Gem diamonds

BlueRock Diamonds has sold a 7.63 carat diamond for USD52,000 (USD6,815/carat), in the August 2019 tender.

This is the fifth diamond that has been sold this year at a price of in excess of USD50,000 realising a total sale price of USD500,000.

Mike Houston, executive chairman, comments: 

“The continued and improving regularity of discovery of high-quality stones underpins the potential value of the project and the effectiveness of our recent improvements in operational practices. 

“I look forward to updating our shareholders on further developments at Kareevlei as we continue to implement operational initiatives to optimise the performance of the mine.”