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IN BRIEF: BlueRock Diamonds discovers 11.95 carat stone at Kareevlei

ALN

BlueRock Diamonds PLC - Kareevlei diamond mine in the Kimberley region of South Africa - Discovers an 11.95 carat stone with an expected valuation in excess of USD100,000 at its Kareevlei diamond mine.

"This is another excellent discovery that underpins Kareevlei's ability to deliver large high-value diamonds. Given the stone's size and quality and continuing market buoyancy, we look forward to the upcoming tender to build on the success of the January sales, which achieved an average price of USD565 per carat up from the 2021 average of USD465 ct," Executive Chair Mike Houston comments.

Current stock price: 44.10 pence, up 1.4% on Tuesday

12-month change: down 17%

By Abby Amoakuh; abbyamoakuh@alliancenews.com

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