Gem

Reuters reported Sierra Leone diamond exports hit 221,293.4 carats during the first six months of 2012, up 4.85 percent compared with a year ago, Sierra Leone’s Gold and Diamond Office said on Wednesday.

Reuters reported Sierra Leone diamond exports hit 221,293.4 carats during the first six months of 2012, up 4.85 percent compared with a year ago, Sierra Leone’s Gold and Diamond Office said on Wednesday.

As quoted in the market news:

About 36 percent of the exports came from Koidu Holdings Kimberlite mine, with the rest coming from artisanal miners, GDO director Jinnah Mohamed Ibrahim said, adding Koidu accounted for much of the year-on-year increase in total exports.

Koidu, Sierra Leone’s only commercial pit mining operation, is privately-owned by Israeli diamond trader Beny Steinmetz’s BSG Resources through its Octea diamond unit.

Click here to read the full Reuters report.

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