22 Jun 2018 12:15
BlueRock Diamonds PLC / AIM: BRD / Sector: Natural Resources
22 June 2018
BlueRock Diamonds PLC ('BRD' or the 'Company')
Production Update
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 that it has resumed production at Kareevlei.
During the last 10 days, the Company has agreed rental terms on a replacement crusher and has an option on a long-term hire at de minimis rates. The fault on the Company's own cone crusher has been identified and is being assessed.
As previously announced, the Board believes that changes made to the crushing circuit will positively impact the plant's performance, improving throughput rates. The Company will provide an update to the market in its July Quarterly Statement.
Market Abuse Regulation (MAR) Disclosure - Certain information contained in this announcement would have been deemed inside information for the purposes of Article 7 of Regulation (EU) No 596/2014 until the release of this announcement.
**ENDS**
For further information, please visit BRD's website www.bluerockdiamonds.co.uk or contact:
BlueRock Diamonds PLC Adam Waugh, CEO David Facey, FD |
awaugh@bluerockdiamonds.co.uk dfacey@bluerockdiamonds.co.uk |
SP Angel (NOMAD and Broker) Stuart Gledhill / Lindsay Mair/Caroline Rowe |
Tel: +44 (0)20 3470 0470 |
St Brides Partners Ltd (Financial PR) Isabel de Salis / Juliet Earl |
Tel: +44 (0)20 7236 1177 |