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BlueRock Diamonds to ramp up production in 2018 at Kareevlei mine

Adam Waugh, chief executive of BlueRock Diamonds PLC (LON:BRD), tells Proactive they're expecting to ramp up production this year at the Kareevlei diamond mine in South Africa as they operate from the upgraded plant.

Waugh estimates they can achieve an average grade of between 3.5 carats per hundred tonnes (cpht) and 4.5 cpht, indicating total production of between 9,500 and 12,500 carats.

Last year the mine, located in the Kimberley region, produced 3,728 carats.

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Price: 132.95 GBX

AIM:BRD
Market: AIM
Market Cap: £4.33 m
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Bluerock Diamonds 'looking forward to more steady and predictable' second half

Adam Waugh, chief executive of Bluerock Diamonds Plc (LON:BRD), discusses with Proactive's Andrew Scott the miner's second quarter and first half update. Production in the first half of the year was up 81% year-on-year at 73,028 tonnes, with production for the second half expected to be...

on 9/7/18

2 min read