Press Release
TRUSTCO’S MEYA MINING INVESTMENT CONFIRMS $763 MILLION DIAMOND RESOURCE
Windhoek, Namibia, 5 June 2024 – Trustco Group Holdings Limited (TTO.SJ) has announced that Meya Mining, in which Trustco’s mining portfolio holds a 19.5% interest, and is located within the eastern province of Sierra Leone, has released promising findings from a diamond resource estimate for the Meya River Kimberlite Dyke.
The report confirms the total kimberlite ore down to a depth of 800m below surface is 6.05 million tonnes. The assessed in-situ grade is 33 carats per hundred tonnes, translating to a total of 1.99 million carats contained within Meya River and an estimated value of USD 763 million (of which USD 104 million is in the indicated category and USD 659 million inferred), based on an average value of USD 382 per carat.

Quinton Z van Rooyen, Trustco’s Deputy CEO
Quinton Z van Rooyen, Trustco’s Deputy CEO, stated, “The findings from the Meya River Kimberlite Dyke are encouraging and validate our investment in Meya Mining. This resource estimate underscores the potential of the mine, and we are excited about the next steps in advancing this diamond resource.”
This assessment covers a 2.8 km strike length of the Meya River Dyke, which represents less than 5% of the total combined strike lengths of the kimberlite domains within Meya Mining’s licensed area. Five of the largest diamonds discovered globally have come from this area. Notably, in November 2017, the Meya Prosperity Diamond, the 29th largest diamond at the time, was unearthed at this site and subsequently sold for USD 16.5 million. Updates on ongoing drilling and exploration within the license area will be provided as additional resources are proven. The mine is expected to scale up commercial production within the current financial year.
The resource evaluation findings will form a pivotal part of an upcoming Preliminary Economic Assessment (PEA) report, providing a comprehensive economic analysis of the Meya River Dyke’s development potential. As of August 31, 2023, Trustco’s total investment in Meya Mining amounted to USD 116 million, representing 34.1% of Trustco’s total investment portfolio at that time.
The comprehensive report, conducted by Z Star Mineral Resource Consultants, and prepared by Principal Mineral Resource Analyst Sean Duggan, is available on the Trustco’s website at https://tinyurl.com/2twpv78v. Further updates will follow as the PEA report is finalized and additional information becomes available.
About Trustco:
Trustco Group Holdings Ltd is an investment entity headquartered in Windhoek, Namibia, which manages a diverse portfolio of investments spanning the insurance, real estate, commercial banking, micro-finance, education and mining sectors. Decisions are biased towards long-term investment performance and short-term hurdles are viewed as catalysts for future growth.
Historically, Trustco’s investment portfolio has delivered exceptional returns with a CAGR of 68.97% since 1992, with a well-balanced asset mix, with a current average weighting of 34% in US Dollar based assets, while the remaining 66% is invested in Namibia Dollar (1 NAD = 1 ZAR) based assets. Trustco enjoys the backing of a wide range of coinvestors, including 3 610 from Namibia, 1 443 from abroad, and 94 from institutional entities.
Media Contact
Organization: Trustco Group Holdings
Contact Person: Neville Basson
Website: https://www.tgh.na
Email: NevilleB@tgh.na
Contact Number: +264612754501
Address: 2 Keller Street, Trustco House
Address 2: Windhoek
City: Windhoek
State: Khomas
Country: Namibia
Release Id: 05062412879
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Press Release
PBOGA Cryptocurrency Exchange Launches Large-Scale Recruitment Plan, Adding Over 100 New Positions
Recently, the globally recognized cryptocurrency trading platform PBOGA officially announced a large-scale hiring initiative, with plans to recruit approximately 100 new employees. The recruitment effort spans multiple key sectors, including technology development, compliance auditing, risk management, marketing, and customer service, covering various levels of positions to support the rapid growth and business expansion of the platform. As the global cryptocurrency market continues to expand, PBOGA is actively scaling its team to enhance its technological competitiveness and service capabilities.
(PBOGA Cryptocurrency Exchange Launches Large-Scale Recruitment Plan, Adding Over 100 New Positions)
This recruitment plan reflects the fast-paced growth and business expansion strategy of the platform, particularly in technology development. PBOGA is increasing investment in blockchain development, smart contract construction, cross-chain asset management, and trading system optimization. Newly hired technical personnel will be directly integrated into the core technology team to address increasingly complex market demands, ensuring transaction stability and a continuously improving user experience.
(PBOGA Cryptocurrency Exchange Launches Large-Scale Recruitment Plan, Adding Over 100 New Positions)
Compliance and risk management remain critical aspects of platform operations. The newly recruited compliance auditors and risk management professionals will help PBOGA meet the increasingly stringent financial regulatory requirements across different jurisdictions. By expanding the scale and expertise of the compliance team, the platform aims to ensure that every transaction adheres to international regulatory standards, strengthening its overall risk control capabilities.
Marketing is another major focus of this recruitment effort. PBOGA seeks to hire professionals with an international perspective and cross-cultural communication skills to bolster its global branding and promotional efforts. The new marketing hires will focus on user acquisition, community engagement, and cross-regional brand communication strategies, ensuring that the PBOGA brand effectively establishes itself and gains widespread recognition in different markets.
