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BLUEROCK SELLS A 24.98-CARAT DIAMOND FOR $190,000

The stone is BlueRock's largest diamond to date
Diamonds and money bills
Credit: Africa Studio

BlueRock Diamonds, which owns and operates the Kareevlei Diamond Mine in the Kimberley region of South Africa, has sold its largest diamond to date – a 24.98 carat diamond recovered earlier in June – for $190,000.

 

Alluvial Mining
Credit: Free Wind 2014 / Shutterstock.com

 

Mike Houston, Executive Chairman of the company, commented: “We are delighted with the sale of our largest diamond to date, a 24.98 carat gem quality stone, which showcases the potential of Kareevlei. We continue to make excellent progress implementing our development strategy to increase production and are clearly seeing the impact of higher throughput being achieved reflected in the number of high value stones we continue to produce […]”.

 

Examining rough diamonds
Credit: Kobi Fux

 

According to BlueRock, the Kareevlei mine ranks “in the top ten in the world in terms of average value per carat”. As of November 2018, it was estimated that the remaining four kimberlite pipes in the mine potentially contain 367,000 carats.



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