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Millennials Like Their Diamonds Ethically Sourced or Man-Made

Millennials Like Their Diamonds Ethically Sourced or Man-Made

As in many aspects of their consumption, young diamond buyers are socially conscious and value quality and integrity. They want natural stones that are conflict-free and will happily choose laboratory-grown diamonds too Millennials Like Their Diamonds Ethically Sourced This has been driven in large part by socially conscious customers who are looking for more “environmental friendly” stones (natural diamond mining can have serious environmental implications) and more accessible prices. According to a recent Morgan Stanley report, the category could account for up to 7.5 per cent of the diamond market by 2020. This focus on sustainability has also led customers...

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What is the Kimberley Process?

What is the Kimberley Process?

Established in 2000, the Kimberley Process is a non-governmental organization that is devoted to preventing the flow of conflict diamonds around the world. By definition, conflict diamonds, or commonly referred to as ‘blood diamonds’, are “rough diamonds used by rebel movements or their allies to finance armed conflicts aimed at legitimate governments”. This international certification scheme contributes to the regulation of rough diamonds across the world, with participants from 81 countries. These participants around the globe represent major rough diamond producing, exporting, and importing countries, creating a bigger influence within the diamond industry to maintain a strong ethical standard. The...

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A Buyer's Guide to Man-Made Diamonds

A Buyer's Guide to Man-Made Diamonds

Why Should You Buy Man-Made Diamonds? There are many reasons to purchase synthetic diamonds instead of the mined variety. The prices charged for mined diamonds are, in the very best verbiage, an illusion. To put it more bluntly, Cecil Adams, in his award-winning newspaper column "The Straight Dope" says: "Diamonds are a con, pure and simple." Diamond prices are largely controlled by the DeBeers diamond cartel, and they are not a fair reflection of diamond scarcity. Additionally, studies show that one out of three diamonds sold in the US today has been altered to artificially increase its value. Further studies...

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How Are Diamonds Made in a Lab By Man?

How Are Diamonds Made in a Lab By Man?

The first scientific breakthrough in man-made diamonds came in 1954 when General Electric developed a process that successfully replicated the conditions for natural diamond formation. This process is called High Pressure High Temperature (HPHT) and involves the use of seed crystals which are grown in superheated anvils. High Pressure High Temperature (HPHT) HPHT is a process that is energy intensive and has a relatively low production rate (seed crystal typically grows at a few microns per hour). During the process, the parameters need to be tightly controlled or it may cause the diamond’s growth to fail or the rough to...

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A Lab-Grown Diamond Is Still 100% A Diamond

A Lab-Grown Diamond Is Still 100% A Diamond

For thousands of years the earth's most brilliant stone, the diamond, has been sought after for its timeless beauty; but today, with the need for sustainability casting a question mark over mining practices, a new kind of diamond has come to the fore — the cultured diamond. Here are six things you should know about the cultured diamond: 1) Diamond in every way 2) Incredible range of colors 3) Value for money 4) Still a luxury purchase 5) Socially and environmentally conscious 6) Certificate of authentication Source: huffingtonpost.co.za

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