Make Kitco Your Homepage

12.2 Carat Dimaond Is Sold For $105,000

Kitco News

BlueRock Diamonds sold a 12.2 carat diamond for $105,000 in a tender earlier this month.

The diamond, recovered from the Kareevlei Diamond Mine in the Kimberley region of South Africa, was the second most valuable recovered by the company.

BlueRock's Mike Houston, Executive Chairman, is hoping for more diamond recoveries.

"We have made excellent progress in improving our operational practices at Kareevlei which has resulted in increased volumes and the more regular recovery of higher value stones."

Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.

Precious Metal Charts

Follow Kitco News