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Production Update

22 Jun 2018 12:15

RNS Number : 2723S
BlueRock Diamonds PLC
22 June 2018
 

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

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
 
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