BlueRock Concerned over Cash-Flow Shortage

BlueRock Diamonds is in talks to receive financial help after operations at its Kareevlei mine in South Africa paused due to a possible safety breach. “The suspension has impacted near-term cash-flow expectations, exacerbated by the fact that there is no planned diamond tender in Kimberley [in South Africa] in December,” BlueRock said last week. “The … Read more

BlueRock Diamonds Reports Profitability

BlueRock Diamond

BlueRock Diamonds has announced that it operated profitably for the first time in the second half of 2019. The miner started operations in 2012. The AIM-listed diamond producer, which owns and operates the Kareevlei Diamond Mine in the Kimberley region of South Africa said its revenue was up 190 percent to £4.1 million ($5.4 million) … Read more