Mine finds biggest diamond yet

THE KAREEVLEI Diamond Mine close to Kimberley has recovered a record 16.28 carat diamond - the mine’s biggest yet.

BlueRock Diamonds, which owns and operates the Kareevlei Diamond Mine in the Kimberley region of the Northern Cape, this weekend announced the recovery of the record 16.28 carat diamond of gem quality.

The diamond was recovered at the mine on Friday and is 4.58 carats larger than their previous largest diamond.

“The company is arranging to have this diamond valued and will provide further updates in due course,” Adam Waugh, BlueRock’s CEO, commented.

“This discovery follows hot on the heels of our recovery of an exceptional 8.97 carat diamond on February 1. The quality of these diamonds is a reminder of why we are so confident about the potential of the Kareevlei mine and the outlook for 2019.”

The 8.97 carat diamond marked the third stone independently valued in excess of $50 000 mined from Kareevlei. The two previous record value stones were a 7.76 carat stone recovered in 2017 and sold for $10 070 per carat and a 10.58 carat stone recovered in 2018 and sold for $7 047 per carat.

BlueRock Diamonds is an AIM-listed diamond producer which operates the Kareevlei Diamond Mine near Kimberley, which produces diamonds of exceptional quality and ranks in the top 10 in the world in terms of average value per carat.