PEACE DIAMOND: Precious Stone Fetches $6.5m In New York

A giant 709-carat diamond unearthed in Sierra Leone has sold at auction in New York for $6.5m (£4.8m). Laurence Graff, chairman of Graff Diamonds, won the precious stone – nicknamed the “peace diamond” – in bidding on Monday. Half of the proceeds, $3.8m, will be used to fund infrastructure projects to benefit the community of the […]

World Bank Group Approves Us$20 Million Grant to Support Sierra Leone’s Mining Sector

Sierra Leone will receive a US$20 million International Development Association (IDA) Grant for the second phase of the Extractive Industries Technical Assistance Project (EITAP 2) to help strengthen governance, increase geological knowledge, and support to the artisanal mining sector in the country. Under the first phase of the Extractive Industries Technical Assistance Project (EITAP 1 […]