OTHER

BlueRock recovers another exceptional stone

8.97ct diamond is second largest recovered from Kareevlei

Staff reporter
The 8.97ct stone and others recovered at BlueRock's Kareevlei mine on February 1

The 8.97ct stone and others recovered at BlueRock's Kareevlei mine on February 1

It is the second largest stone mined from Kareevlei and the third valued at over US$50,000. The other two were a 7.76ct stone sold for $10,070 per carat in 2017 and a 10.58ct stone sold for $7,047/ct in 2018.

CEO Adam Waugh said two other high-quality stones had been recovered at the same time, a 6.36ct diamond and a 3.64ct stone.

The discovery came just after operations at Kareevlei restarted January 30 after a six-day suspension imposed by the department of mineral resources due to an accident.

BlueRock's shares rose 6.15% Tuesday to 0.34p (US0.44c).

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