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    <title>Business Recorder - Markets - Commodities</title>
    <link>https://www.brecorder.com/</link>
    <description>Business Recorder</description>
    <language>en-Us</language>
    <copyright>Copyright 2026</copyright>
    <pubDate>Fri, 14 Aug 2026 05:51:25 +0500</pubDate>
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      <title>S.Leone diamond exports up 28 percent in 2010</title>
      <link>https://www.brecorder.com/news/2155/sleone-diamond-exports-up-28-percent-in-2010</link>
      <description>&lt;p&gt;&lt;b&gt;&lt;img width="400" src="https://i.brecorder.com/images/stories/pics2010/DIAQMOND.jpg" alt=" " height="233" style="float: left; margin-bottom: 10px; margin-right: 10px;" /&gt;&lt;/b&gt;&lt;/p&gt;
&lt;p&gt;&lt;b&gt;FREETOWN&lt;/b&gt;&lt;b&gt;: &lt;/b&gt;Sierra Leone diamond exports rose 28 percent in 2010 to 109 million dollars (80 million euros), the mining ministry said Monday, showing recovery after being hit by the global recession.&lt;/p&gt;
&lt;p&gt;&lt;p&gt;In a statement, the mineral resources ministry said diamond export figures showed "a slight increase of 28 percent for 2010 compared to 2009 which had a low export figure of 79 million US dollars."&lt;/p&gt;
&lt;p&gt;Despite the increase, figures are still much lower than those in 2007 -- when exports reached 142 million dollars -- attributed to "the slow export and cost, due to the world recession, in prices per carat for diamonds which dropped significantly."&lt;/p&gt;
&lt;p&gt;"In the Sierra Leone context, there has been a considerable cut down in artisanal diamond mining because surface mining does not yield" as much as before, said the statement.&lt;/p&gt;
&lt;p&gt;However despite the constraints suffered by artisanal miners, diamond licence holders continue to invest in the mineral-rich country, which has worked hard to clean up its diamond industry after illegal trading of conflict-funding "blood diamonds" fuelled a decade-long civil war which ended in 2002.&lt;/p&gt;
&lt;p class="MsoNormal"&gt;&lt;Center /&gt;&lt;b&gt;&lt;i&gt;Copyright AFP (Agence France-Presse), 2011&lt;/b&gt;&lt;/i&gt;&lt;/center&gt;&lt;/p&gt;&lt;/p&gt;
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<p><b>FREETOWN</b><b>: </b>Sierra Leone diamond exports rose 28 percent in 2010 to 109 million dollars (80 million euros), the mining ministry said Monday, showing recovery after being hit by the global recession.</p>
<p><p>In a statement, the mineral resources ministry said diamond export figures showed "a slight increase of 28 percent for 2010 compared to 2009 which had a low export figure of 79 million US dollars."</p>
<p>Despite the increase, figures are still much lower than those in 2007 -- when exports reached 142 million dollars -- attributed to "the slow export and cost, due to the world recession, in prices per carat for diamonds which dropped significantly."</p>
<p>"In the Sierra Leone context, there has been a considerable cut down in artisanal diamond mining because surface mining does not yield" as much as before, said the statement.</p>
<p>However despite the constraints suffered by artisanal miners, diamond licence holders continue to invest in the mineral-rich country, which has worked hard to clean up its diamond industry after illegal trading of conflict-funding "blood diamonds" fuelled a decade-long civil war which ended in 2002.</p>
<p class="MsoNormal"><Center /><b><i>Copyright AFP (Agence France-Presse), 2011</b></i></center></p></p>
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      <category>Markets</category>
      <guid>https://www.brecorder.com/news/2155</guid>
      <pubDate>Mon, 07 Feb 2011 12:40:47 +0500</pubDate>
      <author>none@none.com (Abdul Ahad)</author>
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