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BlueRock sells three large diamonds for $1.1m

31st August 2021

By: Tasneem Bulbulia

Senior Contributing Editor Online

     

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Aim-listed BlueRock Diamonds has sold three gem-quality diamonds of 58.6 ct, 21.6 ct and 14.3 ct, for $585 000, $268 000 and $236 000, respectively, for a total of $1.1-million.

The diamonds were recently recovered from the Kareevlei diamond mine in the Kimberley region of South Africa.

“We are delighted with the price achieved for each of these high-quality diamonds, which brought the total sales proceeds for the August tender to $2.1-million, far exceeding the previous highest monthly sale of about $900 000.

“The average price per carat for the whole parcel was about $800,” enthuses executive chairperson Mike Houston.

Moreover, he reports that commissioning of the transformational new plant at Kareevlei is proceeding to plan.

Edited by Chanel de Bruyn
Creamer Media Senior Deputy Editor Online

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