Star Diamond acquires Buffalo Hills project in Alberta
Located approximately 400 kilometres northwest of Edmonton, the Buffalo Hills project includes 21 mineral leases covering 4,800 hectares.
Bluerock Diamonds was up 7.87% to GBX1.27 (CAN0.02) a share after announcing production had resumed at its South African diamond mine, Kareevlei.
The company announced that it had found a long-term fix for its cone crusher which had been affecting throughput.
The company says that changes made to the crushing circuit will positively impact the plant’s performance, improving throughput rates and will provide an update in its July quarterly statement.
Year-to-date the company’s stock has slid 60 percent.
Creative Commons image courtesy of Mechanical Curator’s Cuttings
