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Guinea Greenlights Diamond Bourse
Jun 15, 2016 9:13 AM
By Rapaport News
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RAPAPORT... Guinea approved the opening of a diamond and gold exchange,
a joint initiative with two Canadian companies.
The Diamond and Gold Bourse of Guinea Group
(DGBG) will apply for membership of the World Federation of Diamond Bourses after
it becomes operational. Membership of the DGBG will be open to diamantaires who
are audited members of the Responsible Jewelry Council.
The incorporation of the DGBG is a joint initiative of her
Royal Highness, daughter of King Saud; I. E. Lakkis of Montreal’s
Investissement Royal KSA, who will be the first chief executive officer of the
DGBG; and Mike Botha, CEO of Embee Diamond Technologies based in Prince Albert,
Saskatchewan. Botha cut the ‘Esperanza’ diamond, the “most valuable diamond
discovered to date in the U.S.,” Embee said.
Guinea’s government ratified the setting up of the DGBG May
26.
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Tags:
DGBG, Diamond and Gold Bourse of Guinea Group, Guinea, Guinea diamond bourse, Rapaport News
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