Ghana to sell diamond mine as part of sale of assets
March 10, 2010
Ghana plans to sell a diamond mine, as part of a sale of state assets. The West African nation aims to sell Ghana Consolidated Diamonds Ltd., based in the Eastern region town of Akwatia.
The country's Business and Financial Times reported the decision of the Divestiture Implementation Committee.
The mining concession has 14 million carats of proven gem reserves and 4.6 million carats of probable reserves, according to the report.
It also includes 240 square-kilometers of land, according to a statement published by the committee.
The deadline for bids for the mine is March 31, the committee said.
