BlueRock Diamonds PLC Diamond Sale Update (5205C)
11 Ottobre 2022 - 1:36PM
UK Regulatory
TIDMBRD
RNS Number : 5205C
BlueRock Diamonds PLC
11 October 2022
BlueRock Diamonds PLC / AIM: BRD / Sector: Natural Resources
11 October 2022
BlueRock Diamonds PLC ('BlueRock' or the 'Company')
Diamond Sale Update
BlueRock Diamonds PLC, the AIM listed diamond producer, which
owns and operates the Kareevlei Diamond Mine ('Kareevlei') in the
Kimberley region of South Africa, is pleased to announce that it
sold a 10.22 carat stone in its September 2022 sale yielding
USD122,888 .
BlueRock CEO, Victor Dingle, said, "Kareevlei continues to yield
highly coveted, quality diamonds, which sell at premium prices as
highlighted by this recent tender that saw the sale of a 10.22
carat stone for c.USD123k; as our new mine plan develops, we
envisage an increasing number of similar discoveries."
Table 1: Large stones recovered in 2022
Date sold 2022 Carats Value Value per carat
USD000 USD000
September 10.22 123 12
------- -------- ----------------
August 11.62 84 7.2
------- -------- ----------------
10.02 81 8.1
------- -------- ----------------
9.04 76 8.4
------- -------- ----------------
6.77 52 7.6
------- -------- ----------------
6.88 52 7.5
------- -------- ----------------
10.35 50 4.8
------- -------- ----------------
July 5.97 55 9
------- -------- ----------------
7.4 67 9
------- -------- ----------------
March 19.3 116 6
------- -------- ----------------
12.7 128 10
------- -------- ----------------
8.7 104 12
------- -------- ----------------
6.6 63 9.5
------- -------- ----------------
February 11.9 211 17.6
------- -------- ----------------
8.3 96 8.3
------- -------- ----------------
13.6 78 5.8
------- -------- ----------------
7.5 75 10
------- -------- ----------------
January 6.8 63 9.3
------- -------- ----------------
Note: It is Company policy to announce all stones sold with a
value in excess of USD50k.
The information contained within this announcement is deemed by
the Company to constitute inside information as stipulated under
the Market Abuse Regulations (EU) No. 596/2014 as it forms part of
UK domestic law by virtue of the European Union (Withdrawal) Act
2018 ('MAR'). Upon the publication of this announcement via
Regulatory Information Service ('RIS'), this inside information is
now considered to be in the public domain.
**ENDS**
For further information, please visit BlueRock's website
www.bluerockdiamonds.co.uk or contact:
BlueRock Diamonds PLC
Victor Dingle, CEO v.dingle@bluerockdiamonds.co.uk
---------------------------------- ----------------------------------
SP Angel (NOMAD and Broker)
Stuart Gledhill / Caroline Rowe Tel: +44 (0)20 3470 0470
---------------------------------- ----------------------------------
St Brides Partners Ltd (Financial
PR) bluerock@stbridespartners.co.uk
Isabel de Salis / Charlotte Page
Notes to editors:
BlueRock Diamonds is an AIM-listed diamond producer which
operates the Kareevlei Diamond Mine near Kimberley in South Africa
which produces diamonds of exceptional quality and ranks in the top
ten in the world in terms of average value per carat. The Kareevlei
licence area covers 3,000 hectares and hosts five known
diamondiferous kimberlite pipes with a combined inferred resource
of 10.4 million tonnes / 516,200 carats (February 2021); based on
its planned production of 1 million tonnes per annum, this provides
a minimum 10-year life of mine.
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END
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October 11, 2022 07:36 ET (11:36 GMT)
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