The signs of massive diamond mining operations- dusty roads, damaged landscapes, unreclaimed farmlands, muddy pits, and shabby homes- all tell a tale of exploitation and neglect in the Sierra Leonean chiefdom of Tankoro in Kono district east of the country. ... Koidu Limited is currently the largest mining company in Sierra Leone with 909 ...
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John & Lech Mining Company specializes in responsible mineral exploration and extraction in Sierra Leone and Liberia, focusing on gold, diamonds, and chromite to drive economic growth …
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Fig 1. Sierra Leone GDP 13 Fig 2. Map of mining locations in Sierra Leone 23 Fig 3. Comparison of mining revenue streams between 2011 and 2013 35 Fig 4. Minerals export values in 2014 and 2015 36 List of Tables: Table 1. GGDO (1998-2006) Diamond export from Sierra Leone 16 Table 2.
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Project Nimikoro comprises of 125 acres of alluvial mining territory with historical data reporting the incidence of diamonds between 50 to 75 Carats per hundred tonnes and Gold at levels between ...
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Magburaka Local Miners, with its head office in Sierra Leone, is an independent, global gold and diamond mining company with a diverse, high-quality portfolio of operations, projects and explorational activities across many countries on four …
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World Bank estimates suggest the artisanal diamond mining sector is now Sierra Leone's second largest employer (after agriculture), providing a livelihood for between 300,000 and 400,000 people ...
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Leone Minerals Limited (LeoneMin) is a distinguished geological and mining company focused on the exploration, discovery, and development of invaluable mineral resources, including mineral sands and precious mineral deposits.
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former National Diamond Mining Company (NDMC) site. It was then sold to an "unidentified" ... and market all Sierra Leone diamonds." In an attempt to stop widespread illicit mining and smuggling, the government changed this arrangement in 1955, and the company's oper-ations were confined to an area of 310 square
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Freetown, 26th August 2024. The Ministry of Mines and Mineral Resources and the National Minerals Agency are delighted to announce the recovery of a 391.45-carat diamond from the Meya Mine in Kono District, Eastern Sierra Leone. The diamond, which was recovered on Tuesday, 20 August 2024, is the second exceptional diamond mined and recovered from […]
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Newfield Resources' Tongo diamond project in Sierra Leone produced 7 800 carats in 2022 and this figure will virtually double in 2023. While these figures are modest, they are just the prelude to an expected sharp ramp …
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Newfield and its subsidiaries have spent over 20 years in the West African region working on the exploration, development and mining of diamond deposits. Its current flagship asset, the Tongo Diamond Development in Sierra …
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Sierra Leone's Kono district is an area rich in diamond resources, but it's had a poor record on human rights and environmental standards. Now, an inclusive new program offers the region's artisanal and small-scale miners a …
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Sierra Leone diamond company the Octea Diamond Group owns two mining leases: the Koidu Kimberlite Project and the Tonguma Project. It also has exploratory licences including for newly created subsidiary Boroma, east …
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Sierra Leone has a substantial mining sector, primarily driven by the large-scale production of iron ore, diamonds, rutile and bauxite. It also hosts small-scale and artisanal mining of gold and diamonds. Mining plays an important role in the country's economy, although the sector has been in decline over the past years.
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In 1970, the Sierra Leone Government acquired a 51 per cent share in SLST, and the National Diamond Mining Company (NDMC) was formed. It used highly mechanised methods, involving draglines, earth-moving equipment and sophisticated treatment plants to extract diamonds from the gravels. The establishment of the Alluvial Diamond Mining Scheme ...
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River Minerals (SL) Limited is a leading mining company based in Sierra Leone, specialising in the exploration, extraction, and trade of precious minerals. With a strong commitment to ethical practices, environmental sustainability, and community development, we strive to unlock the full potential of Sierra Leone's mineral wealth while ...
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Diamond Mining Company (NDMC) of Sierra Leone was formed. However, SLST retained the remaining 45% of the shares, as well as being responsible for corporate decision and the day-to-day running of the mines. 3 See A.B. Zack-Williams - "Merchant Capital and Underdevelopment in Sierra Leone" African Review, Vol. 10, No. 1, 1983.
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Spanning 129 square kilometers in Sierra Leone's eastern diamond fields, the Meya deposit has an indicated resource of 7 million carats. ... The company expects its underground mining plan to take 15 years and yield approximately 1 million carats annually, it said. The site is responsible for producing the 476-carat Meya Prosperity diamond, ...
