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BlueRock lifts third-quarter production

12th October 2021

By: Simone Liedtke

Creamer Media Social Media Editor & Senior Writer

     

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Aim-listed diamond producer BlueRock Diamonds, which owns and operates the Kareevlei diamond mine in South Africa’s Kimberley region, produced 7 682 ct during the third quarter.

This is an effective increase of 38% compared with production in the third quarter of the 2020 financial year.

BlueRock executive chairperson Mike Houston attributes the record production to quality high-grade kimberlite being mined, as well as the new crushing plant, which he says, “provides a consistent feed to the old three-pan processing plant”. 
 
“The market for rough diamonds has remained firm throughout the quarter, with strong buyer participation at the South African tenders and a growing interest in Kareevlei diamonds as reflected in our average price of $554/ct, the highest quarterly price achieved by the company,” he notes.
 

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Edited by Chanel de Bruyn
Creamer Media Senior Deputy Editor Online

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