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Limelight Lab Grown Diamonds Ltd. Secures US$1 Million Strategic Investment, Sets Sight on Brand and Store Expansion Plans
Limelight Lab Grown Diamonds Ltd., the pioneering force behind India's CVD diamond jewellery revolution, announces a landmark deal with a strategic investment of US$1 million from industry players taking the valuation of the Company to INR 340 Crore.   more
WFDB Concludes Successful Presidents’ Meeting in Shanghai
The World Federation of Diamond Bourses (WFDB) concluded its annual Presidents’ Meeting for 2024, held in Shanghai, China. The three-day meeting explored the most pressing issues facing the world diamond industry – the G7 restrictions, synthetic diamonds, and the lackluster Chinese market -- with expert panels, speeches, and discussions. The Presidents’ Meeting was held at the new Shangrila Hotel in Pudong and was hosted by Shanghai Diamond Exchange President Lin Qiang. It was attended by bourse presidents from around the world   more
WFDB Commends French Government on Lab-Grown Term Ban
The World Federation of Diamond Bourses (WFDB) would like to commend the French Ministry of Economy and Finance for its decision to ban the use of all terminology other than synthetic for non-natural diamonds. The decision means that the use of the term lab-grown or cultivated diamonds will not be legal in France. Yoram Dvash, President of the WFDB, said: We praise the decision of the French government to insist that all stones other than natural diamonds be called “synthetic.” This is an important step in confirming the inherent value of natural diamonds and in enhancing consumer confidence.”   more
Lab-grown diamonds will emerge as something more than a niche – just give it time
Since hosting DMCC’s inaugural lab-grown diamond symposium earlier this year, speculation over the position, pricing and outlook of the industry have continued to occupy headlines. While the ongoing depreciation of diamonds has also caused a feeling of uncertainty amongst stakeholders.   more
HKTDC Hong Kong International Diamond, Gem and Pearl Show opens at AsiaWorld-Expo today
The 10th Hong Kong International Diamond, Gem and Pearl Show, organised by the Hong Kong Trade Development Council (HKTDC), opened today, showcasing a wide range of diamonds, gemstones and pearls – raw materials for jewellers. At the opening ceremony   more
Limelight Diamonds Presents ‘Te Amo Collection’
With the season of love around the corner, it’s time to give your loved one something stunning. In a dazzling celebration of love and luxury, Limelight Diamonds, India’s largest sustainable lab grown diamond jewellery brand, unveils an exclusive ‘Te Amo’ collection with a special 10% discount on their exquisite lab grown diamond studded jewellery from 3rd to 14th February.   more
COP28 delivers historic consensus in Dubai to accelerate climate action
COP28 concluded with a historic agreement by 198 Parties to deliver a new era of climate action. The Parties agreed a landmark text named The UAE Consensus, that sets out an ambitious climate agenda to keep 1.5°C within reach. The UAE Consensus calls on Parties to transition away from fossil fuels to reach net zero, encourages them to submit economy-wide   more
Prime Minister Narendra Modi launches World's largest Diamond complex - SURAT Diamond Bourse
Prime Minister of India Narendra Modi launched the world's largest Diamond and Office Complex, Surat Diamond Bourse. Thousands of people joined by International Diamond Industry dignitaries, Indian diamantaires, and the Ministerial delegation witnessed the mega launch of Surat Diamond Bourse.   more
World’s First & Largest single crystal ‘Diamond Wafer’ created
Diamond Foundry Inc. has achieved a major breakthrough in Technology by creating the world's first single crystal diamond wafer, the same also happens to be the largest diamond (100 mm) on earth. Employing a technology of mind-boggling complexity called diamond heteroepitaxy which creates single-crystal diamond on scalable substrates and combining it with other technologies, the company arrived at the first ever wafer that is a single crystal of diamond. Diamond Foundry Inc. claims   more