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The website of a foreign-owned diamond mining company in Sierra Leone states, "Our Diamonds Doing Good: Follow our progress as we demonstrate that responsible and sustainable diamond mining can - and will - elevate and empower the people, the economy, and the country of Sierra Leone." During my second week in Sierra Leone as a Kiva Fellow, I visited Kono district where …
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The 'Peace Diamond,' sold by the government of Sierra Leone for $6.5 million, was found by a 16-year-old, and could change the industry
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was a 970-carat diamond dubbed the 'Star of Sierra Leone', and this is, to date, the third-largest diamond ever found. Four of the 20-largest diamonds in the world are from Sierra Leone. Just under a year ago, a local artisanal miner found a 709-carat diamond in Eastern Sierra Leone, which now stands as the 13th largest diamond in the world ...
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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. In 2008, the value of exported diamonds was just about $98 million USO ...
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Since then, four of the world's 21 largest diamonds have been found in Sierra Leone – behind only South Africa – and the country's diamond industry is an estimated $250m a year.
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Sierra Leone: The diamond history of Sierra Leone began in 1935 when De Beers legally took complete control of the dining prospects in Sierra Leone for the next 99 years. Despite De Beers presence, Lebanese traders within Sierra Leone quickly discovered the immense profits that could be made by smuggling diamonds out of the country. As a result ...
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The five new large-scale mining companies in operation are MEYA Mining Company, Wongor Investment Mining Company, Sierra Diamonds Mining Company, Kingho Mining Company and Cheng Li Mining Company. In January 2018 there were seven small-scale mining companies operating in Sierra Leone. In March 2021 there are now thirteen small-scale …
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3.) Boilermaker . Job Description. Position: Boilermaker Location: Tongo Field, Sierra Leone Department: Engineering Reports to: General Engineering Supervisor Hours: 44 per week Contract Type: Fixed Term Key deliverables: • Effective and safe boiler making, welding/ or related task in the Mining environment, Dense Medium Separation Plant; Mobile Plant, and …
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The Star of Sierra Leone, a magnificent 969-carat diamond, was discovered in the Koidu area. By 1937 Sierra Leone was mining one million carats annually, reaching a peak of 2 million carats in 1960. From 1930 to 1998, approximately 55 million carats were mined (officially) in Sierra Leone.
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The Sierra Leone government in 1971 subsequently formed the National Diamond Mining Company (NDMC). This was a way to nationalize the SLST. The newly formed NDMC took over 51% of the SLST's shares, and the SLST retained the remaining 49% of its shares.
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After a decade of conflict, Sierra Leone is again emerging as a mining frontier with endless potential – most notably from its infamous diamond resources that were once marred with controversy. A London-based investor and the director general of the country's National Minerals Agency discuss the challenges and potential of mining Sierra Leone.
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MAKENI, Sierra Leone — Residents of Koidu, in eastern Sierra Leone, are pursuing a class-action lawsuit against the operators of a diamond mine they say has dumped toxic mine waste, damaged ...
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Independent diamond miners just outside a mining concession in Sierra Leone in March. Farming and mining companies have often failed to consult local communities about their projects.
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Come with us on a guided tour of our diamond exploration and mining operations in the Republic of Sierra Leone. Meet our people at work and in our community, and follow our progress as we demonstrate that responsible and sustainable …
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By 1937 Sierra Leone was mining one million carats annually, reaching a peak of 2 million carats in 1960. From 1930 to 1998, approximately 55 million carats were mined (officially) in Sierra Leone ...
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In 2016, Sierra Leone's high court ruled that, despite being the largest diamond mining company in the country, OCTÉA is not required to pay tax because its parent company – the Beny Steinmetz Group Resources (BSGR) – is not registered for business in Sierra Leone. Koidu Limited was also ruled to be exempt from paying taxes to the local ...
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Despite its contributions to the development of the country, the mining sector in Sierra Leone, has been attributed to a multitude of impacts on the environment. This article focuses on assessing the environmental impacts …
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Koker detailed the company's workforce composition, highlighting efforts to meet national employment standards and address gender disparities within their labor force. ... The visit underscored the complexities and potentials of Sierra Leone's diamond mining sector, emphasizing the need for continued collaboration between stakeholders to ...
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