IN BRIEF: BlueRock Diamonds Expects Kareevlei Resource Upgrade

Mon, 01st Feb 2021 19:15

BlueRock Diamonds PLC - South African-focused diamond miner - Says Kareevlei diamond mine in the Kimberley region of South Africa, announces that the final resource upgrade report will be published this Friday.

"The upgraded statement is expected to include an upgrade of a material percentage of the resource from inferred to indicated as per the SAMREC code and an increase in the size of the resource," company adds.

Current stock price: 53.00 pence

Year-to-date change: down 15%

By Paul McGowan; paulmcgowan@alliancenews.com

Related Shares

More News

31 Jul 2023 07:58

IN BRIEF: BlueRock Diamonds to exit administration via dissolution

BlueRock Diamonds PLC - South Africa-focused diamond miner - SP Angel Corporate Finance LLP steps down as nominated advisor. BlueRock's shares were su...

26 Jun 2023 17:33

TRADING UPDATES: New patents for Sareum; Guanajuato hails assessment

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

6 Jun 2023 19:37

TRADING UPDATES: Woodbois strikes repayment deal with Sydbank

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

24 May 2023 17:07

IN BRIEF: BlueRock Diamonds adopts rescue plan for Kareevlei mine

BlueRock Diamonds PLC - South Africa-focused diamond producer - Notes adoption of business rescue plan for Kareevlei diamond mine, which it received l...

11 Apr 2023 18:00

BlueRock Diamonds future uncertain with Kareevlei in business rescue

(Alliance News) - BlueRock Diamonds PLC on Tuesday provided an update regarding its principal operating subsidiary, Kareevlei Mining Pty Ltd, being pl...