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Mining Capital

BlueRock Diamonds to ramp up production in 2018 at Kareevlei mine

Adam Waugh, chief executive of BlueRock Diamonds PLC (LON:BRD), tells Proactive they're expecting to ramp up production this year at the Kareevlei diamond mine in South Africa as they operate from the upgraded plant.

Waugh estimates they can achieve an average grade of between 3.5 carats per hundred tonnes (cpht) and 4.5 cpht, indicating total production of between 9,500 and 12,500 carats.

Last year the mine, located in the Kimberley region, produced 3,728 carats.


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