BlueRock raises £860 000 for Kareevlei

Aim-listed BlueRock Diamonds has raised £860 000 through the issue of 68.8-million shares at a price of 1.25p apiece to further develop mining operations at its Kareevlei mine, near Kimberley, in the Northern Cape. BlueRock on Thursday said its blast programme at the mine had completed the removal of the calcrete cap from the entire kimberlite pipe. The company expects to have completed the blasting and processing of the entire first level of kimberlite, which ...