Consolidation, the only solution for LGD in the long run
One of the largest Lab grown Diamond Grower in the US has filed for bankruptcy according to reports. Using Chemical Vapour Deposition technology, WD diamonds escalated to become one of the most important created diamond growers in the world and had set a record of growing 9.04 carat gem quality LGD. Over the last few years India has had a steadfast development and growth   more
Prime Minister of India Narendra Modi to inaugurate World's Largest Diamond Complex - Surat Diamond Bourse
Prime Minister of India Narendra Modi will inaugurate the newly-constructed Surat Diamond Bourse (SDB) Complex, part of the Diamond Research and Mercantile (DREAM) City, in Gujarat on December 17, 2023. The PM will also inaugurate the newly-upgraded international terminal building of the Surat airport on his arrival there the same day, officials said. The SDB building, the world’s largest diamond complex with over 67 lakh square feet of floor area, is located at Khajod village near Surat city. Ahead of the inauguration, several diamond traders, have already taken possession of their offices allotted by the management   more
Bharat Diamond Week 5th edition A Huge Success
The "Bharat Diamond Week" 5th edition organized by Bharat Diamond Bourse, world's largest diamond exchange, opened with International dignitaries from Angola, Botswana and buying delegation from over 6 economies along with Indian buyers visiting the Exhibition. In spite of the current volatile situation, BDW the "only Diamond and Diamond Jewellery" exhibition saw encouraging participation from buyers. The Bharat Diamond Week 5th edition saw Industry glitterati descend in Mumbai which in itself is testimony and motivation to the entire Gems and Jewellery sector.   more
DMCC LAUNCHES FUTURE OF TRADE REPORT ON LAB-GROWN DIAMONDS – HIGH-TECH APPLICATIONS TO DRIVE SURGE IN GLOBAL TRADE
DMCC – the world’s flagship free zone and Government of Dubai Authority on commodities trade and enterprise – today released a special edition of its Future of Trade thought leadership report series focused on lab-grown diamonds (LGDs), the rapid global rise of this nascent technology and its transformative impact on the industry.   more
Comprehensive Report on High-Income African American Luxury Jewelry Consumers Released
THE MVEye, the premier market research firm for the gem, jewelry and watch industries, has released the ground-breaking report: Crafting Unity, Adorning Diversity- Cracking the Code to Engage High Income African American Buyers in the Luxury Jewelry Sector The report is based on a collaborative and comprehensive research study conducted by THE MVEye and Stephanie Coleman, publisher of Tré Magazine, delving into the unique world of high-income African-American jewelry consumers in the USA. By concentrating on those who self-identify as Black/African-American, and further affirming   more
SWAROVSKI’S CREATED DIAMONDS COLLECTION GOES GLOBAL, REINFORCED BY A COLLABORATION WITH THE INTERNATIONAL GEMOLOGICAL INSTITUTE
Building on the success of its debut Swarovski Created Diamonds collections in the USA and Canada, Swarovski announces the global expansion of its fine jewelry category across all flagship stores and key markets such as China, Italy, Korea, Japan UK, Australia, France, Germany, Austria, and the UAE. The move is the next phase in a global roll out for Swarovski Created Diamonds and a mark of strategic intent for the Austrian crystal house as it accelerates its expansion into the category   more
Thailand’s Ministry of Commerce Celebrates 40 Years of Bangkok Gems, Expects to Generate 3 Billion Baht in Revenue During 5-day fair
Mr. Phusit Ratanakul Sereroengrit, Director-General of the Department of International Trade Promotion (DITP), Ministry of Commerce, presided over the opening of the 68th Bangkok Gems and Jewelry Fair at the Plenary Hall, Queen Sirikit   more
Get ready to make history:
World’s biggest jewellery show returns to Hong Kong this September!
