India, which cuts or polishes about 90% of the diamonds sold in the world, is ramping up sales of laboratory-made gems as demand from the US surges and they become more accepted in other markets. Exports of polished lab-grown diamonds may double in the current financial year started April 1 from $1.3 billion in the … Read more
Pandora, the world’s biggest jeweller, is launching a collection using exclusively lab-made diamonds in the US and Canada as part of the company’s strategy to eliminate mined gems and create more affordable products with less associated emissions. The Danish company, which plans to make its operations carbon neutral within three years, said the collection is … Read more
When De Beers first introduced its Lightbox lab-grown jewelry brand in 2018, the diamond world sat up and took notice. The mining giant had long been outspoken about its belief that synthetic stones were neither special nor unique. And despite having entered the field itself, the company still holds by that sentiment. Since first making … Read more
What is a ‘lab grown diamond’ ? Laboratory grown diamond term is still a source of confusion for many diamond buyers and jewellers. Natural Diamonds have been high coveted and sort after for thousands of years. Diamonds have always been a status symbol for the elite and super wealthy, only becoming available to the general … Read more
In 2018, the FTC permitted “a mineral consisting essentially of pure carbon crystallized in the isometric system” to be described as a “diamond,” whether naturally occurring or man-made. Ever since then, the jewelry establishment has been erecting barriers of entry for lab-grown diamonds into their lucrative $84 billion global market. The Natural Diamond Council established … Read more
The International Gemological Institute (IGI) has graded a 27-carat lab-grown stone that it claims is the world’s largest polished synthetic diamond. Indian lab-grown company Greenlab created the marquise step-cut, 27.27-carat diamond, named Om, IGI said Wednesday. The stone, which has no color enhancement, was grown using chemical vapor deposition (CVD). Along with Om, the IGI … Read more
Botswana, Africa’s top diamond producer, sees a prolonged ban on Russian diamonds opening the way for synthetic gems to expand market share, the country’s minister told a mining conference on Monday. The United States, the world’s largest market for natural diamonds, imposed sanctions on Russia’s state-controlled Alrosa in April, aiming to cut off a source … Read more
The Gemological Institute of America (GIA) recently graded the largest known synthetic diamond to be created using chemical vapor deposition (CVD), it claimed Wednesday. The stone, produced by Shanghai Zhengshi Technology, is a princess-cut, 16.41 carat, G colour, VVS2 clarity lab grown diamond. Spectroscopic readings the GIA performed confirmed the stone had no post growth … Read more
Leading trade organizations have lashed out at Pandora’s recent statements about lab-grown stones, claiming the retailer misrepresented natural diamonds and caused harm to the industry. Pandora announced it would no longer sell mined diamonds and would instead stock synthetics, linking the decision to its environmental goals. The launch of a lab-grown line will help “transform … Read more
Pandora has launched its first lab-grown jewelry line and pledged to cease using mined diamonds in any of the company’s pieces. The Danish jeweler will introduce the collection, Pandora Brilliance, in the UK on May 6, before debuting it globally in 2022, it said Tuesday. Pandora believes offering synthetics will make its products more accessible … Read more