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IN BRIEF: BlueRock Diamonds reviews proposals for KV2, Kareevlei mine

November 24, 2022 at 03:22 am EST

BlueRock Diamonds PLC - diamond producer focused on South Africa - Evaluating proposals to overcome "critical path constraints" on mining the KV2 pit at the Kareevlei diamond mine in South Africa. Says that its ZAR30 million loan facility agreement with Teichmann South Africa Proprietary Ltd currently remains out of terms at present with ZAR47.2 million outstanding at the end of October 2022. Plans to bring its facility agreement within limits in the first quarter of 2023.

Current stock price: 4.95 pence

12-month change: down 86%

By Abby Amoakuh; abbyamoakuh@alliancenews.com

Stocks mentioned in the article

Add to a list Add to a list 0 selected To use this feature you must be a member Log in Sign up	Price	Change	5d. change	Capi.
DOW JONES AFRICA TITANS 50 INDEX	462 PTS	+1.81%	+2.72%	-
S&P AFRICA 40 INDEX	157.6 PTS	+3.21%	+3.49%	-
DOW JONES SOUTH AFRICA(ZAR)	1,962 PTS	+1.81%	+2.51%	-
BLUK DIAM	2.25 GBX	-.--%	-.--%	1.16M

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