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DIAMONDS

42

MODERN MINING

August 2016

T

he Kareevlei property is located

approximately 100 km north-

west of Kimberley and hosts the

Kareevlei kimberlites – five kim-

berlite pipes ranging in size from

less than a 0,5 ha to less than 5,6 ha. They

were discovered in 1991 by De Beers follow-

ing an extensive airborne magnetic survey of

the Ghaap Plateau. The property subsequently

passed into the hands of Tawana and was sold

to BlueRock in 2013. Since then BlueRock has

undertaking trial mining and is now transi-

tioning into full mining.

BlueRock, which was registered in 2012 and

admitted to AIM in 2013, has businessman

Adam Waugh as its CEO (he was appointed in

April this year) and Paul Beck – a member of

the well-known South African mining family –

as its Non-Executive Chairman. The CEO of its

South African operating subsidiary, Kareevlei

Mining, is Riaan Visser, a CA who has been

involved with diamond mining and tailings

retreatment projects in the Kimberley area for

over 20 years, while its Chief Technical Officer

is John Kilham, a geologist who spent 27 years

with De Beers.

In June this year BlueRock announced the

appointment of Johan Milho, previously with

Petra, as the newMine Manager of the Kareevlei

mine. He succeeds Willie van Wyk, the com-

pany’s BEE partner, who is now Director of

Mining Operations for Kareevlei Mining.

Outlining BlueRock’s progress at Kareevlei,

Beck says in his Chairman’s Statement in

BlueRock’s recently released results for the

year ended 31 December, 2015 that by the

end of the year the company had produced

in excess of 2 500 carats and installed facili-

ties capable of operating at in excess of 20 000

tonnes per month. He also noted that the aver-

age value per carat achieved was US$261,

significantly in excess of the original estimate

of US$183 per carat and the updated estimate

prepared by the company’s Competent Person

of US$232 per carat.

Mining operations over 2015 were focused

on developing and exploiting the KV2 pit,

which covers an area of 1,1 ha and has an

inferred grade of 4,6 cpht. By the end of 2015,

Kareevlei Mining had removed the overburden

from approximately 40 % of the pipe and had

reached a maximum mining depth of around

28 m in a small area of the orebody.

BlueRock announced in March this year that

it would be undertaking a strategic review of

its operations (including a review of the plant

Kareevlei

modifies its processing plant

BlueRock Diamonds, whose shares are quoted on London’s

AIM, reports that operations at its Kareevlei mine in the

Northern Cape, will be resuming shortly after operations

were suspended in June to allow changes to the plant con-

figuration. The company reported in July that the modifi-

cations to the processing facility were nearing completion

and should result in a recovery in grade as well as increased

capacity once operations restart.