The world’s biggest jewellery fair is finally happening in Hong Kong this September, marking its first major comeback since 2019. With 3,000+ suppliers from 50+ countries and regions exhibiting in two venues, 40+ group and themed pavilions, and a high-profile events programme celebrating extraordinary individuals who represent the very best of the industry, Jewellery & Gem WORLD Hong Kong (JGW), is gearing up to deliver the sourcing experience that the buying   more
Solid Laboratory-Grown Single-Crystal Diamond Ring
Carved single-crystal diamond rings are rare, with few examples to reference (see Spring 2020 Lab Notes, pp. 132–133). But with advancing technology in the laboratory-grown diamond industry, the creation of solid faceted diamond rings is now a reality. Recently submitted to the New York laboratory was a 4.04 ct single-crystal laboratory-grown diamond ring (figure 1). The 3.03 mm thick band had an inner diameter   more
DMCC HOSTS INAUGURAL LAB-GROWN DIAMOND SYMPOSIUM TO SHAPE INDUSTRY’S FUTURE
DMCC – the world’s flagship free zone and Government of Dubai Authority on commodities trade and enterprise – hosted the world’s first Lab-Grown Diamond Symposium, during which participants discussed opportunities and challenges to shape the long-term future and prosperity of the industry. Held under the theme “Building Lab-Grown Diamonds’ Own Bright Future”, the Symposium welcomed over 230 stakeholders and industry experts including growers, manufacturers, retailers and financial institutions. Designed as a collaborative and interactive platform enabling constructive discussions,   more
Hong Kong shines bright on global stage with pivotal return of Jewellery & Gem ASIA
Jewellery & Gem ASIA Hong Kong (JGA) successfully concluded its first big event since 2019 on 25 June, setting the stage for renewal and transformation as the industry undergoes a massive transition. In a format similar to its pre-pandemic editions, JGA, previously known as the June Hong Kong Jewellery & Gem Fair, brought together 1,688 exhibitors from 33 countries and regions, representing every facet of the jewellery supply chain. Against the backdrop of the Hong Kong   more
“RatnKanti” Empowers Diamond Industry with Impeccable Laser Facet Cutting
Mahendra Brothers Exports Pvt. Ltd. India & Diarough Botswana Pty Pioneers a New Era in Laser Facet cutting with “Ratnkanti” machine developed by Dharmaj Technologies. Dharmaj Technologies, a leading manufacturer of laser diamond cutting machinery and equipment, has announced the release of its new “RatnKanti” for Laser-assisted Faceting machine. Dharmaj Technologies is a manufacturer of Laser Diamond Processing Machinery for the cutting of natural and synthetic diamonds (Lab Grown diamonds). The Dharmaj has been serving the diamond industry for over 11 years, providing innovative and high-quality solutions to meet the   more
Lightbox Now Selling Lab-Grown Diamond Engagement Rings
Lightbox, the De Beers-owned lab-grown diamond brand that once maintained its products should be limited to “fun fashion” rather than romance, is now selling engagement rings. At press time, the Lightbox homepage spotlighted a 2 ct. lab-grown diamond solitaire engagement ring for $2,300 and a 2.5 cts. t.w. halo engagement ring for $3,000. A 1 ct. “finest” (VVS+ clarity, excellent cut, D-F color) solitaire sells on the site for $2,500. All told, Lightbox is selling 15 engagement rings styles—11 with its standard stones, four within its finest range. “We are running a small in-market test of consumer preferences in the lab-grown diamond   more
WORLD-FIRST LAB-GROWN DIAMOND SYMPOSIUM
TO BE HELD IN 2023 IN DUBAI
DMCC – the world’s flagship Free Zone and Government of Dubai Authority on commodities trade and enterprise – has announced it will host the inaugural Lab-Grown Diamond (LGD) Symposium in Dubai. Set to take place on 10 July 2023, the symposium is seen as a timely and world-first opportunity to benchmark this nascent technology-driven industry’s unique challenges and remove barriers to growth.   more
Maitri Diamonds Inc. Achieves Accreditation as a Certified Sustainability Rated Diamond Producer and Handler, Demonstrating Commitment to Sustainability
Maitri Lab Grown Diamonds, a leading diamond company, is proud to announce its accreditation as an Accredited Producer and Handler of Certified Sustainability Rated Diamonds, in accordance with the SCS-007 Jewelry Sustainability Standard - Sustainability Rated Diamond protocols. This prestigious recognition confirms Maitri Lab Grown Diamonds’ adherence to stringent sustainability requirements and showcases the company's commitment to responsible practices in the diamond industry.  more
Grower Intros New Standard for Lab Diamonds Without Rap Based Pricing
Clarity Diamond™, a premium, USA based diamond grower, in Austin, Texas, has introduced fixed SKU pricing for all lab-grown diamond shapes and sizes. This new pricing structure will allow fine jewelry retailers to order a diamond in a particular shape, in a set range of carat weights, within a range of color and clarity, at the same price, every time. By removing the price per carat (PPC) and Rap based pricing comparisons, Clarity lab-grown diamonds will remain competitive, consistent, and easy to understand.   more
