BlueRock Diamonds PLC - South African-focused diamond miner - Updates its resource statement for its Kareevlei diamond mine near Kimberley, South Africa. Sees a 49% increase in net tonnes to 10.4 million tonnes and a 53% increase in net carats to 516,200 carats.
Chair Mike Houston says: "The resource statement confirms the provisional figures released in December 2020 and based on our planned production of 1 million tonnes per annum, provides a minimu cm 10-year life of mine. The board is confident that the resource will increase further once more work is completed on KV3, our largest pipe, where at present only 40% of this pipe's volume is included in resource."
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By Greg Roxburgh; gregroxburgh@alliancenews.com
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