OTHER

BlueRock recovers another exceptional stone

BlueRock Diamonds (AIM:BRD) has recovered an exceptional 8.97 carat diamond from its Kareevlei diamond mine in South Africa’s Kimberley region.

Staff reporter
The 8.97ct stone and others recovered at BlueRock's Kareevlei mine on February 1

The 8.97ct stone and others recovered at BlueRock's Kareevlei mine on February 1

It is the second largest stone mined from Kareevlei and the third valued at over US$50,000. The other two were a 7.76ct stone sold for $10,070 per carat in 2017 and a 10.58ct stone sold for $7,047/ct in 2018.

CEO Adam Waugh said two other high-quality stones had been recovered at the same time, a 6.36ct diamond and a 3.64ct stone.

The discovery came just after operations at Kareevlei restarted January 30 after a six-day suspension imposed by the department of mineral resources due to an accident.

BlueRock's shares rose 6.15% Tuesday to 0.34p (US0.44c).

A growing series of reports, each focused on a key discussion point for the farming sector, brought to you by the Kondinin team.

A growing series of reports, each focused on a key discussion point for the farming sector, brought to you by the Kondinin team.

editions

Mining Journal Intelligence Investor Sentiment Report 2024

Survey revealing the plans, priorities, and preferences of 120+ mining investors and their expectations for the sector in 2024.

editions

Mining Journal Intelligence Mining Equities Report 2023

Access an exclusive, inside look on the quarterly mining IPOs and secondary raisings data and mining equities performance tables with an annual Stock Exchange Comparisons supplement.

editions

Mining Journal Intelligence World Risk Report 2023 (feat. MineHutte ratings)

A detailed analysis of mining investment risks across 121 jurisdictions globally, built on 11 ‘hard risk’ metrics and an industrywide survey.

editions

Mining Journal Intelligence Global Leadership Report 2023: Social licence

Gain insights into social licence trends and best practices from interviews with 20+ top mining company executives and an industrywide survey.