Operations Update

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	[e-mail]
SP Angel (NOMAD and Broker) Stuart Gledhill / Harry Davies-Ball	Tel: [phone]
St Brides Partners Ltd (Financial PR) Isabel de Salis / Charlotte Page	[e-mail]

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

 

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