https://www.miningweekly.com
Africa|Diamonds
Africa|Diamonds
africa|diamonds

Sale of two large diamonds indicative of industry recovery, says BlueRock

25th January 2021

By: Simone Liedtke

Creamer Media Social Media Editor & Senior Writer

     

Font size: - +

Aim-listed BlueRock Diamonds has sold a 14.8 ct diamond for $167 000.

The 14.8 ct diamond was recovered on December 21, 2020, around the same time as the recovery of an 8.7 ct diamond, which was sold for $37 000.

BlueRock executive chairperson Mike Houston says these diamonds were sold through tender, the first the company has participated in since the advent of the Covid-19 pandemic.

“The general results of the tender were very positive and support the recent industry news suggesting that diamond prices are recovering well.”
 
The 14.8 ct diamond is the third large diamond recovered by the company in the fourth quarter of 2020 with an individual value of greater than $50 000, which Houston is hopeful “marks a return to normality” now that the company has developed the main pit at its Kareevlei mine, in South Africa’s Kimberley region.

Edited by Chanel de Bruyn
Creamer Media Senior Deputy Editor Online

Comments

Showroom

SBS Tanks
SBS Tanks

SBS® Tanks is a leading provider of innovative water security solutions with offices in Southern Africa, East and West Africa, the USA and an...

VISIT SHOWROOM 
Rittal
Rittal

Rittal is a world leading provider of top-quality integrated systems for enclosures, power distribution, climate control, IT infrastructure and...

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







sq:0.13 0.172s - 91pq - 2rq
1:
1: United States
Subscribe Now
2: United States
2: