A 2.62-carat diamond, which Calvin Mills bought in November for his bride-an amazing specimen. The gemstone of the cut "pear" and canary yellow color costs $ 22,000. A profitable purchase. Mills, chief executive officer of CMC Technology Consulting in Baton Rouge, Louisiana, says he could spend tens of thousands more on a comparable diamond cut from the bowels, but his stone is from the lab. "I got a bigger stone for a smaller amount," says a former footballer at the Southern University, who made a proposal to the girl last year during a half-time break during one of his alma mater matches at the Super Bowl in New Orleans.
Although synthetic diamonds make up only a small fraction of the $ 80 million global diamond market, demand is growing, as buyers are looking for cheaper gems and not burdened by ethical issues. Groups for the protection of human rights with the help of Hollywood popularized the term "blood diamonds" in order to draw attention to the role played by diamond mining companies in fomenting the conflict in Africa.
Unlike fake diamonds, for example, cubic zirconia, stones that are "grown" (the term preferred by the nascent industry) in laboratories have the same physical characteristics and chemical composition as real diamonds. They are made of a carbon seed placed in a microwave chamber that uses methane or another carbon-containing gas and undergone overheating to convert into a red-hot plasma ball. At the same time, particles are formed that crystallize into diamonds, and this process can take 10 weeks. The technology has already been improved to such an extent that experts will need equipment in order to distinguish the synthesized gemstones from those that are mined in mines or from rivers.
Retailers, including Wal-Mart Stores and Helzberg Diamonds, Owned by Warren Buffett (Warren Buffett), begin to create stocks of synthetic diamonds. "For a modern young consumer, does he get a diamond extracted from the earth or produced on the ground - are they all the same?" - asks Chaim Even-Zohar, the head of Tasu, an industry consultancy firm in Ramat Gan, Israel . In the report of the consulting firm Gemdax, based in Antwerp, just 45 percent of North American consumers between the ages of 18 and 35 said they prefer natural diamonds. "Some substitute for natural diamonds is inevitable," says Anish Aggarwal, a partner of the firm, who did not want to disclose who paid for the study. Gemdax says that additional research is needed to better assess the attitude of consumers. Begin to create stocks of synthetic diamonds. "For a modern young consumer, does he get a diamond extracted from the earth or produced on the ground - are they all the same?" - asks Chaim Even-Zohar, the head of Tasu, an industry consultancy firm in Ramat Gan, Israel . In the report of the consulting firm Gemdax, based in Antwerp, just 45 percent of North American consumers between the ages of 18 and 35 said they prefer natural diamonds. "Some substitute for natural diamonds is inevitable," says Anish Aggarwal, a partner of the firm, who did not want to disclose who paid for the study. Gemdax says that additional research is needed to better assess the attitude of consumers. Begin to create stocks of synthetic diamonds. "For a modern young consumer, does he get a diamond extracted from the earth or produced on the ground - are they all the same?" - asks Chaim Even-Zohar, the head of Tasu, an industry consultancy firm in Ramat Gan, Israel . In the report of the consulting firm Gemdax, based in Antwerp, just 45 percent of North American consumers between the ages of 18 and 35 said they prefer natural diamonds. "Some substitute for natural diamonds is inevitable," says Anish Aggarwal, a partner of the firm, who did not want to disclose who paid for the study. Gemdax says that additional research is needed to better assess the attitude of consumers. Whether he receives a diamond extracted from the earth or produced on the ground - are they all the same? "- asks Chaim Even-Zohar, the head of Tasu, an industry consulting firm in Ramat Gan, Israel. In the report of the consulting firm Gemdax, based in Antwerp, just 45 percent of North American consumers between the ages of 18 and 35 said they prefer natural diamonds. "Some substitute for natural diamonds is inevitable," says Anish Aggarwal, a partner of the firm, who did not want to disclose who paid for the study. Gemdax says that additional research is needed to better assess the attitude of consumers. Whether he receives a diamond extracted from the earth or produced on the ground - are they all the same? "- asks Chaim Even-Zohar, the head of Tasu, an industry consulting firm in Ramat Gan, Israel. In the report of the consulting firm Gemdax, based in Antwerp, just 45 percent of North American consumers between the ages of 18 and 35 said they prefer natural diamonds. "Some substitute for natural diamonds is inevitable," says Anish Aggarwal, a partner of the firm, who did not want to disclose who paid for the study. Gemdax says that additional research is needed to better assess the attitude of consumers. Head of Tasu, an industry consulting firm in Ramat Gan, Israel. In the report of the consulting firm Gemdax, based in Antwerp, just 45 percent of North American consumers between the ages of 18 and 35 said they prefer natural diamonds. "Some substitute for natural diamonds is inevitable," says Anish Aggarwal, a partner of the firm, who did not want to disclose who paid for the study. Gemdax says that additional research is needed to better assess the attitude of consumers. Head of Tasu, an industry consulting firm in Ramat Gan, Israel. In the report of the consulting firm Gemdax, based in Antwerp, just 45 percent of North American consumers between the ages of 18 and 35 said they prefer natural diamonds. "Some substitute for natural diamonds is inevitable," says Anish Aggarwal, a partner of the firm, who did not want to disclose who paid for the study. Gemdax says that additional research is needed to better assess the attitude of consumers. "Some substitute for natural diamonds is inevitable," says Anish Aggarwal, a partner of the firm, who did not want to disclose who paid for the study. Gemdax says that additional research is needed to better assess the attitude of consumers. "Some substitute for natural diamonds is inevitable," says Anish Aggarwal, a partner of the firm, who did not want to disclose who paid for the study. Gemdax says that additional research is needed to better assess the attitude of consumers.
Companies dominating the natural diamond market, including Russia's ALROSA and De Beers, a division of the Anglo American based in London, do not see a big threat in the new companies that have emerged in the industry, because "this is just a small part" of the market, says Neil Koppel Koppel), Chief Executive Officer of Renaissance Diamonds. His company, located in Boca Raton, Fla., Delivers the goods to the shops of Helzberg in 10 US cities. Last year, only 360,000 carats of synthetic diamonds were produced, compared to 146 million carats of natural diamonds mined in 2013, according to research firm Frost & Sullivan. The offer of diamonds grown in the laboratory is likely to increase to 2 million carats in 2018 and up to 20 million carats by 2026.
De Beers says that its research shows that consumers do not equate synthetic diamonds with those extracted from the bowels of the earth, adding that artificial stones, rather, will compete with costume jewelry. "The value of a diamond is inextricably linked with the inspiring and unique history that lies behind every stone, from the time of its formation to its history, to its emotional significance, which the diamonds grown in the laboratory simply do not have," the company said in a statement. In July, diamond mining companies scored a major victory in marketing when the International Organization for Standardization decided that gemstones manufactured by man should be called synthetic, grown in the laboratory or created in the laboratory, and not real, cultivated or artificially grown.
Produced stones account for about 5 percent of the stones sold at the Gem Lab jewelry store in Rochester, New York. A synthetic diamond weighing 1 carat there cost about $ 6,000 compared to $ 10,000 for a natural diamond of the same weight, as Vice President Paul Cassarino said. The Singapore-based company IIA Technologies, the largest manufacturer of lab-grown diamonds, is requesting $ 23,000 for a 3.04-carat diamond synthesized by her, a natural diamond of similar size and quality would cost about $ 40,000. "We are creating a new industry," says Vishal Mehta ), Chief Executive Officer of IIA, who does not disclose how much it costs to manufacture a diamond in the laboratory. "Consumers are now really concerned about the idea of environmental safety and conflict-free nature of diamonds. This is a nuisance. "
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