IBGM

What IBGM does

IBGM (Instituto Brasileiro de Gemas e Metais Preciosos), founded in 1977 and headquartered in São Paulo, is a private non-profit trade association that represents Brazil's full gems, jewelry, bijouterie, watches, and precious metals production chain. It serves three principal segments: manufacturing and commercial jewelry companies (members such as Ouro do Brasil, Vianna Brasil, Voxar Collection, Carla Amorim, ART'G), state-level industry associations (SINDIJOIAS-SP, AJORESP, AMAGOLD, ANORO, and 10+ others), and — increasingly — small and medium-scale gold mining companies engaged through the Ouro Sem Mercúrio (Mercury-Free Gold) project.

Its core assets are the Laboratório Gemológico Dr. Rui Ribeiro Franco (Brazil's best-equipped gemological laboratory), the Escola de Gemologia José Bonifácio de Andrada e Silva and its online course catalog (delivered via Hotmart), FENINJER (Latin America's largest jewelry trade fair) and its digital twin FENINJER Virtual, the Tecnogold innovation fair, and the Precious Brazil international promotion project co-run with ApexBrasil (now in its 14th cycle through April 2028). Technology includes a 100% customized virtual trade fair platform and an emerging AI mining-traceability capability via a partnership with Canadian startup Preemptor AI.

The revenue model blends subscription (annual membership dues from companies and class associations), transaction-based fees (FENINJER booth rentals, gemological laboratory analysis, photography, recruitment), and one-time course fees (e.g., R$297 standard / R$199 for members for 'Introdução à Gemologia'). The organization operates three offices (São Paulo HQ, Brasília for institutional representation, Cuiabá for mining initiatives) with a staff of 11-50, and is governed by a Board of Administration (presided by Roseli Duque, 2022-2025 term) and an Executive Board led by economist Ecio Morais.

Name

IBGM

Legal name

Instituto Brasileiro de Gemas e Metais Preciosos

Website

https://ibgm.com.br

Company type

Private

Founded year

1977

Operating status

Operating

Headcount range

11–50 employees

Short description

IBGM is a 1977-founded Brazilian non-profit trade association representing the full gems, jewelry, bijouterie, watches, and precious metals production chain, serving manufacturers, state associations, and now miners via gemological laboratory services, training, trade fairs, and the Precious Brazil international promotion project.

Ownership category

akta.pro rank

Product category

Jewelry and Gem Industry Trade Association Services

NAICS

Jewelry Retailers (458310), Jewelry and Silverware Manufacturing (33991), Gold Ore and Silver Ore Mining (212220)

SIC

Jewelry, Silverware & Plated Ware (3910), Jewelry, Precious Metal (3911)

akta.pro primary industry

Colored Gemstone Identification & Certification Laboratories (CRAKAJAH)

Keywords

• Jewelry trade association
• Gemological laboratory services
• Precious metals certification
• Professional gemology training
• Jewelry trade fairs

Headquarters

HQ city

São Paulo

HQ country

Brazil

HQ region

Latin America

Offices3 records

Markets served

GTM type

B2B

Offering type

Services

Revenue model

1. Membership Dues and Fees: IBGM generates revenue through annual membership fees paid by associated companies and state-level industry associations. Members receive access to discounted services (gemological lab, photography, recruitment), free services (legal consulting, room rental, job description documents, salary surveys), and institutional representation benefits.
2. Educational Courses and Training: Revenue from online and in-person courses including Introduction to Gemology, Jewelry Design, 3D Jewelry Modeling, Jewelry Pricing, and Handmade Jewelry. Courses are delivered via Hotmart platform with pricing at R$297 standard and R$199 for members. Additional course revenue comes from IBGM Educa partnerships.
3. Technical and Commercial Services: Fee-based technical services including gemological laboratory analysis, still photography of jewelry/products, export consulting, meeting room rental, recruitment and selection, and organizational climate research. Services are offered at discounted rates for members.
4. Trade Fair Participation Fees: Revenue from FENINJER, FENINJER + Training, and Tecnogold trade fair participation, including booth rental fees with member discounts and subsidized rates for international fairs through the Precious Brazil project.
5. Palestras & Talks Content: Free and premium virtual talks and lectures on jewelry industry topics including digital marketing, sales, management, design, and compliance, available via YouTube and other platforms, supporting member engagement and education.

Pricing tiers

Go-to-market motion1 record

Distribution channels6 records

Marketing channels7 records

Core offering

IBGM is the principal national representative body for Brazil's gems, jewelry, bijouterie, watches, and precious metals production chain, providing gemological identification and certification, professional training, trade fair organization, international market promotion, compliance programs, and institutional advocacy to member companies and state-level industry associations.

