operations as Covid cases hit workforce

BlueRock restricts mine operations as Covid cases hit workforce

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22 Dec 2021 11:28

AIM WINNERS & LOSERS: BlueRock hit by Covid; D4T4 up on contract wins

AIM WINNERS & LOSERS: BlueRock hit by Covid; D4T4 up on contract wins

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2 Dec 2021 22:05

TRADING UPDATES: Chariot plan raise; Xtract drilling progressing

TRADING UPDATES: Chariot plan raise; Xtract drilling progressing

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23 Nov 2021 20:27

TRADING UPDATES: CML Microsystems doubles dividend; Helical in profit

TRADING UPDATES: CML Microsystems doubles dividend; Helical in profit

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