Pay Diamond Marketing and Sales Company (SL) Limited
is a new privately funded diamond mining company operating in the prolific Diamond Belt of Sierra Leone,
specifically, in the Kenema District.
Historically high-quality and valuable diamond deposits have been discovered
in Sierra Leone,
with several of the world’s largest and most valuable stones originating from the country.
Whilst diamond exploration and production continues,
mineral licence areas are being explored in an effort to create further shareholder value
through the discovery of iron ore, gold, base metals, bauxite, rutile and rare earths.
SOCIAL IMPACT
The plan is to initiate a number of activities to support local communities and its local workforce as part of its exploration, production and management activities.
The workforce of the Company will undergo the
best training coupled with health and education programmes resulting in an improvement in the quality of the lives of people in the local communities by creating social centres and infrastructures.
Anyone involved in mining knows that workers, hard work and time invested on a site are of paramount importance for a successful mining exploration activity.
By allowing our surveyors to collect accurate spatial data from above, drone
or UAV technology can vastly reduce investment risk by minimising the time these staff spend on site digging maybe in a not profitable area.
Drone-based data collection can, amongst other things, boost productivity.
Surveying
projects that once took days or weeks using traditional surveying techniques are now possible in just a few hours.
Plus, thanks to a drone’s ability to collect data from above, there is no downtime required while surveyors move around
a pit, as can be the case when using terrestrial surveying instruments.
With fewer man hours required to produce large, accurate data sets, and no need for externally-sourced imagery, the result is vastly reduced costs.
In
fact, many operators report that a single imaging drone – comparable in price to a mid-range GPS rover – can pay for itself in just a few months.
Drone Mapping in Mining Powerful aerial data for our mine Drones and the powerful aerial data they provide are bringing cost and time-saving innovations to a variety of mining processes.
Professional-quality maps and 3D models
empower you to instantly calculate aggregate volumes, keep track of equipment locations and monitor safety environmental compliance.
Web-based, button-click map sharing means you can collaborate with team mates both onsite and back at
the office, making sure that everyone has access to the data they need.
The diamond fields cover an area of about 7,700 square miles (about one-quarter of the country) in the south-eastern and eastern parts of Sierra Leone.
The diamond producing areas are concentrated in Kono, Kenema and Bo Districts and
are mainly situated in the drainage areas of the Sewa, Bafi, Woa, Mano and Moa Rivers.
Alluvial diamond concentrations occur in river channel gravels, flood-plain gravels, terrace gravels, gravel residues in soils and swamps.
Sierra Leone is known for producing mostly gem quality diamonds including some spectacularly large stones of very high value. The largest ever discovered (February 1972) was a 969.8 carat diamond code-named the "Star of Sierra Leone” (the
third largest diamond ever found worldwide).
Kimberlites, the primary host rocks for diamonds, have been discovered in the Koidu and Tongo areas.
Reserves are estimated at 6.3 million carats down to a depth of 600m at
Koidu and 3.2 million carats to a depth of 600m at Tongo.
Artisanal and small-scale diamond mining activities are widespread in the Kono District as well as Kenema, Bo and Pujehun Districts. About 1,700 small-scale mining licenses
are currently operating in these areas.
Gold a good buy from a licensed trader.
Compelling reasons for investing in gold:
-Gold has a history of holding its value;
-Gold remains a hedge against inflation;
-Increased wealth of emerging markets has increased demand for gold, this may result in supply constraints, boosting the price of gold;
-Gold is a hedge against geopolitical uncertainty;
-Portfolio diversification;
-Gold is money;
-Gold, unlike fiat currencies, is not a claim on anyone else's liability;
-All gold found by our mine or others in the same country is responsible gold.
Our company only transacts with registered companies or buyers that are in possession of a valid Jewellers’ Permit/ Working license. Members of the public can invest in gold offered, by authorised third parties, to our company through our trading account in the country of collection.
Our Licensed Trading company gives the retail investor the opportunity to purchase and hold physical gold and silver and insure that orders can be shipped as soon as client funds clear. Our company are committed to providing assistance through the entire cycle, up to an efficient fully insured shipping. We guarantee the authenticity of all of our legal products.
Pricing
Our price is "live" and always reflect the current gold or silver spot prices and SL/ $ exchange rates, allowing you to ‘lock in’ your gold price when you are ready to place your order regardless of the time or day of the week. Terms of delivery are negotiable and may include shipping and insurance. Our gold, being licensed traders, can take the shape of unrefined gold dust, nuggets or bars and its price changes accordingly.
Shipping
Shipping is both secure and discreet with all shipments being insured by third party high value cargo insurers. Shipments can be tracked, in due course, from our warehouse right to your doorstep for your peace of mind.
Supply and Demand
Gold production is not increasing quickly enough to satisfy the increasing demand.
An amorphous clayey rock that is the chief commercial ore of aluminium.
It consists largely of hydrated alumina with variable proportions of iron oxides.
Sierra Leone's production of Bauxite, an aluminum ore, is around one
percent of the total global production. Deposits occur between Moyamba and Mano, on the Freetown Peninsular, at Krim-Kpaka in the Pujehun District, southern Sierra Leone; in north on the road from Falaba to Waia, at Kamakwie and Makumre.
Iron ores are rocks and minerals from which metallic iron can be economically extracted.
Ores containing very high quantities of hematite or magnetite (greater than about 60% iron) are known as "natural ore" or "direct shipping
ore”, meaningthey can be fed directly into iron-making blast furnaces.
Iron ore was discovered in the Marampa area in 1926. The primary ore has an estimated tonnage of 92 million tonnes at 37.8% Fe.
The Marampa iron ore
deposits form part of a greenstone belt with massive beds of specularite schist inter-stratified with quartz-mica schists.
The formation has been traced as far as Kukuna near the Guinea border and to the south at Toma and Makalawa.
The other deposits investigated include the Tonkolili and Bagla Hill deposits.
See below where and how to contact us.
