- Pre-tax losses at BlueRock Diamonds fell to £495,493 in the year to the end of December (2015: £1,053,699) on turnover of £239,646 (2015: £264,372).

The group said the loss in 2016 reflected the challenges it faced in the transition from trial mining to full operation reaching its internal target of combined production albeit with a much reduced recovery rate.

It said that in 2016 there had been a significant movement in foreign exchange during the year, a gain of £869,608 (2015: loss of £406,807) which had contributed to reducing the loss before tax.

At 9:28am: [LON:BRD] Bluerock Diamonds Plc Ord 1p share price was 0p at 3.25p

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