31st Aug 2022 17:41
BlueRock Diamonds PLC - diamond producer focused on South Africa - Sells six diamonds, each valued at over USD50,000 in its August sale. This brings the average price in 2022 so far to USD594 per carat, up from USD465 per carat in 2021.
Chair Mike Houston says: "The market appears to have stabilised price wise, but with the ongoing pressure on the rough diamond supply side due to lower global production and sanctions on Russia, we anticipate the demand for Kareevlei's high quality parcel of diamonds to remain firm."
Current stock price: 8.50 pence, closing 6.3% higher in London on Wednesday
12-month change: down 84%
By Heather Rydings; [email protected]
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