Menu Click here
website logo
Sign In| Sign Up
back back
Diamond trading
Search for Diamonds Manage Listings IDEX Onsite
diamond prices
Real Time Prices Diamond Index Price Report
news & research
Newsroom IDEX Research Memo Search News & Archives RSS Feeds
back back
Diamond trading
Search for Diamonds Manage Listings IDEX Onsite
diamond prices
Real Time Prices Diamond Index Price Report
news & research
Newsroom IDEX Research Memo Search News & Archives RSS Feeds
back back
MY IDEX
My Bids & Asks My Purchases My Sales Manage Listings IDEX Onsite Company Information Branches Information Personal Information
Logout
Newsroom Full Article

Guinea Authorizes Formation of Diamond and Gold Bourse

June 14, 16 by David Brummer

(IDEX Online News) – The government of Guinea has launched a joint venture with two Canadian-based companies to incorporate the Diamond and Gold Bourse of Guinea Group (DGBG).

 

Guinean Ambassador to Canada Saramady Touré announced that Guinean president Prof Alpha Conde recently signed a government decree, establishing the DGBG.

 

The incorporation of DGBG is a joint effort including her Royal Highness, daughter of King Saud, two Canadians, I. E. Lakkis from Investissement Royal KSA Inc. of Montreal QC, and Mike Botha, CEO of Embee Diamond Technologies Inc. – the company responsible for cutting the “Esperanza” diamond – the most valuable diamond ever recovered in the USA.

 

Lakkis is the CEO of the DGBG, having previously been appointed representative for Guinea in the Kingdom of Saudi Arabia for the pursuit of investment opportunities for investors from Saudi Arabia and other Gulf countries.

 

The DGBG will offer membership to diamantaires who are audited members of industry standards and certification organization, the Responsible Jewelry Council (RJC), and will subsequently apply for membership of the World Federation of Diamond Bourses (WFDB) once it becomes operational.

Diamond Index
Related Articles

Mike Botha’s Cutting of Arkansas Diamond Open to Public

September 01, 15 by Danielle Max

Read More...

Stellar Diamonds Recovers 55-Carat Diamond From Guinea Mine

January 25, 16 by David Brummer

Read More...

Signet Develops Responsible Sourcing Standards With Industry Support

March 03, 16 by David Brummer

Read More...

Newsletter

The Newsletter offers a quick summary of the past week's industry news and full articles.
Our Services About IDEX Privacy & Security Terms & Conditions Sign-Up Advertise on IDEX Industry Links Contact Us
IDEX on Facebook IDEX on LinkedIn IDEX on Twitter