RNS14 Jun 2019 12:07
Fri, 14th Jun 2019 11:05
RNS Number : 3373C
BlueRock Diamonds PLC
14 June 2019
BlueRock Diamonds PLC / AIM: BRD / Sector: Natural Resources
14 June 2019
BlueRock Diamonds PLC ('BlueRock' or the 'Company')
24.98 carat diamond raises US$190,000 at auction
BlueRock Diamonds PLC, the AIM listed diamond producer, which owns and operates the Kareevlei Diamond Mine ('Kareevlei') in the Kimberley region of South Africa, is pleased to announce the sale of the 24.98 carat diamond (the 'Diamond'), recovered earlier this month as reported in the Company's announcement of 7 June 2019. The Diamond achieved an auction price of US$190,000.
Mike Houston, Executive Chairman commented, "We are delighted with the sale of our largest diamond to date, a 24.98 carat gem quality stone, which showcases the potential of Kareevlei. We continue to make excellent progress implementing our development strategy to increase production and are clearly seeing the impact of higher throughput being achieved reflected in the number of high value stones we continue to produce. To this end, I look forward to providing a more detailed update in our quarterly production report, which is expected to be announced in early July."
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