RAPAPORT… BlueRock Diamonds, which owns the Kareevlei mine in South
Africa, has sold a 10.6-carat rough diamond for $103,000 at its September
tender.
The stone, fetching $9,751 per carat, is the sixth diamond the miner has sold this year
for more than $50,000. Those goods have brought in $600,000 combined.
“The recovery and sale of yet another high-value diamond
continues to underpin the increasing potential of the Kareevlei mine,” BlueRock
chairman Mike Houston said last week.
Image: The Kareevlei mine. (BlueRock Diamonds)
Kareevlei Rough Fetches $9,751/ct.
The Bottom Line
- BlueRock Diamonds sold a 10.6-carat rough diamond for $103,000, achieving $9,751 per carat.
- This marks the sixth diamond sold by BlueRock this year exceeding $50,000 in value.
- High-value diamond sales from Kareevlei have generated a combined $600,000 in 2024.
Summary by Rapaport AI
More Stories

Qatar Diamond Exchange to Collaborate with Italian Bourse
Parties signed MoU to extend connection among their members, broaden cooperation and advance commercial relationships.

China Signs Deal to Reinvigorate Interest in Natural Diamonds
Shanghai Diamond Exchange hosts signing of Beijing Declaration, with government representatives from Botswana, Namibia and South Africa.

AI, Gen Z Are Hot Topics at AGS Conclave
This year’s edition is last to take place in September, as event returns to spring in 2027.
