Page 17 - Lab Created News Today

The State Bank of India (SBI), the country’s largest private lender, has designed a policy to fund lab-created diamond manufacturers in what may prove to be a major step forward for the emerging industry.

With the crisis in Ukraine causing significant issues to the international supply of natural diamonds, the door has been opened for lab-grown diamonds to capture a larger share of the market. SAMUEL ORD investigates the circumstances leading to this opportunity and speaks with retailers about consumer preferences.

The technology for lab-created diamonds has officially arrived – heralded by companies like Gemesis Diamond Company – and although presenting new opportunities for the jewellery industry, it also raises a number of ethical and control issues.

Diamond Foundry, a US company manufacturing lab grown diamonds in California, has announced it will take legal action against the United States Trade Office.

Owing to the rise of synthetic diamonds, the trade in fancy colour stones is no longer clear cut, writes Dr Thomas Hainschwang.

Over the past few years, comparisons made by the opposing ‘camps’ of natural and synthetic diamond have been rampant, with a large amount of misinformation clouding the scene.

Pope Francis blessed a lab-created diamond during Thanksgiving ceremonies in Rome, Italy to symbolise the need for promoting sustainable jewellery production processes.

The production of lab-created diamonds in China is undergoing some interesting change. Two of China's major producers, Zhengzhou Sino-Crystal Diamond Co Ltd and Zhengzhou Sino-Crystal Diamond Co Ltd have plans to produce lab-created diamonds for jewellery design and manufacture, in addition to stones for industrial purposes.

Large lab-grown diamond deception revealed Posted June 18, 2021 | By Arabella Roden • Editor The International Gemological Institute (IGI) has determined that a 6.18-carat round brilliant cut diamond, which had been submitted for grading as natural, was lab-created. The loose stone was analysed at IGI’s Bangkok laboratory, and was accompanied by a report from the Gemological Institute of America (GIA) stating it was a natural diamond. "This is the largest lab-grown diamond ever ...

Synthetic diamond spotlight: what does the Aussie industry think? 13.5 k views | Posted September 27, 2016 Synthetic diamonds were a hot topic at the Sydney jewellery fair, with a panel discussion taking place to address how this sector is impacting the local market. Synthetic diamonds have generated much attention in recent years and the reality is they are not only infiltrating the international market but the local market as well. In light of this, a panel discussion, titled Natural vs ...