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BRD Bluerock Diamonds Plc

2.00
0.00 (0.00%)
Last Updated: 01:00:00
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Bluerock Diamonds Plc LSE:BRD London Ordinary Share GB00BKKJK954 ORD 5P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 2.00 0.00 01:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

BlueRock Diamonds PLC Operations Update (0228O)

26/01/2023 5:28pm

UK Regulatory


Bluerock Diamonds (LSE:BRD)
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RNS Number : 0228O

BlueRock Diamonds PLC

26 January 2023

BlueRock Diamonds PLC / AIM: BRD / Sector: Natural Resources

26 January 2023

BlueRock Diamonds PLC ('BlueRock' or the 'Company')

Operations Update

BlueRock Diamonds Plc (BRD), the AIM listed diamond producer, which owns and operates the Kareevlei Diamond Mine ('Kareevlei') in the Kimberley region of South Africa, announces an update on operational activity.

Further to the announcement dated 23 January 2023 and following discussions with the Department of Mineral Resources and Energy (the 'DMRE'), operations at Kareevlei recommenced on 25 January 2023.

There was no disruption to operations when the plant restarted as there was sufficient stock on the ore stockpile and ROM pad. The major remedial action was the installation of a fire retardent conveyor belt and activation of proximity distance sensors on plant at the mining operation.

The information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014 as it forms part of UK domestic law by virtue of the European Union (Withdrawal) Act 2018 ('MAR'). Upon the publication of this announcement via Regulatory Information Service ('RIS'), this inside information is now considered to be in the public domain.

**ENDS**

For further information, please visit BlueRock's website www.bluerockdiamonds.co.uk or contact:

 
 BlueRock Diamonds 
  Victor Dingle, CEO                      v.dingle@bluerock.co.uk 
 SP Angel (NOMAD and Broker) 
  Stuart Gledhill / Harry Davies-Ball     Tel: +44 (0)20 3470 0470 
                                       ---------------------------------- 
 St Brides Partners Ltd (Financial 
  PR)                                     bluerock@stbridespartners.co.uk 
  Isabel de Salis / Charlotte Page 
                                       ---------------------------------- 
 

Notes to editors:

BlueRock Diamonds is an AIM-listed diamond producer which operates the Kareevlei Diamond Mine near Kimberley in South Africa which produces diamonds of exceptional quality and ranks in the top ten in the world in terms of average value per carat. The Kareevlei licence area covers 3,000 hectares and hosts five known diamondiferous kimberlite pipes with a combined inferred resource of 10.4 million tonnes / 516,200 carats (February 2021); based on its planned production of 1 million tonnes per annum, this provides a minimum 10-year life of mine

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

END

UPDKZGZMVVVGFZM

(END) Dow Jones Newswires

January 26, 2023 12:28 ET (17:28 GMT)

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