HE Saramady Touré, the Ambassador of the Republic of Guinea to Canada, yesterday announced the signing of a government decree by President Professor Alpha Conde, President of the Republic of Guinea for the establishment of the Diamond and Gold Bourse of Guinea Group (DGBG).

The Guinea Embassy under the leadership of Ambassador Touré was instrumental to have the Government of Guinea ratify the creation of the DGBG on May 26th, a press release stated.

“The incorporation of DGBG is a joint effort including her Royal Highness, daughter of King Saud, two Canadians, Mr. I. E. Lakkis from Investissement Royal KSA Inc. of Montreal QC, and Mr. Mike Botha, CEO of Embee Diamond Technologies Inc. (Embee Diamonds) based in Prince Albert, SK, in collaboration with various Guinean governmental departments and other stakeholders,” the statement added.

The DGBG will be open to membership to diamantaires who are audited members of the Responsible Jewellery Council and will also  apply for membership of the World Federation of Diamond Bourses, once it becomes operational.

A personal representative of her Royal Highness, daughter of King Saud, Lakkis was appointed as representative for Guinea in the Kingdom of Saudi Arabia and facilitated the funding for the DGBG. He has been named as the CEO of the DGBG.

Lakkis and Ms. R. Omrane, principals of Investissement Royal are in the process of  raising investments for  Embee Diamonds.   

“Over the years, the family-owned Embee Diamonds has carved a niche for itself as a world-class diamond-cutting and polishing atelier,” said Lakkis. “Once obtained, such an investment will fund Embee Diamonds’ immediate and future expansion plans, and help honour their commitment to their customers and greatly increase the availability of their critically-acclaimed Sirius Star®…the world’s brightest diamond® range of diamonds – especially larger, exceptional stones.”

Botha, expressing delight with the new partnership said:  “With the funding through Investissement Royal KSA, we’ll finally be able to give our brand what it deserves in terms of an international footprint and a deep selection of inventory in all sizes, colours and clarities.”

 Pic Cap: (l-r) Mike Botha;  Ambassador S. Touré;  I.E. Lakkis;  and Ms. R. Omrane