Product overview

IBGM offers a comprehensive suite of services for the Brazilian gems, jewelry, and precious metals sector. The core offerings include the Laboratrio Gemológico Dr. Rui Ribeiro Franco (gem identification and classification laboratory) and the Escola de Gemologia José Bonifácio de Andrada e Silva (gemology school). The organization provides online educational courses such as Introdução à Gemologia, Joalheria Artesanal Online, and Combo Modelagem de Joias 3D. Trade promotion services include FENINJER (major Latin American jewelry fair), FENINJER Virtual (digital platform), and Tecnogold (innovation fair). The Precious Brazil project, in partnership with Apex-Brasil, supports international market access. Additional services include export and legal consulting, still photography, meeting room rental, recruitment and selection, salary surveys, job description frameworks, and the Sou Formal, Sou Legal compliance program.

Differentiator

Problem solved

Functional benefit

Products and services

• Laboratório Gemológico Dr. Rui Ribeiro Franco Gemological identification and certification laboratory providing technical analysis of gemstones and precious metals for member companies and the broader jewelry industry.
• Escola de Gemologia José Bonifácio de Andrada e Silva Professional gemology school offering structured training programs for industry professionals, gemologists, and students seeking credentials in gem identification and evaluation.
• FENINJER Trade Fair Annual in-person international trade fair for the gems, jewelry, bijouterie, watches, and precious metals industry, organized by IBGM for exhibitors and buyers.
• FENINJER Virtual Online virtual edition of the FENINJER trade fair enabling exhibitors and buyers to connect and transact digitally in the gems and jewelry market.
• Tecnogold Precious metals industry program covering technology, technical standards, and best practices for gold and precious metals professionals.
• Precious Brazil International market promotion project supporting Brazilian jewelry, gems, and bijouterie companies in expanding their presence in foreign markets.
• Online Gemology and Jewelry Courses Online courses including Introdução à Gemologia, Joalheria Artesanal, Criação de Joias e Bijuterias, and Combo Modelagem de Joias 3D, offered via Hotmart platform for students and professionals.
• Sou Formal, Sou Legal Compliance Program Compliance and formalization program assisting jewelry and gems businesses in operating within Brazilian legal and regulatory frameworks.
• Legal Consulting Services Legal advisory services for member companies operating in the jewelry, gems, and precious metals sector.
• Export Consulting Services Export advisory services supporting jewelry and gems companies in accessing international markets and navigating foreign trade requirements.

Quantifiable outcome

• IBGM's gemological laboratory is the most well-equipped in Brazil for gem identification and classification, with internationally recognized documents
• +3 more outcomes

Named customers10 records

Segments4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

13 partnerships are on record, tiered core, major and minor.

• ApexBrasil (Agência Brasileira de Promoção de Exportações e Investimentos)coreGTM or Marketing Partner · 1 April 2026IBGM and ApexBrasil signed the 14th Sectoral Project (convênio) in April 2026, securing the continuation of the Precious Brazil project through April 2028. The partnership focuses on qualifying and promoting Brazilian gems, jewelry, bijouterie, and precious metals companies in international markets through participation in international fairs, buyer attraction projects, and image/press initiatives.
• ANORO (Associação Nacional do Ouro)coreStrategic or Co-development PartnerIBGM and ANORO signed the Memorandum of Understanding 'A Convergência do Ouro Brasileiro' in March 2026 to establish a joint agenda focused on strengthening the formal gold chain in Brazil, with emphasis on traceability, legal security, and sector competitiveness.
• PNUMA/UNEP (United Nations Environment Programme)coreStrategic or Co-development PartnerIBGM participates in the Ouro Sem Mercúrio (Mercury-Free Gold) Project as part of the Ministry of Mines and Energy's collaboration with PNUMA, contributing to the National Action Plan (PAN) for artisanal and small-scale gold mining and positioning Brazil as a global reference in mercury elimination.
• Preemptor AIcoreTechnology or IntegrationIBGM partnered with the Canadian AI startup Preemptor AI for the Ouro Sem Mercúrio project, applying artificial intelligence to optimize gold mining processes including environmental management, waste reuse, and mercury elimination in small and medium-scale mining operations in Mato Grosso.
• TCE-MT (Tribunal de Contas do Estado de Mato Grosso)majorStrategic or Co-development PartnerIBGM and TCE-MT discussed a Technical Cooperation Agreement to strengthen sustainable mining governance in Mato Grosso. IBGM regional director Roberto Cavalcanti presented the Ouro Sem Mercúrio project to the TCE's Sustainability and Environment Commission, with a draft cooperation agreement under consideration.
• SINDIJOIAS-SP (Sindicato da Indústria de Joias, Bijuterias e Afins do Estado de São Paulo)coreStrategic or Co-development PartnerIBGM co-organizes the Tecnogold trade fair with SINDIJOIAS-SP. SINDIJOIAS-SP is also a key member association contributing to IBGM's governance and representing the São Paulo jewelry industry within IBGM's structure.
• AMAGOLD (Associação Brasileira dos Fabricantes de Joias de Ouro Certificado)majorChannel Partner/ Reseller/ DistributorIBGM partners with AMAGOLD to disseminate 18k gold certification and product conformity among jewelry manufacturers. IBGM members receive 20% discount on AMAGOLD monthly fees. AMAGOLD certifies gold for IBGM member companies.
• IBRAM (Instituto Brasileiro de Mineração)majorStrategic or Co-development PartnerIBGM participates in IBRAM's Forum de Entidades (Entities Forum) and EXPOSIBRAM event. IBGM's ADPF before the STF on ANM budget was highlighted at the IBRAM Forum in October 2025, receiving unanimous support. IBRAM President Raul Jungmann maintained close institutional relations with IBGM until his passing in January 2026.
• CIBJO (World Jewellery Confederation)majorStrategic or Co-development PartnerIBGM President Roseli Duque participated in CIBJO's centennial congress in Paris (November 2025), contributing to discussions on governance, sustainability, innovation, and ESG in global jewelry. IBGM engages with CIBJO's Blue Book standards and international norm-setting.
• SEBRAEmajorStrategic or Co-development PartnerSEBRAE partnered with ApexBrasil and IBGM in the Jornada Exportadora de Bijuterias e Joias Folheadas (April 2026), supporting the international insertion of Brazilian jewelry companies through training, technical visits, and business rounds in Paraguay and Colombia.
• SENAI MTminorImplementation/ SI/ Consulting PartnerSENAI Mato Grosso participated in IBGM's Ouro Sem Mercúrio technical agenda in May 2026, joining visits to mining operations and institutional meetings at the Mato Grosso Technology Park as part of the sustainable mining initiative.
• Parque Tecnológico Mato GrossominorStrategic or Co-development PartnerInstitutional partner in IBGM's Mato Grosso technical agenda, hosting meetings as part of the Ouro Sem Mercúrio project to discuss technology and innovation for sustainable small and medium-scale gold mining.
• Fórum Nacional Contra a Pirataria e a IlegalidademajorStrategic or Co-development PartnerIBGM is a signatory of the National Forum Against Piracy and Illegality, collaborating with public authorities and industry to combat smuggling, illegal trafficking, and informal market activity in the jewelry and precious metals sector.

