viewBluerock Diamonds Plc

BlueRock Diamonds rakes in record US$236,000 from sale of single stone

The diamond, unearthed in September, weighed in at 20.72 carats

Bluerock Diamonds Plc -
Its previous record for the sale of a 24.8 carat stone for US$190,000 in June

BlueRock Diamonds PLC (LON:BRD) has sold a 20.72-carat gem-quality diamond for US$236,000 in its October tender.

In an update on Monday, the miner said this is the highest amount it has ever received for a single stone, outshining its previous record for the sale of a 24.8 carat stone for US$190,000 in June.

READ: BlueRock Diamonds hails record production

The owner and operator of the Kareevlei diamond mine in the Kimberley region of South Africa has sold at least seven diamonds this year at a price higher than US$50,000, and will announce its full sales for the fourth quarter in a production update in January.

Executive chairman Mike Houston said: "I am pleased with the recovery and sale of yet another high-value diamond which continues to underpin the increasing potential of the Kareevlei mine."

Quick facts: Bluerock Diamonds Plc

Price: 48.5 GBX

Market: AIM
Market Cap: £2.55 m


The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...

In exchange for publishing services rendered by the Company on behalf of Bluerock Diamonds Plc named herein, including the promotion by the Company of Bluerock Diamonds Plc in any Content on the Site, the Company...



BlueRock Diamonds: 'Creative deal-making' sees it back in production and...

Mining Capital's Alastair Ford caught up with Proactive London's Andrew Scott after speaking to the team at BlueRock Diamonds (LON:BRD). He says they've restarted production at the Kareevlei operation in South Africa and has also negotiated a finance facility that will support sales of...

1 week, 3 days ago

2 min read