viewBluerock Diamonds Plc

BlueRock Diamonds seeing production 'very close to where it wants to be'

BlueRock Diamonds PLC (LON:BRD) CEO Adam Waugh and CFO David Facey caught up with Proactive Investors to discuss the miner's first quarter update.

Grades from its Kareevlei diamond mine were 3.8 carats per hundred tonnes (cpht) for the first quarter, up from 1.92 cpht for the same period last year.

The amount of carats sold also shot up to 1,563 compared to 92 in the first quarter of 2017, representing 16.5% of the lower end of the company’s guidance for 2018 but in line with seasonal expectations.

Quick facts: Bluerock Diamonds Plc

Price: 53.25 GBX

Market: AIM
Market Cap: £2.8 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