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BlueRock Diamonds, which owns and operates the Kareevlei Diamond Mine in the Kimberley region of South Africa has announced the discovery of a 58.6 carat stone.
Mike Houston, executive chairman for the group stated that the expected sales value of the stone will be “significant” as it is a “D” colour makeable stone.
It also has spotted black sulphide intrusions with the final value dependent upon the buyer’s confidence of what cut stones can be recovered. The diamond will be sold in the August tender.
Houston said: “This is a very important discovery for BlueRock as it supports the “size frequency distribution charts” that indicate our pipes will deliver large high value diamonds along with the highly sought after “run of mine” parcel of diamonds which have secured values of over US$400 (£288) per carat in 2021.
“Following the end of August tender, I look forward to informing the market what value is achieved for these two large stones.”
