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

24th Nov 2022 08:19

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; [email protected]

Copyright 2022 Alliance News Limited. All Rights Reserved.


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