GJ Town India

  Assurance of authenticity & ownership with collaborating IGI    International Gemological Institute (IGI), in partnership with GET Diamonds and YourProof.id, announced the global launch of its Digital Diamond Certificate (DDC) — a blockchain-powered upgrade to the traditional paper grading report.    Starting today, IGI clients worldwide can request the digital certificate with any Natural Diamond Grading Certificate or Audit Report and can also digitise existing certificates. Following the launch, customers worldwide can now request the blockchain certificate during diamond submissions or through IGI’s sales team.    DDC uses Ethereum blockchain-compliant smart contracts to securely bind a digital record to each physical diamond, making grading reports immutable and tamper-proof. Each certificate stores a diamond’s quality, provenance, and ownership history — offering retailers and consumers lasting confidence in their purchases. Le...

  Under Long Term Incentive Plan and PDMR   Shareholders are advised that the Company has awarded a total of 48,853,247 performance shares in the form of nominal cost options (Performance Shares) under the Gemfields Group Limited Long Term Incentive Plan 2023 (LTIP) to two Executive Directors and a number of senior employees including persons discharging managerial responsibilities (PDMRs). The Performance Shares equate to 2.83% of the issued share capital in aggregate.    The vesting of the Performance Shares is conditional on meeting performance conditions measured over a three-year period as described below. If the performance conditions are met, the awards will vest on the third anniversary of grant and are subject to a two-year post-vesting holding period and to conventional malus and clawback provisions.    The LTIP was approved by shareholders at the Company’s AGM on 27 June 2023. Prior to today’s award, 11,823,851 performance shares, als...

  To Power Skills, Innovation & Industry Growth   Refer Update 1: https://gjtownindia.blogspot.com/2025/09/empowering-future-of-jewellery-design.html     Update 2: The Indian Institute of Gems & Jewellery (IIGJ), Mumbai, took a significant leap forward in its journey of growth with the inauguration of its newly modernised, state-of-the-art campus. The launch marks a new chapter for the institute, reinforcing its role as a centre of excellence in gems and jewellery education, skill development, and innovation.   The ceremony was graced by Chief Guest Kirit Bhansali, Chairman of GJEPC India, along with Guests of Honour Dilipbhai V. Lakhi, Chairman of Lakhi Group, and Raj Hitendra Parikh, Managing Director of Uni-Design Jewellery. Also, present were Adil Kotwal, President of SEEPZ GJMA; Sanjay Kothari, Founding Board Member of IIGJ Mumbai; and Shri Sabyasachi Ray, Executive Director of GJEPC.    The event was chaired by Milan Chok...

  U.S. tariffs continue to strain India’s gem & jewellery sector   Refer Update1: https://gjtownindia.blogspot.com/2025/09/gjepc-leadership-meets-fm-to-seek-relief.html     Update 2: The Gem & Jewellery Export Promotion Council (GJEPC) leadership, led by Chairman Kirit Bhansali, along with Vice Chairman Shaunak Parikh and Executive Director Sabyasachi Ray, met the Hon’ble Minister of Finance and Corporate Affairs Nirmala Sitharaman today to seek urgent relief measures for the gem and jewellery sector, which has been severely impacted by the recent 50% tariff imposed by the United States.    Speaking after the meeting, Bhansali said, "We are pleased that India–U.S. trade discussions have resumed, which is encouraging news. However, the process may take time, and until a resolution is achieved, it is essential to introduce relief measures to help the sector survive and sustain employment.    We have requested allowing SEZ un...

  The latest Tuttitutti-the toast of Paris Fashion Week    Tuttitutti, the latest addition to the Cartier Libre collection, is both bold and surprising. With a single twist, the spirit of things shifts and astonishes. Beauty is viewed with the lightness of a sidestep: a ring flows freely like locks of hair and a watch creates bubbles with time, while a shower of golden marbles bursts into the air like laughter.  In the setting of Le Bristol hotel, the Maison celebrated Paris Fashion Week with the launch of a new Cartier Libre opus : Tuttitutti. Joined by Friends of the Maison, including Virginie Efira, Lou Doillon, Noémie Merlant, Raphaël Quenard, Katerina Jebb, Maggie Maure, Charlotte Cardin and Constance Jablonski, the evening was co-hosted by Purple Magazine.    The limited-edition Tuttitutti collection is both bold and surprising, the result of creative explorations born of an insatiable and powerful curiosity. A creative, cultured mix, for those wh...

  launches Bachelor of Design in Jewellery Design   The Indian Institute of Gems & Jewellery (IIGJ Delhi), with a proud legacy of 39 years in gems and jewellery education, has opened a new chapter with the accreditation of its Delhi institute by the Delhi Skill and Entrepreneurship University (DSEU). This recognition marks a milestone for IIGJ as it strengthens its academic standing while continuing to deliver industry-relevant learning.   IIGJ Delhi has steadily evolved into a hub for advanced training in jewellery design and manufacturing. Over the years, the campus has offered a wide range of diploma and certificate programmes in fields such as jewellery design, gem studies, CAD, and manufacturing, equipping students with the technical knowledge and confidence to step into professional roles.  The newly introduced Bachelor of Design (B. Des) in Jewellery Design is a comprehensive four-year programme that combines academic rigour with practical training...

  Around 90% of Angolan diamonds are now traceable   In the City of Dundo, by the Director of Studies and Projects of Endiama EP, Ady Van-Dúnem, on the sidelines of the second day of the 2025 Semi annual Diamond Balance, which takes place at the Lueji A'nkonde University Campus.   According to Van-Dúnem, this is a key innovation, as consumers demand more information about the positive impact on communities, as well as the origin of the diamonds they purchase. Therefore, the implementation of traceability processes in the national diamond subsector has allowed for greater openness and transparency in the Angolan diamond industry. For the person in charge, the focus on innovation has as its central objectives the leveraging of productivity levels and the reduction of operating costs, the latter of capital importance, in a context such as the current one, in which prices are slowing down.    Ady Van-Dúnem also highlighted Sociedade Mineira do Luele's invest...

  Sociedade Mineira do Luele expects production of over 6 mn Cts   The target for the year 2025 was announced in Lunda-Norte, by Rómulo Mucase, President of the Board of Directors of Sociedade Mineira do Luele [SML]. According to the manager, who was speaking to the press during the Half-Yearly Diamond Production Review, this is a commitment made for the current year, in order to meet the goals established by the National Development Plan. So far, Mucase said, the production program of the company he manages has reached an execution level of around 88%, having highlighted that during the second half of the year, measures were implemented to overcome constraints encountered in the first six months of the year.    Referring to investments, for November of this year, the CEO of SM Luele said at the time, the second ore treatment line has been confirmed, which will allow the treatment of one thousand tons per hour, surpassing the current capacity of five hundred tons...

  Forms State-Level Dakshata Committee for Jewellers’ Security   The All India Gem & Jewellery Domestic Council (GJC), the apex body representing over 600,000 jewellers across India, heartily welcomes the Maharashtra Government’s historic step of establishing a state-level; Dakshata Committee-(Vigilance Committee), to ensure the safety and security of jewellers.    For a long time, jewellers have faced harassment during investigations of theft and robbery cases involving gold and silver. In some unfortunate incidents, jewellers even lost their lives during the process. Taking cognizance of these grave concerns, on March 14, 2024, the Government of Maharashtra issued a circular under the Home Department, clearly instructing police officers regarding investigations under BNS 317 (formerly Section 411 IPC). The circular also recommended the establishment of a special Dakshata Committee.    This Vigilance Committee has been constituted by the St...