NEW YORK, NY–(Marketwire ) – Dolat Ventures Inc. (OTCBB: DOLV) announced today that the fastest growing economy will be Sierra Leone, projected to grow by 35.9% according to the yearly IMF World Economic Outlook Report published in April 2012. “According to the Gemological Institute of America, demand for colored diamonds has been unprecedented and The Rough Diamond Index has outperformed The Gold Index over the past 63 years, and the forecast for the next 5-8 years is even stronger Rough Diamond Growth,” said Dovid Hauck, President of Dolat Ventures.
Sierra Leone is a country at a crossroads. The country celebrates its 50th year, Sierra Leoneans are appropriately proud of their success with post-war reunification and reconstruction. Children are learning, infrastructure is expanding, and healthcare is improving. Sierra Leoneans hadn’t seen a functioning locomotive engine in 30 years until African Minerals (AMI) Ltd. rebuilt the rail network in November 2011, almost a decade after civil war ended.
Exports from African Minerals’ Tonkolili and London Mining Plc (LOND)’s Marampa mines are set to boost Sierra Leone’s economy by 51 percent this year, the fastest projected pace of any nation in the world, according to the International Monetary Fund.
Dolat’s Millenium Mining is located in the Sewa River, located in the heart of Sierra Leone, formed by the junction of the Bagbe and Bafi rivers; it flows 150 mi (240 km) to join the Waanje River and form the Kittam, which empties into the Atlantic Ocean. The country’s most important commercial river, it has historically produced the bulk of Sierra Leone’s diamond exports.
© 2012, Newstime Africa. All rights reserved. – The views expressed here are purely those of the author and not necessarily those of the publishers. – Newstime Africa content cannot be reproduced in any form – electronic or print – without prior consent of the Publishers. Copyright infringement will be pursued and perpetrators prosecuted.
12,907 total views, no views today