14 Feb 2017 07:00
BlueRock Diamonds plc
("BlueRock" or "the Company")
14 February 2017
Trading update
Following its announcement on 6 February 2017, BlueRock is pleased to give the following update on operations at Kareevlei, its licence area in the Northern Cape of South Africa containing five known kimberlite pipes.
The first blast of the current series was completed successfully on 9 February 2017, liberating approximately 15,000 tonnes of kimberlite. Material from this blast is now being processed through the processing plant. The new primary crushing and screening circuit is expected be commissioned later this week when volumes will start to gradually ramp up.
Adam Waugh, CEO commented:
"We are pleased with the results of the blast that was undertaken by our new contractor, African Mining and Crushing, and it is encouraging that we are finally processing run of mine material for the first time since June 2016. I look forward to updating the market on our progress in the near future."
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.
Enquiries: | ||||
BlueRock Diamonds plc Adam Waugh, CEO awaugh@bluerockdiamonds.co.uk | SP Angel Corporate Finance LLP Nominated Adviser & Broker Stuart Gledhill / Lindsay Mair +44 (0) 20 3470 0470 | |||
About BlueRock Diamonds plc (AIM: BRD)
BlueRock is a diamond mining company with activities in the Kimberley region of South Africa. BlueRock owns a diamond processing plant and the mining right over the Kareevlei Tenements in South Africa.