REG - BlueRock DiamondsPLC - Operations Update

Bluerock DiamondsAnnouncement

26/01/2023 17:30

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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)

 Isabel de Salis / Charlotte Page       bluerock@stbridespartners.co.uk

 

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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