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IN BRIEF: BlueRock Diamonds reviews proposals for KV2, Kareevlei mine

ALN

BlueRock Diamonds PLC - diamond producer focused on South Africa - Evaluating proposals to overcome ‘critical path constraints’ on mining the KV2 pit at the Kareevlei diamond mine in South Africa. Says that its R 30 million loan facility agreement with Teichmann South Africa Proprietary Ltd currently remains out of terms at present with R 47.2 million outstanding at the end of October 2022. Plans to bring its facility agreement within limits in the first quarter of 2023.

Current stock price: 4.95 pence

12-month change: down 86%

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