IGI Certifies History Making 50.25 Carat Lab Grown Diamond
The International Gemological Institute (IGI) has analyzed and certified a 50.25 carat lab grown diamond, the first to surpass the significant “half-century” mark in carat weight. Produced by Ethereal Green Diamond LLP (Ethereal Green), this newly created gemstone represents a landmark achievement in the lab grown diamond sector. Named “Shiphra,” the 50.25 carat lab grown diamond is a Type IIa emerald cut measuring 22.95 x 18.45 x 11.57 millimeters, with G color, VS2 clarity, and Excellent cut, polish, and symmetry. The crystal from which it was polished was grown over a period of   more
IGI Certifies Largest Lab Grown Diamond to Date: 35.00 carats
The International Gemological Institute (IGI), the world’s largest independent gemological laboratory, has analyzed and graded a 35.00 carat laboratory grown diamond, the largest to date. Produced by Maitri Lab Grown Diamonds (Maitri), the new record holder was polished into an emerald cut measuring 23.37 x 15.24 x 9.06 millimeters. The Type IIa rough crystal from which it was fashioned was grown using the Chemical Vapor Deposition (CVD) process. Maitri will have the gemstone on display at JCK Las Vegas, June 2-5, booth #8123.   more
Pure Grown Diamonds Team Expands
Pure Grown Diamonds, both a leading prime grower of diamonds and an early pioneer in growing technology, has announced the appointment of a new director of national accounts. Baird Boucher, a GIA graduate, has more than 30 years of experience in the diamond and jewelry industry. He has worked with a variety of premium brands, including upmarket   more
One of world’s leading jewellery manufacturer Emerald Group picks up equity stake in Limelight Diamonds as part of a strategic alliance to manufacture & distribute CVD diamond studded jewellery globally
As an extension of an existing strategic tie-up between both the Groups, Emerald picked up an equity stake in Limelight Diamonds with an objective of establishing   more
Cupid Diamonds (GoGreen Diamonds) Makes History At The India Gem & Jewellery Awards 2023
Cupid Diamonds (GoGreen Diamonds), Mumbai, India a leading producer of Lab grown diamonds, has been recognized as the "Largest Exporters of Lab Grown Diamonds" at the India Gem & Jewellery Awards (IGJA) held on April 23rd, 2023 at the Grand Hyatt Mumbai. The award was presented to Mr. Tony Mehta,   more
Lab-Grown Diamond Market in China
In early 2016, when Martin Rapaport wrote that famous open letter to Leonardo DiCaprio, I was alerted by a group of friends to the rising prominence of lab-grown diamonds, which boast identical chemical, physical, and optical properties to those of natural diamonds. As I delved deeper into the matter, I had the privilege of meeting with a select few professionals who were well-versed in this field. It became increasingly evident to me that the traditional diamond industry was to be changed.   more
Industry welcomes duty cut for lab-grown diamonds raw material
The budget proposals aimed at encouraging the production of lab-grown diamonds (LGD) including an import duty cut for the raw material will help create a self reliant diamond industry. The Budget presented by Finance Minister Nirmala Sitharaman addressed a major concern of the LGD industry regarding the 5 percent import duty on the ‘seeds’ used in the production. The government has taken some steps towards the betterment of this completely ‘Atma Nirbhar’ industry with a lot of export potential.   more
Bharat Diamond Week
4th Edition to be Held between 6th to 8th April 2023
The fourth edition of the Bharat Diamond Week, popularly known as BDW will be held between 6th to 8th April, 2023 at the sprawling Bharat Diamond Bourse Complex Mumbai. After a hiatus due to travel restrictions and other factors affecting free trade, Bharat Diamond Bourse decided to open this important “ONLY DIAMOND” show this year promising over 125 exhibitors comprising of large and medium sized Diamond manufacturers [cut and polished] and Diamond Jewellery companies.   more
GSI appoints Pinky Jalui as EVP of Global Business Development
Gemological Science International (GSI), one of the largest gemological organizations in the world and a global leader in diamond and jewelry certification, announced the appointment of Ms. Jalui as the Executive Vice President of Global Business Development. "We are thrilled to welcome Pinky to GSI," says Debbie Azar, President and Co-Founder of GSI. "Her extensive industry experience and global perspective make her a valuable addition to GSI's global business development initiatives."   more
Union Budget 2023-24 Reaction by Shri Vipul Shah, Chairman, GJEPC
Gem & Jewellery Export Promotion Council (GJEPC) applauds the pro-reform and export growth-oriented budget by Hon. Finance Minister Smt. Nirmala Sitharaman under the visionary leadership of Hon’ble Prime Minister Shri Narendra Modi. We would like to thank Hon’ble Minister of Commerce & Industry Shri Piyush Goyal for his continuous support and guidance to the industry. In the first Budget of Amritkaal, Hon. Finance Minister has listed 7 priorities as she outlined people-centric agenda of ease of living and doing business to take on global challenges as well as for stimulating exports.   more
