May 12, 2020

BlueRock Commences Operations at its Kareevlei Mine in South Africa

BlueRock Diamonds PLC has commenced operations at its Kareevlei Diamond Mine in the Kimberley region of South Africa as of yesterday, May 11, 2020. Currently, the Company has started with mining and processing operations; and BlueRock expects the mine to be operating at capacity by the end of May 2020. However, the Company declared that its expansion plans remain on hold.

BlueRock Executive Chairman, Mike Houston, said, “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. We look forward to providing further details in due course.”