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Research ArticleArticle

The Opportunity for Loss is Fully Appreciated, But

Theft and Conflicting Policy in the Making of the Gold Coast’s Diamond-Mining Industry, 1919–1950s

E. Sasu Kwame Sewordor
African Economic History, May 2023, 51 (1) 93-120; DOI: https://doi.org/10.3368/aeh.51.1.93
E. Sasu Kwame Sewordor
E. Sasu Kwame Sewordor (esk.sewordor{at}gmail.com, ORCID iD: 0000-0003-1790-3356) teaches African History at the University of Basel, Switzerland. He has published in African Economic History, the Canadian Journal of African Studies, Journal of West African History, and Journal of the Society of Architectural Historians.
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Article Figures & Data

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  • Figure 1.
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    Figure 1.

    “Diamond occurrences in the Gold Coast.”

    Source: PRAAD, Accra.

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    Figure 2.

    Agreement with S. F. Dare, 1950.

    Source: PRAAD, Kumase.

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    Figure 3.

    Agreement with Alabila Dandi, 1951.

    Source: PRAAD, Kumase.

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    Figure 4.

    Agreement with Sanusi Lagos, 1951.

    Source: PRAAD, Kumase.

  • Figure 5.
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    Figure 5.

    A color-coded map showing diamond mining fields respectively worked, being worked, or to be worked by Africans and European enterprises in the Birim-Pra area, 1949.

    Source: PRAAD, Kumase.

Tables

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    Table 1.

    Statistics of Diamond Prospecting Licenses, Carats Exported, and Their Respective Value, 1939–1951

    YearProspecting Licences IssuedCarats (Exported)Value (£)
    AllTo AfricansTotalAfrican WonTotalAfrican Won
    1939–40  92  54  833,720  36,116  378,488  18,287
    1940–411501241,004,219  38,966  604,967  25,851
    1941–42132111  291,647  51,448  393,422  31,853
    1942–43113  971,025,637  46,987  598,537  29,777
    1943–441191061,458,891  84,113  794,468  54,860
    1944–45100  861,042,569  33,800  595,824  24,791
    1945–46111  95  773,222  68,250  459,088  50,606
    1946–47162  99  753,088  35,956  624,718  39,274
    1947–48177140  765,399  87,808  823,008106,542
    1948–49255239  972,976197,7261,152,010264,939
    1949–50N/AN/A  978,384451,0261,570,523762,122
    1950–51N/AN/A  935,627386,8962,071,149916,108
    • Source: Compiled with data from PRAAD, Kumase and Balme Library, University of Ghana.

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African Economic History: 51 (1)
African Economic History
Vol. 51, Issue 1
1 May 2023
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The Opportunity for Loss is Fully Appreciated, But
E. Sasu Kwame Sewordor
African Economic History May 2023, 51 (1) 93-120; DOI: 10.3368/aeh.51.1.93

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The Opportunity for Loss is Fully Appreciated, But
E. Sasu Kwame Sewordor
African Economic History May 2023, 51 (1) 93-120; DOI: 10.3368/aeh.51.1.93
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Jump to section

  • Article
    • Abstract
    • Introduction
    • The Birim-Pra and Bonsa Diamondiferous Areas
    • Diamond Mining in the Gold Coast—A Local Enterprise within Global Marketing and Financial Economies
    • Interrogating a Company’s Complaints against African Diamond Diggers, Colonial Response, and the Immediate Aftermath
    • Conclusion
    • Acknowledgement
    • Footnotes
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Keywords

  • The Gold Coast
  • Africans
  • diamond
  • mining
  • Loveridge committee
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