One of World's Largest Diamonds Fetches $6.5M to Aid Sierra Leone

One of the world's largest diamonds was sold for $6.5 million by Sierra Leone on Monday to fund local development projects, dealing a blow to smugglers in the West African nation. The egg-sized, 709-carat diamond found by a Christian pastor was bought at auction in New York by Laurence Graff, a British billionaire and jeweler, according to the Rapaport Group, an international diamond trading network that handled the sale. Of the proceeds of the stone dubbed the "Peace Diamond," the government will get 59 percent or about $3.9 million in...

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Published By: VOA Africa - Monday, 4 December

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