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Diamond Plan

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Diamond Plan
Mining of Rough Diamonds in Sierra Leone
“CREATING A FUTURE – GIVING NEW MEANING TO SUSTAINABILITY IN MINING”

BUSINESS PLAN

Page 1

Sierra Credit Repository Xchange (SCRX) Sierra Leone Limited

Business Plan

List of Contents
OPENING STATEMENTS

PAGE
3

EXECUTIVE SUMMARY

3

INTRODUCTION

3

Legal Structure of SCRX

4

Why Diamonds?

4

History of Sierra Leone Diamonds

4

Diamond Market

6

The Government Role

6

Historical Context of the Diamond Region and Mining Sites of Sierra Leone

6

Economic Opportunity

6

Sierra Leone Diamond Output via Surrogates

7

Investment Climate for Sierra Leone

8

Duplicatable Bateman’s Containerized Model Mining

12

Organizational Profile – Operations Structure

14

SCRX Operations Risk

15

Corporate Governance Statement

18

Marketing Plan

22

Revenue Sources

22

Security

22

Economic Development

22

SCRX Microfinance Initiatives - Tender “Capital Guarantee Fund”

22

SCRX MRI – Diamond Cutting and Polishing Program

24

Year 1: Mining for Rough Diamonds Budget Estimates and Financial Projections

25

Focus on Growth

28

Logistics in Place

29

Kimberley Process Participating Countries

30
Page 2

Sierra Credit Repository Xchange (SCRX) Sierra Leone Limited

Business Plan

OPENING STATEMENTS
This document is a proposal of Sierra Credit Repository Xchange (SCRX) Sierra Leone Limited. The proposal reflects
SCRX’s vision for developing a diamond acquisition/open buying and mining industry in Sierra Leone. The proposal will be built on developing viable partnerships with international financial institutions that will be a testament to
SCRX’s goal to stimulate viable cross Atlantic collaborations.
SCRX will conduct its business free of any predatory practices. It seeks to carve a niche in Sierra Leone’s international diamond trade.
EXECUTIVE SUMMARY
The economic sector and infrastructural
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