BlueRock Diamonds announced that it has recovered a 12.6-carat diamond from its Kareevlei Diamond Mine in the Kimberley region of South Africa.
In a statement, Mike Houston, executive chairman of the AIM-listed diamond mining company, commented: "In line with our reporting policy to inform the market of diamonds recovered estimated to be valued at over $50k, we are delighted to announce that another large diamond has been recovered from Kareevlei.
"To put this into perspective, given the average engagement ring weight in the UK is 0.6 carats, a 12.6-carat diamond is considered exceptional. We are hopeful that the recovery of this diamond marks the start of mining better quality diamonds, having worked through a difficult area in recent months."
Back in October, BlueRock Diamonds revealed that it had sold 2,900 carats at an average price of US$300 per carat.
The aggregate consideration amounted to just over US$870,000.
The production also came from the company’s Kareevlei diamond mine in the Kimberley region of South Africa.