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Search Results - The Great Diamond Debate

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Countries have been quick to sanction Russia since its attack on Ukraine. Alrosa is one of the more than 90 companies and financial institutions - which included two of the country’s largest banks – listed in the sanction order. Source: Business Today India by Pragati Srivastava

News
Economic sanctions on Russia seen to impact diamond trade

The US government has named Russian state-run mining company Alrosa as one of the companies facing “expansive economic measures” and which is expected to impact the worldwide supply and trading of diamonds. Read more »
The International Grown Diamond Association (IGDA) - known as IGDA 2.0 - has announced its leadership committee to steer the course for the group’s representation of the synthetic diamond industry. Source: Courbet

News
Lab-created diamond body names committee

The revamped International Grown Diamond Association (IGDA) - known as IGDA 2.0 - has announced its leadership committee to steer the course for the group’s representation of the synthetic diamond industry. Read more »
World Diamond Council (WDC) President Edward Asscher addressing the Opening Session of the 2021 Kimberley Process Plenary on November 8, 2021. Image: World Diamond Council

News
Diamond Council pushes to expand the definition of conflict diamonds

World Diamond Council (WDC) president Edward Asscher has urged the Kimberley Process members to reassert its stand on expanding the definition of conflict diamonds to promote long-term consumer confidence. Read more »
Lightbox's new policy of disclosing treatments covers D to F-colour stones of its Finest collection and VVS-clarity stones launched as a primary offering in August.

News
Lightbox issues new policy to disclose lab-created diamond treatments

Lightbox, the De Beers-owned lab-created diamond jewellery business, has announced its new policy of disclosing treatments used in the creation of grown diamonds but still maintains such declarations are optional. Read more »

News
Market for lab-created diamonds forecasted to almost double by 2025

With the demand driven by fashion jewellery trends and high-tech, non-jewellery applications, the lab-created diamond market is expected to grow by almost US$4 billion ($AU5.32 billion) by 2025, according to an independent New York-based industry analyst. Read more »

Editor's Desk
DeBeers' lab-created diamonds: direct to consumers – it was always going to happen

De Beers recently announced that it will now sell loose lab-created diamonds direct to consumers. ANGELA HAN explores further challenges that lie ahead for both retailers and suppliers. Read more »

News
Lightbox launches loose lab-created diamonds for consumers

Lightbox Jewelry, the De Beers-owned lab-created diamond jewellery business, has launched new product category Lightbox Loose Stones, which enables consumers to purchase individual Lightbox white, pink, or blue lab-grown diamonds at its standardised price of $US800 per carat. Read more »
Mined by Debswana, a joint venture between De Beers Group and the Botswanan government, this 1,098-carat stone is one of two massive stones unearthed in Botswana in recent weeks.  Image credit: Debswana

News
Two times lucky: 1,000-carat diamonds discovered

The international diamond industry is abuzz following the discovery of two large stones weighing more than 1,000 carats, only weeks apart. Read more »
A statement announcing the new Pandora Brilliance lab-created diamond range has been criticised as "misleading" by a range of diamond and jewellery associations.  Image credit: Pandora

News
Natural diamond organisations protest Pandora statement

Several diamond and jewellery industry associations have demanded Pandora Jewelry retract elements of a recent statement regarding its decision to stop stocking natural diamond, claiming it promotes the “false and misleading narrative” that lab-created diamonds are “an ethical choice” when compared with natural diamonds. Read more »
The Pandora Brilliance jewellery range features CVD lab-created diamonds in sizes 0.15–1 carat, priced from £250–1,290. Pictured: Actress Rosario Dawson models the Pandora Brilliance range. Image credit: Pandora

News
Pandora Jewelry introduces lab-created diamond range, phases out natural diamonds

Pandora Jewelry has launched its first collection set exclusively with lab-created diamonds, and has announced plans to phase out natural diamonds from its product lines. Read more »
The National Advertising Division – the US' advertising industry self-regulation body – has investigated the Natural Diamond Council's marketing, following a complaint from lab-created diamond producer Diamond Foundry.

News
Natural diamond organisation warned over advertising

The National Advertising Division (NAD) – the US advertising industry’s self-regulation body – has issued a warning to the Natural Diamond Council (NDC) following a complaint from lab-created diamond company Diamond Foundry. Read more »
A new analysis by Bain & Co. and the Antwerp World Diamond Centre has found that a 1-carat lab-created diamond now retails for as little as 35 per cent of the price of natural, mined diamonds.

News
Retail price of lab-created diamonds continues to fall

Advances in technology have increased the price difference between lab-created and mined diamonds by as much as 1,000 per cent, a new report has revealed. Read more »
Following years of debate, the committee of the Bharat Diamond Bourse has voted to ‘recognise’ lab-created diamonds.

News
India shifts stance on lab-created diamonds

Following years of debate the Indian diamond industry, including the Gem & Jewellery Export Promotion Council (GJEPC) and the Bharat Diamond Bourse (BDB) in Mumbai, has formalised its 'recognition' of lab-created diamonds. Read more »
Several major manufacturers of lab-grown diamonds, including WD Lab Grown Diamonds and Pure Grown Diamonds, have ended their legal battle over patented processes.

News
Lab-grown diamond companies settle patent dispute

WD Lab Grown Diamonds and the Carnegie Institute of Washington have settled their legal battle with Pure Grown Diamonds and IIa Technologies over lab-grown diamond patents.  Read more »
A new report into the lab-grown diamond category indicates consumers are increasingly aware of and open to purchasing man-made stones. Image: Lightbox Jewelry

News
New report explores consumer and trade attitudes to lab-grown diamonds

A new report from US-based jewellery industry marketing firm The MVEye – formerly known as MVI Marketing – has found that the man-made stones have reached a new threshold of awareness and ownership among consumers. Read more »

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