(PBOGA Cryptocurrency Exchange Launches Large-Scale Recruitment Plan, Adding Over 100 New Positions)
The platform is also expanding its user support team. Additional customer service and technical support staff will provide 24/7, multilingual, and professional assistance to global users, addressing trading-related inquiries and enhancing overall user satisfaction.
This large-scale recruitment initiative highlights the steady growth of PBOGA within the cryptocurrency sector while signaling its continued commitment to investing in user service quality and technological innovation.
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Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.
Press Release
PBOGA Secures MSB License, Strengthening Global Cryptocurrency Compliance Efforts
On April 23, 2025, the cryptocurrency trading platform PBOGA officially obtained the Money Services Business (MSB) license issued by the Financial Crimes Enforcement Network (FinCEN) of the United States. The announcement of this milestone highlights the outstanding compliance management and reliability of PBOGA while laying a solid foundation for the future international expansion of the platform.
(PBOGA Secures MSB License, Strengthening Global Cryptocurrency Compliance Efforts)
Through this regulatory approval, PBOGA has demonstrated its robust financial supervision framework, stringent user asset protection mechanisms, and strong risk control measures. By adhering to strict compliance standards and a transparent fund management system, the platform effectively reduces transaction risks and uncertainties. Particularly in the current increasingly stringent global cryptocurrency regulatory environment, PBOGA has successfully earned the recognition and support of regulatory authorities by maintaining a clear and well-defined compliance framework.
With the MSB license now in place, PBOGA is well-positioned to expand its cross-border operations. Given the international recognition of the MSB license, the platform can now legally facilitate transactions involving users and capital flows from around the world, further increasing its trading volume and market reach. This certification also enhances the competitive edge of the platform in attracting institutional clients and professional investors, reinforcing its position in the market.
User security and fund protection have always been core operational principles for PBOGA. Following the acquisition of the MSB license, the platform will rigorously enforce Anti-Money Laundering (AML) and Know Your Customer (KYC) procedures. By continuously upgrading risk management technologies and enhancing account security measures, PBOGA effectively mitigates the risks associated with illicit fund flows, providing users with a safe and reliable environment for cryptocurrency investment and trading.
(PBOGA Secures MSB License, Strengthening Global Cryptocurrency Compliance Efforts)
Looking ahead, PBOGA will leverage the advantages of its compliance licensing to expand global business operations and establish stronger partnerships with financial institutions in various regions. The platform will also extend its compliance expertise across all business sectors, continuously addressing the evolving asset management needs of users while contributing to the long-term optimization and development of the global cryptocurrency trading ecosystem.
(PBOGA Secures MSB License, Strengthening Global Cryptocurrency Compliance Efforts)
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Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.
Press Release
PBOGA Secures Regulation D License, Accelerating Global Compliance Strategy
Recently, the global cryptocurrency trading platform PBOGA officially obtained the Regulation D license issued by the U.S. Securities and Exchange Commission (SEC). This milestone marks a significant breakthrough in the international compliance efforts of PBOGA, positioning the platform more favorably in the global cryptocurrency market.
( PBOGA Secures Regulation D License, Accelerating Global Compliance Strategy )
The acquisition of the Regulation D license is of great significance to the business development of the platform. This license not only signifies that PBOGA has met the stringent standards of U.S. regulatory authorities in fund management, risk control, and financial auditing, but also underscores the commitment of the platform to compliance and transparency. With this license, PBOGA can legally provide a wider range of investment products and services tailored to eligible professional investors and institutional clients. Users who choose PBOGA for investment and asset management will benefit from enhanced legal protections and a greater sense of confidence in their transactions.
( PBOGA Secures Regulation D License, Accelerating Global Compliance Strategy )
By continuously strengthening its compliance framework, PBOGA has enhanced both its brand reputation and market competitiveness. The platform had previously obtained the MSB (Money Services Business) license from FinCEN (Financial Crimes Enforcement Network), and with the addition of the Regulation D license, PBOGA further solidifies its compliance credentials on the international stage. As global regulatory requirements become increasingly stringent, The proactive approach of PBOGA to achieving high compliance standards showcases its strong risk management capabilities and its ability to swiftly adapt to evolving regulatory frameworks.
The compliance licensing also provides strong support for the global expansion strategy of PBOGA. Moving forward, the platform plans to accelerate its market growth in the United States and other key regions, leveraging strict regulatory compliance, transparent operations, and comprehensive user privacy protection measures to attract professional investors and premium business partners worldwide. The proprietary multi-chain technology, matching engine, and security protection systems of the platform will further demonstrate their technical superiority, enhancing competitiveness while serving a global user base.
The recognition granted by the Regulation D license will also facilitate deeper partnerships with international financial institutions. This licensing advantage allows PBOGA to attract stronger financial and institutional investors, fostering the development of its product ecosystem and delivering more innovative and specialized financial services to users worldwide.
The successful acquisition of the Regulation D license represents an important milestone in the global strategic expansion of PBOGA, reinforcing its commitment to compliance, security, and innovation as it continues its path toward sustainable growth in the cryptocurrency industry.
( PBOGA Secures Regulation D License, Accelerating Global Compliance Strategy )
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Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.
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