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Bluerock Diamonds Sells 7.63 Carat Diamond for $52,000

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South African diamond miner announced today that it sold a 7.63 carat diamond for $52,000 in an August tender.

The company said this is the fifth diamond that has been sold this year at a price of in excess of $50,000.

"The continued and improving regularity of discovery of high-quality stones underpins the potential value of the project and the effectiveness of our recent improvements in operational practises," said Mike Houston, Executive Chairman. "I look forward to updating our shareholders on further developments at Kareevlei as we continue to implement operational initiatives to optimise the performance of the mine."

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