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Sierra Leone exported diamonds worth some US $2 million in July, all with UN-approved certificates of origin, Mineral Resources Minister Mohamed Deen told reporters in Freetown on Monday, AFP reported.
“The certificate of origin has yielded a large dividend and has reduced smuggling drastically,” he was quoted as saying.
He said that an international company, Diamond Works, was currently assessing damage to its kimberlite plants in Kono District, the heart of Revolutionary United Front territory. He said the company was ready to invest between $40 million and $50 million to revive operations “once security clearance is given”. The government, he added, could earn about $30 million from kimberlite mining, money it desperately needs to rebuild the country after 10 years of war.
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