The government of Sierra Leone has delayed the schedule for selling a 709.41-carat rough diamond in a bid to give buyers more time to take part, according to a Rapaport’s report. The auction was previously scheduled for 6 April 2017.
The government said that the diamond can be viewed at the Bank of Sierra Leone in Freetown until 10 May. Starting 11 May, buyers can make an offer. On the same day bids will be received and opened in front of all participants.
“The extension is to give sufficient time for prospective bidders, particularly those outside Sierra Leone, to participate in the bidding process,” said the government.
The stone was found by a local artisanal miner, Pastor Emmanuel A Momoh, last month in the Kono district. It was later presented to Sierra Leone’s president.
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