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Showing posts with the label 24.98 carat diamond

BlueRock sold the 24.98 carat!

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24.98 carat diamond earns US$190K BlueRock Diamonds PLC, diamond producer which owns and operates the Kareevlei Diamond Mine in the Kimberley region of South Africa have sold the 24.98 carat diamond, recovered earlier this month. 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.” 

24.98 carat diamond recovered

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BlueRock Diamonds explores from Kareevlei BlueRock Diamonds plc, the AIM listed diamond mining company, which owns and operates the Kareevlei Diamond Mine in the Kimberley region of South Africa (Kareevlei), is pleased to announce that it has recovered its largest diamond to date, a 24.98 carat gem quality stone. This diamond will shortly be put to tender, the results of which will be known on Monday 17 June. The largest diamond prior to this was 16.28 carats, which sold for USD 78,947.  Mike Houston, Executive Chairman commented, “This record recovery of such a high-quality diamond is an exciting milestone and underpins why we are so confident about the potential of the Kareevlei mine.  We have a comprehensive development plan to increase production and I look forward to providing further updates as we progress.”  Market Abuse Regulation (MAR) Disclosure - Certain information contained in this announcement would have been deemed inside information fo...