GJ Town India

To build awareness within tech industries & among LGD growers   The LGD in TECH consortium’s scope and outreach is global and Ram Glick, a marketing veteran with international grown diamond experience, has now joined the team as Director of Media Engagement. LGD in TECH’s (Lab-Grown Diamond) goal is to build awareness within technology industries and among diamond growers about the tremendous power of grown diamond to improve the functionality and longevity of everything it touches.   Communicating its goal by exposing grown diamond companies and companies within different tech industries is what Ram will spearhead, beginning with the launch of online social media programs such as Think Grown Diamond educating and facilitate collaborative work between growers, users, researchers and development entities worldwide. Ram’s first connection with lab-grown diamond was when he joined LUSIX, a hi-tech company in Israel. LUSIX has successfully grown diamond for both jewelry and tec

MSDE held a send-off ceremony for WorldSkills India Team   The Ministry of Skill Development and Entrepreneurship (MSDE) organized a send-off ceremony for one of its largest contingents ever—the WorldSkills India Team, comprising 60 participants. These skilled individuals will compete across 61 categories against the best from over 70 countries in Lyon, France.   The international competition, set to take place from September 10-15, 2024, at Euroexpo Lyon, will see more than 1,400 competitors and over 1,300 experts. This grand event is expected to attract over 2.5 lakh participants.   Jayant Chaudhary, Minister of State (Independent Charge) for the Ministry of Skill Development and Entrepreneurship and Minister of State for the Ministry of Education, Govt of India extended his best wishes for success to the young Indian contingent during a send-off ceremony as they prepare to represent the nation at the biennial WorldSkills competition.   “At the last edition in 2022, we finished at th

Popular jewellery industry voices on September 8, 2024   CIBJO’s popular Jewellery Industry Voices webinar and seminar series will continue at the Vicenzaoro show in Vicenza, Italy, with four hybrid seminars – in person at the Palladio Theatre at the Fiera di Vicenza exposition centre, and simultaneously live streamed. They will take place on Sunday, September 8, 2024.    The event is being hosted by the Vicenzaoro organizer, the Italian Exhibition Group (IEG), and is part of a joint CSR and sustainability educational programme for the jewellery industry, presented by CIBJO and IEG, which has been recognized by the Economic and Social Council (ECOSOC) of the United Nations.   The programme is as follows: Seminar 1: Perspectives on the use of recycled gold! Organized in cooperation with the World Gold Council, the seminar will consider the increasingly scrutinized topic of recycled gold, which is gaining in prominence because of increasing consumer and regulatory demand for

Needed readiness next phase of G7 diamond import   With the expansion of G7 import restrictions on Russian diamonds on 1 September, De Beers Group is fully prepared to meet the requirements that now extend to diamonds of 0.5 carats and above.    De Beers’ proprietary Best Practice Principles and Pipeline Integrity standards have long provided assurance on the provenance of its diamonds. With these programmes, De Beers’ rough diamond customers will continue to be able to provide evidence of diamond provenance as the size threshold included in the G7 import restrictions reduces from 1 carat to 0.5 carats.  De Beers welcomes the moves that the G7 has made to work with industry and diamond producing countries, with an extension of the sunrise period, a focus on the end goal of traceability and the implementation of a practical approach for ‘grandfathered’ diamonds purchased before the introduction of restrictions on Russian supply.    De Beers is committed to diamond traceability,

The Most Promising Playback Singer for the song!   Poonam Jha, who recently made everyone sing to her tunes of Nashe Mein High has recently been honored with the International Quality Award 2024 by Brand's Impact as the Most Promising Playback Singer for the song. The prestigious award was presented to her by the celebrated actress Rakuul Preet Singh, marking a significant milestone in Poonam's burgeoning career. Nashe Mein High, vibrant Hindi-Spanish party anthem that has  been making waves since its launch on July 26, 2024, by Zee Music Co. The song’s energetic mix and catchy beats have driven it to the top of social media trends, further demonstrating Poonam's versatility and innovation as an artist. With a repertoire of over 2,000 Hindi and English mixed tracks on various singing apps, her talent continues to shine brightly.    In addition to her musical accomplishments, Poonam Jha is a successful entrepreneur with notable achievements in the jewelry industry. She

The G7 restrictions were later relaxed. Until September 1, 2025   Russia has maintained its presence in the Indian diamond market and even increased supplies by more than 22% despite the anti-Russian sanctions imposed by the West, according to the data from the Indian Ministry of Commerce and Industry. According to the Ministry, from January to June this year, imports of Russian diamonds increased by 22.23% compared to the same period last year. The Ministry noted that revenues from diamond shipments to India fell by 15.22% over the same period - from $613.72 mln to $520.33 mln.    After the start of Russia's special military operation, the G7 countries announced the introduction of restrictions on the import of jewelry diamonds from Russia from January 1, 2024. The limit for Russian diamonds was set at 1 carat and over from March 1 and was expected to be lowered to 0.5 (1 carat - 0.2 g) from September 1, 2024.    The restrictions were later relaxed. Until September 1, 2025, sh

  The tenth greater than 100 carat diamond recovered in 2024 Gem Diamonds announce the recovery of a 129.71ct Type II. White Diamond recovered at the Letšeng mine in Lesotho on late August 2024. This is the tenth greater than 100 carat diamond recovered in 2024. The Letšeng mine is located in the Maluti Mountains of Lesotho and is renowned for its recovery of large, high quality, exceptional Type II diamonds. Among these diamonds recovered are the 910 carat  Lesotho Legend, the 603 carat Lesotho Promise, the 550 carat Letšeng Star and the 493 carat Letšeng Legacy.  The Group owns the Letšeng diamond mine in Lesotho and the Ghaghoo mine in Botswana, with Head Offices in the United Kingdom and Sales and Marketing capabilities in Belgium and Innovation Solutions in Cyprus. Gem Diamonds continues to invest in its sales, marketing and diamond analysis operations to pursue ways of maximising revenue through a combination of marketing channels, including tenders, strategic partnerships and e