Pursuits
Was Billionaire Steinmetz Betrayed by CEO Over Diamond Mine?
- Steinmetz's Koidu diamond mine supplies stones to Tiffany
- Coach chairman and actor Jeffrey Wright wanted to buy mine
A diamond prospector filters earth from a river in Koidu, Sierra Leone.
Photographer: Issouf Sanogo/AFP/Getty ImagesThis article is for subscribers only.
The prize is a chunk of African earth that yields some of the most valuable diamonds on the planet for premium jeweler Tiffany & Co.
The fight for the Koidu mine in Sierra Leone pits embattled Israeli billionaire Beny Steinmetz and his BSG Resources Ltd. against a government struggling to revive an economy crippled by the global commodities slump and Ebola’s deadliest outbreak ever.