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TRUSTCO’S MEYA MINING INVESTMENT CONFIRMS $763 MILLION DIAMOND RESOURCE

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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

The post TRUSTCO’S MEYA MINING INVESTMENT CONFIRMS $763 MILLION DIAMOND RESOURCE appeared first on King NewsWire. It is provided by a third-party content provider. King Newswire makes no warranties or representations in connection with it.

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Dr. Joseph Upton Begins New Chapter at LevyAesthetics in Bellevue

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Washington, US, 1st August 2025, ZEX PR WIRE, Dr. Joseph W. Upton III, M.D., a nationally recognized expert in personalized medicine, hormone optimization, and anti-aging care, is now seeing patients at LevyAesthetics in Bellevue, Washington. LevyAesthetics is a premier aesthetic and wellness clinic founded by Dr. Daniel Levy, specializing in facial aesthetics, cosmetic procedures, and skin therapies. With the addition of Dr. Upton, the clinic continues its mission to help patients both look and feel their best, through cutting-edge care rooted in both science and personalization.

Patients can schedule appointments starting in August at:
LevyAesthetics
10047 Main St. Suite 101
Bellevue, WA 98004
(425) 969-7546
levyaesthetics.com

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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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Web3 AI Pioneer Tearline in Action: Delivering Real Agent-Based Execution at Scale

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British Virgin Islands, BVI, 1st August 2025, ZEX PR WIRE, As demand for real on-chain automation surges, Tearline is already delivering. Its modular agent infrastructure is not theoretical, it’s powering thousands of production-level tasks across both major web2 and web3 ecosystems. From complex DeFi flows to high-frequency user campaigns, Tearline’s full-chain AI stack enables scalable and reliable execution across chains and interfaces.

From Task to Task: A Unified Engine for Web3 Complexity

Tearline agents currently support over 80 distinct task types, encompassing a wide range of on-chain activities. These include DeFi primitives such as swaps, bridges, and staking; NFT-related flows, including minting and claims; DID operations, like domain registration; and a growing number of governing tasks on blockchains.

At the heart of this execution system is a tightly coordinated agent pipeline that translates user intent into on-chain outcomes. It can start with ChatPilot, which parses natural language commands into structured tasks. These are executed by FlowAgent, which handles planning, validation, and coordination across chains. For tasks requiring front-end interaction, Ghostdriver automates browser actions in real-time. The integrated pipeline turns Tearline into a full-service execution layer—bridging user intent and protocol logic with speed, precision, and auditability.

Once a task has been set up, it flows through Tearline’s modular DAG-based system that ensures predictable execution, runtime traceability, and intelligent error handling. Whether it’s minting via a dApp front-end or bridging through a contract-level interaction, it applies the same structured logic—bringing deterministic automation to even the most variable on-chain environments.

Scaling Ecosystem Impact Through Strategic Partner Integration

Tearline has established itself as a proven execution backbone for critical, user-centric operations, achieved through deep collaboration with market-defining Web3 protocols. In recent partnerships, its infrastructure has been instrumental in powering high-stakes airdrop distributions by seamlessly orchestrating eligibility verification, social graph analysis, and mass claims processing for its partners’ communities. This capability transforms a complex logistical challenge into a frictionless user acquisition event, delivered through a single, intuitive touchpoint.

The scope of these collaborations extends far beyond event-driven campaigns. Working with a diverse set of ecosystem players, Tearline’s technology is integral to their sustained protocol health and user retention. Its agents are deployed to drive sophisticated cross-chain liquidity routing, manage dynamic community loyalty systems, and automate complex staking and reward mechanisms on behalf of its partners. By abstracting away these multi-step operational burdens, the platform empowers its partners to dramatically lower the entry threshold. This collaborative approach not only optimizes the core user journey but also unlocks novel paradigms for community engagement and accelerated protocol growth.

Transforming the User Experience: A Leap in Efficiency and Simplicity

Tearline’s agent-assisted workflows deliver a significant improvement over manual processes. Benchmark data reveals a performance gain: tasks are completed up to 65% faster while reducing error rates by over 80% when compared to traditional, manual interactions with dApps and wallets.  

This efficiency extends to user accessibility. New users are no longer required to navigate a complex web of disparate interfaces. Instead, they can directly call for actions through a single point of delegation. This streamlined process radically simplifies the process of joining some L2s with complex concepts behind, enabling them to be recognized and used by a wider user base.

Quantifying the Impact: Tangible Value in the Real World

Tearline’s market adoption is demonstrated by its operational scale. To date, the platform has successfully processed over 1 million on-chain tasks, representing a cumulative Total Task Value (TTV) of more than $20 million. These figures reflect live, production-level executions on public blockchains, involving real user capital and gas expenditures, underscoring the system’s reliability and market trust.

As emerging verticals such as restaking, decentralized social identity, and AI-native gaming continue to gain traction, the need for intelligent, agent-based automation is transitioning from a specialized tool to an indispensable layer of the core infrastructure. Tearline is strategically positioned at the forefront of this trend, providing the critical execution engine that will power the next generation of on-chain applications.

