Connect with us

Headlines

CNN Delves Into Lab-Grown Diamond Debate

Consumers are taking ‘very firm stances on which type of diamond they prefer.’

mm

Published

on

A new article from CNN looks at the rising popularity of lab-grown diamonds, along with the reasons that people are choosing one type of diamond or the other.

Celebrities who have been spotted wearing lab-grown diamonds in recent years include actor/singer Billy Porter, Lady Gaga and Zoë Kravitz, along with Meghan, Duchess of Sussex.

Hair Jewels That Will Turn Your Customers’ Heads
Photo Gallery

Hair Jewels That Will Turn Your Customers’ Heads

27 New Engagement and Wedding Rings Your Customers Will Love Forever [Photo Gallery]
Photo Gallery

27 New Engagement and Wedding Rings Your Customers Will Love Forever [Photo Gallery]

10 Ways Retail Jewelers Go Bold with Decorative Lighting
Benchmarks

10 Ways Retail Jewelers Go Bold with Decorative Lighting

CNN notes that consumers are taking “very firm stances on which type of diamond they prefer” and that “the reasons are often positioned as ethical ones.” While pointing out the controversies of “blood” diamonds, the news outlet notes the natural diamond industry’s efforts to improve  sourcing and transparency, starting with the Kimberley Process trade certification scheme.

Environmental considerations are at also play, with diamond companies receiving criticism for their carbon footprints. De Beers and other major companies say they’re working to reduce their environmental impact.

At the same time, the Natural Diamond Council (formerly the Diamond Producers Association) has claimed that producing a polished lab-grown diamond can result in higher emission than producing a polished mined diamond. Some members of the lab-grown diamond industry.

Advertisement

Saleem Ali, professor of energy and environment at the University of Delaware, was quoted saying the research from the DPA “did not consider the full life cycle of diamond mining — exploration operation and closure.”

Ali added that the DPA “did not consider that synthetic-diamond manufacturing can be relocated to more clean-energy areas, which is not possible with mined diamonds.”

But David Kellie, CEO of the Natural Diamond Council, was quoted saying, “I don’t know of any other industry that has attempted to evaluate its sustainability and environmental impact the way the diamond industry has and also managed achieve a consistency of these metrics across our members.”

Read more at CNN

Advertisement

SPONSORED VIDEO

Maximize Every Sale with Wilkerson

When it’s time to run a sale, whether it’s a retirement, going-out-of-business, anniversary or “we’ve got too much merchandise” sale, let Wilkerson handle the details. The Diamond Galleria did just that when they selected Wilkerson to run its liquidation sale. According to Sharon, their CPA, it was the right choice. “We could have done a going-out-of-business sale ourselves and done 30 to 40 percent of what we actually sold with Wilkerson involved,” she says. Seeing the strategies that Wilkerson puts in place for every sale was something that convinced her they had made the right move. “I would highly recommend Wilkerson to anyone considering this type of sale.”

Promoted Headlines

Most Popular