Transcontinental Gems and SJGG Launch $500 Million Joint Venture in Mining Exploration

KL CITY CENTRE, Malaysia - May 20, 2025 - PRLog -- Transcontinental Gems and SJGG Launch $500 Million Joint Venture for Gold Mining and Diamond beneficiation
Harare, Zimbabwe, May 6, 2025 – Transcontinental Gems is pleased to announce a landmark strategic joint venture with Samuel Jones Global Group (SJGG), marking a significant step forward in responsible mining, value addition, and international trading of precious minerals.

This ambitious partnership will initially focus on resource-rich regions across Africa and South America, leveraging Transcontinental Gems' global market intelligence and reach alongside SJGG's proven operational expertise. The joint venture is set to commence operations in Q3 2025, prioritizing responsible mining practices, environmental stewardship, and transparent supply chains.

In a major development for the project, SJGG is raising $500 million through a bond issuance to finance the venture's large-scale mining and beneficiation initiatives. This substantial capital raise underscores the partners' commitment to sustainable growth and long-term value creation in the precious minerals sector.

"This joint venture underscores our commitment to sustainability, innovation, and long-term value addition within the precious minerals sector," said a spokesperson for Transcontinental Gems. "We are proud to align with a partner that upholds the same ethical standards and visionary goals."

"At SJGG, we view this partnership as more than a commercial agreement-it's a shared mission," said a company representative. "Together with Transcontinental Gems, we aim to deliver excellence while fostering positive, lasting impacts in communities."

Key Highlights:

• $500 million bond financing led by SJGG to support mining and beneficiation projects
  
  
• Initial operations in Africa and South America, with expansion potential
  
  
• Commitment to responsible mining, environmental protection, and community engagement
  
  
• Focus on gold, diamonds, and other high-value minerals for global markets
  
  

https://www.slideshare.net/slideshow/sjgloballogo-uploaded-to-be-used-for-press-release/279387614


About Transcontinental Gems:
Transcontinental Gems (Private) Limited is a Zimbabwean-registered company specializing in diamonds, gold, and other valuable minerals. Its expertise spans mining, value addition, trading, and consultancy in precious gemstones, gold, and base metals.

About SJGG:
Samuel Jones Global Group (SJGG) is a diversified international company with a strong track record in mining operations and resource development. Active in key mining regions worldwide, SJGG combines industry expertise with a commitment to sustainable practices, driving responsible growth and long-term value across the precious metals and gemstones sector.

Media Contact:
Peccy Zenda
info@ (mailto:info@transcontinentalgems.net)transcontinentalgems.net
+263 773 048 049
transcontinentalgems.net (mailto:info@transcontinentalgems.net)
www.sjglobal.group
https://www.slideshare.net/slideshow/transcontinental_gems_sjgg_joint_venture_press_release-pdf/279386562 (http://www.sjglobal.group)