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BlueRock February tender raises over US$150,000

BlueRock Diamonds (AIM:BRD) has sold the two large D-colour diamonds found at its Kareevlei mine in South Africa’s Kimberley region in February through its monthly tender.

Staff reporter
BlueRock's record large 16.28ct diamond fetched $78,947 in the February tender

BlueRock's record large 16.28ct diamond fetched $78,947 in the February tender

The record large 16.28 carat gem-quality diamond recovered on February 18 was sold for $78,947, valuing the stone at US$4,849 per carat. 

The smaller 8.97ct diamond recovered earlier in the month was sold for $8,306/ct, giving it a total value of $74,513. The stone had been independently valued at over $50,000.

CEO Adam Waugh said the sales had further strengthened BlueRock's confidence in the potential of Kareevlei and the quality of diamonds produced.

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