Industry News by Nemesis

Kareevlei Rough Fetches $9,751/ct.

September 25, 2019


BlueRock Diamonds, which owns the Kareevlei mine in South Africa, has sold a 10.6-carat rough diamond for $103,000 at its September tender.

The stone, fetching $9,571 per carat, is the sixth diamond the miner has sold this year for more than $50,000. Those goods have brought in $600,000 combined.

“The recovery and sale of yet another high-value diamond continues to underpin the increasing potential of the Kareevlei mine,” BlueRock chairman Mike Houston said last week.

Image: The Kareevlei mine. (BlueRock Diamonds)


Source: Rapaport

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