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Sierra Leone to Sell Multi-million Dollar Diamond to Help Poor
Sierra Leone hopes to raise millions of dollars for development projects by selling a large uncut diamond. It is believed to be one of the largest diamonds in the world. The public sale will take place in New York in December.
The 709-carat gemstone is known1 as the Peace Diamond. This will be the second time Sierra Leone tries to sell the diamond. The government rejected the highest bid2 of $7.8 million at its first public sale in New York in May.
More than half of the earnings3 from the sale will be used for water, electricity, education and health projects in Sierra Leone, especially to aid Koryardu. That is the eastern village where the diamond was found.
Martin Rapaport is chairman of Rapaport Group, an organization of diamond companies which will manage the sale. He told Reuters, “There’s a reason God gave these diamonds to the poorest people in the world and made the richest people want them…this is making the world a better place.”
The Rapaport Group described the diamond as the 14th largest in the world. A Christian4 clergyman discovered it in March and gave it to the government.
Diamonds were a conflict5 resource6 in Sierra Leone’s 10-year civil war, which ended in 2002. Rebels7 would buy weapons with earnings from diamond sales. This led to the creation8 of the term ‘blood diamond.’
I’m Jonathan Evans.
Words in this Story
bid – n. an offer to pay a particular amount of money for something
carat – n. a unit for measuring the weight of jewels (such as diamonds) that is equal to 200 milligrams
manage – v. to take care of and make decisions about someone's time, money, etc.
1 known | |
adj.大家知道的;知名的,已知的 | |
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2 bid | |
n.出价;投标;vt./vi.(拍卖时)喊(价);投标 | |
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3 earnings | |
n.工资收人;利润,利益,所得 | |
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4 Christian | |
adj.基督教徒的;n.基督教徒 | |
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5 conflict | |
n.冲突,矛盾,争执;vi.争执,撞斗,冲突,抵触 | |
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6 resource | |
n.资源,财力 | |
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7 rebels | |
n.反政府的人( rebel的名词复数 );反叛者;造反者;叛逆者v.反抗政府( rebel的第三人称单数 );反抗权威 | |
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8 creation | |
n.创造,创造的作品,产物,宇宙,天地万物 | |
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