DIAMONDS

PRODUCTION AND MARKETING

Ghana produces average of 1,000,000 (one million) carats of diamonds annually from alluvial deposits. This is made up of about 85% industrial diamonds and 15% gem diamonds with the following classification:


Sizes - 4 stones / carat and below
Melees - 5-12 stones / carat
Sand - 18-28 stones / carat
Dust – 1/powder - 56 stones / carat and above



The country is yet to discover a Kimberlite pipe.

The company’s sources of diamond supply are from Local Diamond Winners, made up of small-scale private diamond winners, and also from the Ghana Consolidated Diamond Limited, the only major diamond mining company in Ghana.


VALUE-ADDITION

Efforts are ongoing to establish a diamond cutting and polishing centre in Ghana to add value to the raw diamonds prior to export. Large deposits of semi-precious stones suitable for various lapidary works and beads manufacture provide potential investment opportunities.