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Israel

Beny Steinmetz

Date of Birth: 2/04/1956
Place of Birth: Netanya, Israel


Displaying 11-20 out of 63 results.

Africa probes the Panama connection

It will cover transactions between the biggest diamond mine Koidu Holdings which is owned by Octéa Group a subsidiary of the Guernsey-based Beny Steinmetz Group Resources (BSGR) and Standard Chartered Bank and Tiffany Diamonds (AC Vol 57 No 7 What price recovery...

Israeli billionaire Beny Steinmetz is an advisor to Octéa's parent company BSGR but insist he has no executive role in the business...

' Independently of the Mossack Fonseca leak AC has obtained other documents that suggest there is a wide discrepancy between the price per carat of diamonds valued in Sierra Leone (at the central bank in Freetown) and the price per carat when they are sold on through a chain of companies owned directly or indirectly by companies whose owners are related to Beny Steinmetz...

Leaked emails referred to in the Panama Papers investigation reveal that Beny Steinmetz retained power of attorney in Diacor International until it was revoked in June 2015...

Penford (Israel) is part of Diacor International the Steinmetz company which works with De Beers and Sotheby's and for which in 2015 Beny Steinmetz retrospectively gave up power of attorney backdating it to 2013...

a diamond sales and marketing agent founded by Patrick Saada who was previously chairman of Koidu Holdings director at Octéa Diamonds and is also Beny Steinmetz's brother-in-law...

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What price recovery?

Gem exports upAlso looking up are exports from Koidu diamond mine which has been the subject of intense wrangling between owner Octéa Limited a debt-laden subsidiary of Beny Steinmetz Group Resources (BSGR) and the government over fears for the mine's longer-term future (AC Vol 56 No 24 Stalemate over Koidu diamonds as economy sinks)...


Stop-go Simandou

The sale of Simandou's two southern blocks stripped from Vale-Beny Steinmetz Group (VBG) was launched in 2014 but failed to materialise into solid bids as the Ebola epidemic paralysed the country and both established and potential foreign investors left en masse...

VBG is the joint venture company set up by Beny Steinmetz and Brazilian mining major Vale in 2014 after a Guinean government investigation found that Steinmetz had acquired the concession by illegal means (AC Vol 56 No 5 A dream deferred)...


Koidu's future in the balance

A ten-strong team led by Mines Minister Minkailu Mansaray is in London for crisis talks set for 16 November on the future of the Koidu diamond mine which is currently owned by Octéa Limited a debt-laden subsidiary of the Israeli billionaire Beny Steinmetz's BSG Resources (BSGR)...


Condé consolidates as opposition regroups

For Beny Steinmetz's mining operations the Condé victory is extremely bad news given the level of personal antipathy between the two men (AC Vol 56 No 20 Condé's shadowy foes)...


Condé's shadowy foes

Such is the known hostility to Condé's government of Israeli billionaire Beny Steinmetz that observers have wondered if he was involved...

His company Beny Steinmetz Group Resources lost its licence to develop part of the giant Simandou iron-ore reserve in April 2014 after the government determined it had originally been acquired corruptly (AC Vol 56 No 17 Swiss probe in Conakry)...

'There are no connections between the NGO which writes Shades of Condé and Beny Steinmetz albeit the topic is very much applicable to the BSGR story' BSGR told AC...


Frank’s fickle fortunes

Seemingly unscarred by the Regal fiasco Timis followed in the footsteps of Israeli diamond billionaire Beny Steinmetz who had invested in one of his earlier European mining ventures Gabriel Resources in Timis's native Romania...


Swiss probe in Conakry

That's when Israeli diamond magnate Beny Steinmetz won the rights to mine half of the Simandou project believed to be the world's largest untapped reserve of iron ore (AC Vol 56 No 5 A dream deferred)...

These enquiries are the first public signal for months that the international investigation into Steinmetz and his firm Beny Steinmetz Group Resources (BSGR) the mining arm of his business empire is still alive and kicking...


The Sampil truth

The Vale-Beny Steinmetz Group Resources-Guinea joint venture company VBG had a licence to export iron ore from its Zogota mine through Liberia...


Displaying 11-20 out of 63 results.