BlueRock Diamonds received from Diacar option to buy the refinery, located on owned diamond company project Kareevley (Kareevlei) in South Africa for £ 82 000.
Diacar Kareevley conducts operations on a November 2015 agreement on the contract, according to which it paid 40% of the proceeds received from the sale of diamonds mined in this processing plant.
However, in July Bluerock terminated the agreement with Diacar loading and transportation of rock and diamond wealth.
"Call Option processing Diacar plant gives us operational capabilities and the flexibility to over the next 4 months, at low cost and with 100% of the profits from diamond mining to begin processing diamondiferous ore," - said CEO Adam Voe (Adam Waugh) .
At the same time, in BlueRock said that production at Kareevley was resumed. Over the next two weeks, the company intends to gradually increase the volume of rock processing, as well as go on a 24-hour production schedule. This will happen after it becomes clear that modernized in the previous two months processing plant works according to plan.
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