This land use case was issued by Lukey Kwadraat
Koidu Holdings – Sierra Leone
- Koidu Holding is owned by BSG Resources, a company registered at Guernsey, UK.
Characteristics of investment
The Koidu Holdings investment in the neighboorhood of the city of Koidu, Sierra Leone has had a very profound impact on the city of Koidu. The Koidu open pit diamond mine is located directly adjacent to the city. From time to time explosives are used in the mine which causes clearly noticeable tremblings (small earthquakes) and rock debris being blown away.
Investment: Koidu Holdings- Sierra Leone | |
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Investor: | Koidu Holdings |
Country of origin: | Guernsey (UK) |
Minerals | Diamonds |
Purpose | Diamond Mining |
Acreage (on map) | 417 ha |
Benefits for local communities | |
none | |
Disadvantages for local communities | |
Access to land is limited | |
Blasts trigger small earthquakes and spread rock debris | |
Affected communities | |
Koidu city |