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Diamond miners in Kono District
The mining industry of Sierra Leone accounted for 4.5 percent of the country's GDP in 2007[1] and minerals made up 79 percent of total export revenue with diamonds accounting for 46 percent of export revenue in 2008.[2] The main minerals mined in Sierra Leone are diamonds, rutile, bauxite, gold, iron and limonite.
Mining in Sierra Leone has been seen as one of the key factors for instability in the country and one of the reasons for the country's recent civil war. Traditionally, benefits from diamond mining have ended up with private companies and corrupt officials rather than the country's government and people.[3]
The Ministry of Mineral Resources is responsible for the management of the country's minerals sector and the Mines and Minerals Act 2009. Sierra Leone is a candidate for the Extraction Industries Transparency Initiative (EITI). GoSL publishes data on licenses and payments by mining companies on their Online Repository established by Revenue Development Foundation, the repository was launched in January 2012.
^African Development Bank, OECD - Organisation for Economic Co-operation and Development (2009). African Economic Outlook 2009: Country Notes: Volumes 1 and 2. OECD Publishing. pp. 562–563. ISBN 978-92-64-07618-1.
^Geological Survey (U.S.) (2010). Minerals Yearbook, 2008, V. 3, Area Reports, International, Africa and the Middle East. Government Printing Office. p. 35.1. ISBN 978-1-4113-2965-2.
^Federico, Victoria (2007). "The Curse of Natural Resources and Human Development". L-SAW: Lehigh Student Award Winners. Archived from the original on 2012-03-22.
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