BlueRock sells three large diamonds for $1.1m

31st August 2021 By: Tasneem Bulbulia - Senior Contributing Editor Online

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.