About Tearline  

Tearline is a full-chain AI agent platform that transforms user intentions into seamless on-chain execution. Through advanced multi-agent coordination, composable workflows, and an evolving incentive economy, Tearline enables the next generation of autonomous, intelligent, and reliable Web3 infrastructure. Its growing product suite includes:

  • Chatpilot – An intent-centric AI chatbot deployed on BNB Chain, Sui and TON, streamlining user onboarding and on-chain actions via natural language.
  • GhostDriver – An execution-focused agent that automates web-based tasks across both Web2 and Web3 environments.
  • FlowAgent – A newly launched task orchestrator enabling multi-agent coordination and smart contract execution.

Website: tearline.io

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Press Release

Franklin Morgan & Associates Successfully Represented in DIAC Arbitration for $113M Award

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New York, NY, 1st August 2025, Franklin Morgan & Associates is proud to announce that in a recent ruling, the Dubai International Arbitration Centre (DIAC) has awarded the firm $113 million in a cross-border commercial dispute. The case created a big stir in the legal community not only because of the scope of the dispute, but also for how it positioned Dubai to the world as a high-value destination for international arbitration.

The arbitration was led by Dr. Shaun Gregory Morgan, a professional with expertise in both legal and financial sectors and decades of experience across various jurisdictions. Although all information about the case and the tribunal decision are protected under DIAC protocol, insiders have confirmed that multiple regulatory and legal frameworks were involved in the case. The process was long and exhaustive, and the tribunal only reached its conclusion after extended arguments from both parties discussing complex matters such as contract enforcement, commercial liabilities, and cross-jurisdictional compliance.

Why is this arbitration such a big deal?

To understand the importance of this ruling, we first need to understand the stature of the institution offering it. The Dubai International Arbitration Centre, aka DIAC, was established in 1994 for resolving complex conflicts in the commercial space, mainly in the Middle East and broader international markets. Backed by the Dubai government, it is trusted by a major section of multinational corporations, governments, and global investors for neutral, efficient, and enforceable arbitration services. Cases that land at DIAC are often complex, cross-jurisdictional, and high-stakes; both financially and reputation-wise.

So, when the DIAC tribunal presents an award of $113 million for a high-profile case, along with the legal victory, it also signifies an appreciation for the intelligence of strategy, integrity of case-handling, and the ability to manage complex disputes. Indeed, most arbitration decisions stay private, but when large sums are involved, they can highlight wider trends in how international disputes are being handled. Legal experts say the size of the award and the proficiency of the process for the case in question could influence how future cross-border disputes are managed in the Gulf region.

Details of the Case

Although DIAC has overseen several sizable settlements in the past, this particular ruling is amongst the largest in its history, capturing the attention of many. There were extensive contractual arrangements involved in the dispute that the legal team had to go through a number of different regulatory channels to get interpreted. The specifics of the dispute have not been publicly disclosed, in line with DIAC’s confidentiality standards. Nevertheless, insider sources have confirmed that it involved multiple claims from several parties, financial transactions across different legal systems across borders, and complicated contracts that required long and detailed arbitration proceedings. The $113 million award reportedly took months of reviewing evidence and back-and-forth legal arguments in front of a panel.

“This was no easy contract dispute. For the regulatory issues alone, it crossed three jurisdictions. We needed to go deep into financial instrumentations and their treatment under international commercial law just to scratch the surface of the matter”, said Dr. Shaun Gregory Morgan, the lead representative for the case. He added that the biggest challenge was aligning the contractual requirements with different local rules and compliance standards.

It is to be noted however that Dr. Morgan and his team’s ability to combine financial expertise with regulatory insight played a key role in shaping the case’s outcome. This also points out how disputes are becoming more interdisciplinary now and, therefore, so are the requirements for their resolutions.

DIAC’s Growing Role in Global Arbitration

Once viewed primarily as a regional forum, the Dubai International Arbitration Centre has increasingly been operating at a much more intercontinental level. The shift is evident not only in terms of the cross-border disputes it administers, but also in the evolving legal frameworks it applies. With ongoing reforms, updated procedural rules, and growing participation from international counsel, DIAC appears to be moving toward a much greater global relevance.

In addition, this $113 million case resolved in the forum now also serves as a benchmark to illustrate the neutrality of the DIAC platform and its enforceability for resolving high-stakes commercial disputes. It is already prompting many businesses, particularly those in Asia, Africa, and the Gulf, to reassess their approach to international contracts. Experts believe that the ruling will influence the structure of all future contracts, especially for companies operating across the region.

The case’s sheer scale, multifaceted nature, and the sizable award have turned it into a huge topic of discussion among all arbitration forums and legal think tanks. So far, no appeals or follow-up proceedings have been reported to be filed. Till now, the award stands uncontested as well. However, legal professionals, investors, and arbitration bodies worldwide are keeping a close watch on the award details and how it may influence subsequent enforcement actions and contract standards across sectors.

 

Media Details

Name- Franklin Morgan Law P.A

Email- law@franklinmorganlaw.com

Phone-  +1-212 202 8535

Website- franklinmorganlaw.com

Address- Level 27, 152 West 57th Street, New York NY 10021

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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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