President of the World Jewelery Confederation CIBJO Gaetano Cavalieri (Gaetano Cavalieri), speaking at the 15th Paris meeting gemologists, criticized the opinion of American actor Leonardo DiCaprio.
As CIBJO said in his speech Cavalieri referred to the producer of synthetic diamonds from the United States, which is posted on its website a statement Leonardo Di Kaprio, who argues that buying an artificial diamond, the consumer contributes to "a reduction of human and environmental losses from the diamond industry, providing a sustainable cultivation of diamonds, without resorting to destructive their production. "
"Today it is the statement of Mr. DiCaprio loss of human life in the extraction of diamonds in itself is problematic. In the end, if the only way we can protect the people in Africa and elsewhere from the effects of mining, completely cutting them from the diamond mining business, it really sad state of affairs ", - said Cavalieri.
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Paragon Diamonds, whose shares are traded on AIM, temporarily suspended trading its shares until its current financial position was clarified.
The company's top management is currently negotiating with potential investors to obtain a loan to purchase the Mothae mine and to develop the Lemphane mine in Lesotho, as well as to pay short-term loans, one of which, amounting to £ 500,000 November 18, 2015.
In a statement, Paragon said that the company currently has limited working capital and financing. Until it succeeds in obtaining additional funds, there is uncertainty about the company's financial position.
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