trending Market Intelligence /marketintelligence/en/news-insights/trending/PgL1ZKqZkcejm2Dwpefusw2 content
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

In This List

BlueRock inks mining services contract for Kareevlei diamond mine

State of the Market: Mining Q1-2020

Mining Exploration Insights - April 2020

Mining Exploration Insights December

Mining Exploration Insights: Dip in gold drilling weighs on results


BlueRock inks mining services contract for Kareevlei diamond mine

BlueRock Diamonds PLC said Aug. 6 that it signed a five-year contract with Teichmann South Africa (Pty.) Ltd. for the latter to provide mining services to the Kareevlei diamond mine in South Africa.

The contract, which took effect July 1, provides for ore extraction, waste and haul to stockpile; breakdown of ore and ore delivery to the processing plant. BlueRock's prior mining services deal was on a per-hour basis, but its deal with Teichmann will be paid almost entirely on a per-tonne basis.

Based on the lower end of BlueRock's production expectations, Teichmann's services will cost about 21 million South African rand for the 12 months ending June 30, 2020.

Teichmann Co. Ltd., an investment company controlled by trusts connected to Teichmann South Africa, owns about 19% of the issued share capital of BlueRock.