Aim-listed BlueRock Diamonds notes that the results of the two-month test to determine the realistic capacity of the Kareevlei plant at the diamond mine in South Africa, which started in mid-October and was carried out with the assistance of mining and processing specialists, confirmed that production of just below 90 000 t a month is achievable, in line with previous guidance.
Production in October and November yielded an average grade of 4.4 carats per hundred tonnes, with the largest diamond recovered weighing 10.2 ct.
The company expects to provide an update on production for the 2023 full year in the first quarter.
Alex Shishlo for Rough&Polished
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