Scale indicators6 records

Recent moves6 records

Expansion highlights6 records

Regional players

• Bharat Diamond Bourse: World's largest diamond bourse, representing the Indian diamond trade with associated grading, training, and trade fair functions analogous to IBGM's role in Brazil. Geographically distinct but structurally comparable as a national gem/diamond industry body.

Broad incumbents

• World Gold Council: Global industry body for gold, with market development, ESG, and traceability initiatives that overlap with IBGM's Ouro Sem Mercúrio sustainable gold agenda. Both organizations set standards and represent gold industry interests internationally.
• Responsible Jewellery Council: International standards-setting and certification body for the jewellery supply chain, covering ESG, traceability, and member compliance — functions directly aligned with IBGM's Sou Formal, Sou Legal program and Ouro Sem Mercúrio initiative.

Direct peers

• SINDIJOIAS-SP: São Paulo state-level jewelry industry union and IBGM member that co-organizes Tecnogold. It represents the same production chain at a sub-national level, making it a structurally comparable trade association within Brazil.
• CIBJO (World Jewellery Confederation): International jewellery industry confederation that IBGM engages with through its Blue Book standards and CIBJO centennial congress participation. Both bodies function as sector-wide normative and representative organizations across the gems, jewellery, and precious metals production chain.
• Jewelers of America: National trade association for the US jewelry industry, providing advocacy, education, and member services that mirror IBGM's institutional representation, Escola de Gemologia, and compliance programs.
• HRD Antwerp: Belgian gemological institute offering diamond grading, certification, and gemology education that directly competes with IBGM's laboratory and Escola de Gemologia for high-end certification work and professional training in Brazil.
• IBRAM (Instituto Brasileiro de Mineração): Brazilian mining industry institute and IBGM's partner in the Forum de Entidades. IBRAM is the most direct national counterpart for IBGM's mining-side activities, especially the Ouro Sem Mercúrio project and ANM-related advocacy.
• AGTA (American Gem Trade Association): US national trade association for the colored gemstone and jewelry industry, with similar member services (ethical sourcing, trade shows, lab references, education) and a comparable function to IBGM in Brazil.
• GIA (Gemological Institute of America): Operates a globally recognized gemological laboratory and education platform that competes with IBGM's Laboratório Gemológico Dr. Rui Ribeiro Franco and Escola de Gemologia. Both are vertically integrated gem ID/certification plus gemology training businesses.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat6 records

Key risks5 records

Key highlights6 records

Customer concentration

• Instagraminstagram.com/ibgmbrasil
• Facebookfacebook.com/ibgm.brasil
• LinkedInlinkedin.com/company/ibgm---instituto-brasileiro-de-gemas-e-metais-prec

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about IBGM