BlueRock finds another exceptional diamond at South African mine

The Kareevlei mine is located in the Northern Cape province of South Africa, about 100 km North West of Kimberley. (Image from: BlueRock Diamonds’ Corporate Presentation.)

BlueRock Diamonds (LON:BRD) said Tuesday it had recovered an “exceptional” 8.97-carat stone at its Kareevlei mine, in the Kimberley region of South Africa.

It is the second largest stone mined from Kareevlei and the third valued at more than $50,000. The other two were a 7.76 carat stone sold for $10,070 per carat in 2017 and a 10.58 carat diamond sold for $7,047/carat in 2018.

The 8.97 carat stone was recovered on Friday, Feb.1, along with two other high-quality 6.36 carat and 3.64-carat diamonds. According to chief executive Adam Waugh, the finds reinforce the exceptional quality being produced at Kareevlei.

The discovery came days after the company resumed operations at Kareevlei, following a temporary suspension imposed by the country’s mining regulator after an accident at the mine.

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