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.

Here Are 18 Images of The Latest in Rings
Photo Gallery

Here Are 18 Images of The Latest in Rings

18 Photos That Prove How Cool Hugo Kohl Boutique and Factory Is
Photo Gallery

18 Photos That Prove How Cool Hugo Kohl Boutique and Factory Is

12 Photos That Show Off the Wow Factor at Thollot Diamonds & Fine Jewelry in Colorado
Photo Gallery

12 Photos That Show Off the Wow Factor at Thollot Diamonds & Fine Jewelry in Colorado

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

Continue Reading
Advertisement

SPONSORED VIDEO

Wilkerson Testimonials

A Liquidation Sale during a Pandemic? Wilkerson Showed Them the Way

For 25 years, Stafford Jewelers of Cincinnati, Ohio, was THE place to go for special gifts, engagement diamonds, high-end Swiss watch brands — in other words, the crème de la crème of fine jewelry. But this summer, the Stafford family was ready to retire. So, they chose Wilkerson to help them close up shop. “One of the biggest concerns was having the sale in the middle of COVID,” says Director of Stores Michelle Randle. Wilkerson gave the Stafford team plenty of ideas as well as safety guidelines, which they closely followed. “All of the employees felt safe, the customers coming in the door felt safe and we did a lot of business,” says Randle. How much business? “The inventory flew,” she says. Translation: They sold millions and millions of dollars-worth of merchandise. Randle calls it, “an incredible experience.” Would she recommend Wilkerson to other retailers who are thinking of thinning their inventories or retiring? “Everyone got more than what they expected out of the sale. You have to hire Wilkerson. They’re amazing.”

Promoted Headlines

Most Popular