Are Lab-grown Diamonds Sustainable?

Human-made diamonds come with an appealing claim: Manufacturers say the stones are produced ethically using renewable energy. But many of the products do not meet that claim or their producers do not confirm the electricity sources they use. And, laboratory diamonds require a lot of electricity to produce. In the United States, lab-grown diamond sales … Read more

Lab Growns and Natural Diamonds “Will Coexist”

Lab growns and natural diamonds will coexist in the future, says Vipul Shah, chairman of the Gems and Jewellery Export Promotion Council (GJEPC). He was speaking at the IIJS Signature, which opened in Mumbai on Friday (5 January 2024). “With natural diamonds, there is an aspiration, whereas lab-grown diamonds are for affordability, and for fun … Read more

Hong Kong Busts $64M Diamond Scam

Hong Kong authorities have arrested four people suspected of running a money-laundering syndicate that falsely declared synthetic diamonds as natural.

De Beers Ends Lab-Grown Engagement Diamonds Foray as Prices Drop

De Beers decided to call time on offering lab-grown diamonds for engagement rings even as the man-made alternatives continue to cannibalize demand in one of the company’s most important markets. After vowing for years that it wouldn’t sell stones created in laboratories, in 2018 De Beers reversed that position and only this year started testing … Read more