BlueRock Diamonds restarts operations at Kareevlei

BlueRock Diamonds confirmed on Monday that both mining and processing operations at Kareevlei had restarted as of earlier in the morning.

The AIM-traded diamond producer owns and operates the Kareevlei Diamond Mine in the Kimberley region of South Africa.

It said it expects to be operating at capacity by the end of May, although its expansion plans remained on hold amid the ongoing Covid-19 coronavirus pandemic.

“Management and the board have put a lot of effort and thought into the start-up of our Kareevlei operation and in particular the safety of our employees and the risks associated with production and the market in what is a challenging and developing situation,” said executive chairman Mike Houston.

“We look forward to providing further details in due course.”

At 1452 BST, shares in BlueRock Diamonds were down 15.21% at 60.2p.