https://www.engineeringnews.co.za

BlueRock pleased with ramp-up in production at Kareevlei

26th July 2017

By: Creamer Media Reporter

     

Font size: - +

JOHANNESBURG (miningweekly.com) – Production has continued to improve at Aim-listed BlueRock Diamonds’ Kareevlei mine, in Kimberley, with total tonnage for July expected to reach about 20 000 t, a 35% increase on the 14 427 t achieved in June.

BlueRock is aiming for a monthly target of 25 000 t by the fourth quarter of this year.

“We are encouraged by the increase in monthly production, following the mine, plant and design optimisation work undertaken this year, as we approach our target of 25 000 t/m. 

“As we move into deeper ground in line with our mine plan, following the final blast of upper level kimberlite in early August, we expect grades to continue to improve,” said CEO Adam Waugh.

Meanwhile, the company sold a parcel of 330 ct at an average price of $395/ct in a tender held this month. 
 
The tender included BlueRock’s highest dollar per carat valuation to date of $7 054 for a 5.5 ct diamond.

“It is particularly pleasing to be achieving such a high average value for our production without relying on large diamonds,” said Waugh.
 

Edited by Chanel de Bruyn
Creamer Media Online Managing Editor

Article Enquiry

Email Article

Save Article

Feedback

To advertise email advertising@creamermedia.co.za or click here

Showroom

The Steel Tube Export Association of South Africa
Steel Tube Export Association of South Africa

The Steel Tube Export Association of South Africa was established to develop sustainable, internationally competitive carbon steel tube and pipe...

VISIT SHOWROOM 
Rentech
Rentech

Rentech provides renewable energy products and services to the local and selected African markets. Supplying inverters, lithium and lead-acid...

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







301

sq:0.051 1.218s - 140pq - 2rq
Subscribe Now