Sierra Leone, Diamond Export Recovery is Likely

Gem Investing

Sierra Leone is positive that this year is a good for diamond recovery after falling prices in 2009. Exports for Q1 up to May of 2010 stood at $35-million, nearly 25% up on the same period for 2009.
Deputy Minister of Mineral Resources Abdul Ignosi Koroma is quoted saying:
“Despite the fact that the industry is still […]

Sierra Leone is positive that this year is a good for diamond recovery after falling prices in 2009. Exports for Q1 up to May of 2010 stood at $35-million, nearly 25% up on the same period for 2009.

Deputy Minister of Mineral Resources Abdul Ignosi Koroma is quoted saying:

“Despite the fact that the industry is still affected by the economic downtrend in the diamond global market we still hope that it will pick up by 2011.”

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