SOUTH AFRICA: BLUEROCK DIAMONDS’ PRODUCTION SKYROCKETS IN H1
BlueRock Diamonds, owner and operator of the Kareevlei diamond mine in South Africa, produced 2,438 carats in the first half of 2018 compared with 543 carats a year earlier.
According to Rough & Polished, BlueRock sold 875.31 carats in Q2, down considerably from 1,563 carats in the first quarter. Average revenue for Q2 stood at $305.34 per carat.
CEO Adam Waugh said: “Thanks to our experienced team on the ground, we have had a successful quarter, continuing to produce exceptional quality diamonds from our Kareevlei project, despite five weeks of downtime due to bad weather and a fault in our crushing circuit”.