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BlueRock Kareevli rough 150
BlueRock Raises Resource Estimate
BlueRock Diamonds has increased the estimate of total rough carats available at its Kareevlei mine in South Africa, following a recent drilling program at the site.The results indicate total carats at the mine to be 513,500, a 52% increase...
Mining Dec 23, 2020 Rapaport News
BlueRock Counts Cost of Coronavirus
The coronavirus cost BlueRock Diamonds GBP 550,000 ($690,000) as sales slumped and the closure of its Kareevlei mine added to its expenses, the company reported Monday.The amount includes an estimated GBP 100,000 ($125,000) of lost...
Mining Jun 24, 2020 Rapaport News
BlueRock Hits Record Output After Reopening
BlueRock Diamonds has reached record production at its Kareevlei mine in South Africa, after resuming operations last month.Output since May 11, when the deposit reopened following a Covid-19 lockdown, totaled 41,500 tonnes of ore,...
Mining Jun 04, 2020 Rapaport News
BlueRock Restarts South African Mine
BlueRock Diamonds has resumed operations at its Kareevlei deposit in South Africa after the government allowed the mining sector to reopen.The company expects to reach full capacity by the end of the month, it said Monday. However,...
Mining May 12, 2020 Rapaport News
Heavy Debt Looms over Mining Shutdown
A number of diamond-mining companies that have halted production during the COVID-19 crisis will find it difficult to resume operations amid their struggles with debt, analysts have predicted.The warning comes after several miners announced...
Mining Apr 23, 2020 Leah Meirovich
New Production Strategy Pays Off for BlueRock
BlueRock Diamonds reported the first annual profit in its history, as sales grew amid increased production and a higher average price, the miner said Tuesday. The improvement was the result of a new initiative the...
Mining Jan 21, 2020 Rapaport News
Kareevlei Rough
Kareevlei Rough Fetches $9,751/ct.
BlueRock Diamonds, which owns the Kareevlei mine in SouthAfrica, has sold a 10.6-carat rough diamond for $103,000 at its Septembertender. The stone, fetching $9,751 per carat, is the sixth diamond the miner has sold...
Mining Sep 23, 2019 Rapaport News
Kareevlei rough 150
BlueRock Loss Narrows as Sales Rise
BlueRock Diamonds improved its bottom line in the first half,as sales grew amid increased production and a higher average price, the minersaid Monday. The company reported a loss of GBP 381,027 ($458,064) fromits Kareevlei...
Mining Sep 03, 2019 Rapaport News
Blue Rock
Kareevlei Rough Fetches $7,600/ct.
BlueRock Diamonds, which owns the Kareevlei mine in South Africa, has sold a 24.98-carat rough diamond for $190,000. The diamond is the largest the company has found from Kareeevlei, signalling potential for other...
Mining Jun 16, 2019 Rapaport News
Kareevlei mine BlueRock Diamonds
BlueRock's Soaring Sales Narrow 1H Loss
BlueRock Diamonds narrowed its loss in the first half of theyear as a surge in revenue outweighed higher expenses.Total loss was cut 5.5 percent to $403,306 (GBP 310,324) inthe six months that ended June 30, the...
Mining Sep 29, 2016 Rapaport News
Kareevlei mine BlueRock Diamonds
BlueRock to Restart Kareevlei Operations
BlueRock Diamonds will recommence operations at a mine inSouth Africa’s Northern Cape province on August 29, after implementing the necessaryadjustments to regain compliance with the Department of Mineral Resources(DMR).A DMR visit to the Kareevlei mine on July...
Mining Aug 28, 2016 Rapaport News
Rough Diamonds
BlueRock Approves Acquisition of Diamond Resources
U.K.-listed BlueRock Diamonds has approved the purchase ofDiamond Resources from Tawana Resources. Diamond Resources is a non-tradingcompany which holds the ‘rehabilitation guarantee’ required in relation to theKareevlei in South Africa, which BlueRock acquiredfrom the same...
Mining Feb 01, 2016 Rapaport News
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