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- But when diamonds are found, the miners receive only a tiny fraction of the real value. James and other miners in Seidu told Al Jazeera that they are paid just 8,000 Sierra Leone leone ($0.65) by their supporter for working eight hours daily, digging up mud, then extracting and sifting through gravel. Their supporter declined to be interviewed.
www.aljazeera.com/features/2022/4/19/the-story-sierra-leone-artisan-miners
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Nov 18, 2022 · One local businessman who asked to be referred to as ‘Sugarman’, detailed how he was able to help several Europeans involved in the international diamond trade smuggle $17,000 worth of diamonds out of Sierra Leone.
The mining industry of Sierra Leone accounted for 4.5 percent of the country's GDP in 2007 [1] and minerals made up 79 percent of total export revenue with diamonds accounting for 46 percent of export revenue in 2008. [2] The main minerals mined in Sierra Leone are diamonds, rutile, bauxite, gold, iron and limonite.
According to the Kimberley Process documentation, in 2018, the total value of exported rough diamonds from Sierra Leone was $157 million USO. Diamonds from artisanal mining was 225,807 carats valued at $78.4 million USO contributing 41.4% of the total exports in 2016.
Aug 28, 2023 · Sierra Leone is known for the quality of its diamonds and the product from the Tongo diamond project is no exception. “The diamonds we’re recovering are of excellent colour and clarity,” says Smithson. “Our first diamond sale last year of 5 330 carats realised an average price of US$269 per carat.
Aug 23, 2024 · Diamond Mining Market by Reserves and Production, Assets and Projects, Demand Drivers, Key Players and Forecast to 2026. Sierra Leone accounts for 0.78% of global production, with the largest producers being Russia, Botswana, Canada and the Democratic Republic of the Congo.
Aug 15, 2012 · This project will enhance our understanding of the structure of small scale and artisanal diamond mining in Sierra Leone and its impact on the local economy. We will be looking at the overall effects of mining activities on rural livelihoods, involving such diverse aspects as income and wealth, food security, security and social conflict.