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 Africa.
The miner said it will tender the diamond "shortly". Prior to this recovery, the largest diamond found by the company had been 16.28 carats and was sold for USD78,947.
"This record recovery of such a high-quality diamond is an exciting milestone and underpins why we are so confident about the potential of the Kareevlei mine," Chair Mike Houston said.
BlueRock Diamonds shares jumped 12% trading at 0.11 pence each following the news on Friday afternoon.