Share Name Share Symbol Market Type Share ISIN Share Description
Bluerock LSE:BRD London Ordinary Share GB00B84H1764 ORD 1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  +0.00p +0.00% 4.50p 4.00p 5.00p 4.50p 4.50p 4.50p 0.00 05:00:10
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Mining 0.3 -1.1 -0.0 - 2.51

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Nice update today, production ramping up and looks like they're back in business was now.
BlueRock Diamonds* (LON:BRD) 5.75p, Mkt Cap £3.2m – Plant upgrade and plans for new contractor to restart mining on track BlueRock Diamonds report progress is in-line with their budget and expectations in preparation for a restart early next month. Overhaul of the process plant is now complete and should increase capacity, efficiency and hopefully recoverability. Testing of the plant started in December and is now largely complete. The new primary crusher is expected to reduce costs and a pre-screening circuit is expected to help expand capacity and improve efficiency. The new contractor is on site and preparing for their first blast next week. They should provide consistent run of mine material Heavy rainfall in recent weeks is welcome in the region as it breaks the drought and provides ample water for the process plant though it may restrict safe access to some areas of the open pit. Conclusion: BlueRock should be up and running with the next few weeks with the refurbished plant hopefully showing better throughput diamond recovery rates. *SP Angel acts as Nomad & Broker to BlueRock Diamonds
BlueRock Diamonds plc is a diamond mining company with activities in the Kimberley region of South Africa. BlueRock Diamonds plc, an AIM listed diamond mining company which owns and operates the Kareevlei mine in South Africa. The proceeds of the Fundraising will be used to progress the new management team’s plans to target production levels of 30,000 tonnes per month at a reduced cost as well as continuing to refine the Company’s plant in order to improve achieved grades. Upcoming newsflow: The Company will continue to progress the identified remedial work to the processing plant in November and December. During this time the plant will be tested with stockpiles prior to the recommencement of the Drill and Blast programme in mid-January 2017 following which it is expected that a steady stream of Run of Mine material will be available. A gradual ramp up of production levels during 1st quarter 2017 is expected to be complete well before the quarter end.
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