Valentine’s Day 2023 From the Consumer’s Perspective
U.S. consumers are excited about celebrating Valentine’s Day with 73% indicating that they will do something to celebrate. Thirty-seven percent said that they will spend more on giving gifts than they did last year. Valentine’s Day has historically been a dining out, flowers and chocolate holiday with jewelry coming in as a distant fourth. During the past 3 years of COVID, jewelry giving increased. This year’s research shows that jewelry is still a major gift category with approximately 25% of respondents planning to give fine jewelry as a gift.   more
New Technological Facility enumerated in Dharmaj Infrastructure
Dharmaj was established in February 2012 by Mr. Prakash Rakholia founder of Dharmaj Technologies, which is the foremost organization involved in manufacturing and supplying a remarkable range of Diamond Processing Machinery. Dharmaj is backed by a diligent team of professionals who hold years of experience and expertise in executing business-related activities whether Laser Diamond processing machinery regarding management or production in a fruitful manner. The Infrastructure they have is segregated into various units such as Manufacturing,   more
Lab grown Diamond sector will transform the conventional Diamond Business - Education to play a vital role
In an exclusive with Diamond Mirror, Ms Joanna Park- Tonks, President, International Grown Diamond Association talks about the importance of ‘Eduation’ in the Lab created Diamond setor. She also opines as to why the sector has to become environmentally sustainable at the earliest Excerpts:
Which are the areas that you feel "Education" is necessary in the Lab Grown Diamond sector?
The best education I believe, in any domain, is based on a set of guiding ethics, principles and values which steers   more
MAITRI LAB GROWN DIAMONDS
Achieving Highest of Quality Products through cutting edge Technology
In an exclusive with Mr. Manish Navadia,CEO, Maitri Lab Grown Diamonds, Diamond Mirror bureau got an insight on the key factors that have led to the success of the company . Excerpts:
Please tell us about the cutting-edge infrastructure and latest Technology that is being used in your factory?
Though the whole concept of Lab Grown Diamond is driven with the help of technology, we at Maitri, are working very hard to keep ourselves above the   more
Sarine Signs an MOU to Acquire a Majority Stake in New York's Gem Certification and Assurance Lab (GCAL)
Singapore Exchange Mainboard listed Sarine Technologies Ltd (“Sarine” and along with its subsidiaries “the Group”) (U77:SI; SARN.TA), a worldwide leader in the development, manufacturing, marketing and sale of precision technology products for the evaluation, planning, processing, measurement, grading and trading of diamonds and gems, is pleased to announce the signing of a non-binding MOU to purchase, subject to the usual due diligence reviews and to reaching and executing a definitive agreement, a majority share of GCAL against   more
Lab Grown Market to hit $50bn by 2030
The global lab market is set to reach almost $50bn by 2030, according to a new report by IDEX. That's an increase of almost two-and-a-half times on current estimates of the market value for 2020, of $19.3bn. For context, the total value of the retail diamond jewelry market last year was $85.5bn, according to Tacy's 2021 Diamond Pipeline. US-based Allied Market Research says growth is projected "to reach $49.9bn by 2030, registering a CAGR (compound annual growth rate) of 9.4% from 2021 to 2030". It says the highest CAGR will be among diamonds produced using the newer   more
GIA Laboratory-Grown Diamond Report - Dossier at a Lower Cost
The Gemological Institute of America (GIA), the leading gemological grading and identification organization, is now offering a lower-cost GIA Laboratory-Grown Diamond Report - Dossier. The revised report will no longer include the growth method or post-growth treatments, reducing fees for the service. For example, the revised report for a 1-carat laboratory-grown diamond will cost US$55, down from US$85. The report will continue to include the full 4Cs of Diamond Quality specifications and will now be available for laboratory-grown diamonds of 0.15 carats to a new upper range of 3.99 carats.   more
New Research Shows Global Demand for Lab-Grown Diamonds Scaling Up and Cannibalization Increasing
MVI Marketing LLC (THE MVEye), the leader in market research for the global gem, jewelry and watch industries, today announced the release of its latest study findings entitled Global Voices 2022 International Lab-Grown Diamond Consumer and Trade Market Research Report. “This research study confirms that the lab-grown diamond disruption has gone far beyond the borders of the USA and is now seeing increasing consumer demand in markets across the globe,” said Liz Chatelain, President, and co-founder of THE MVEye. “And there is certainly clear evidence that the mined diamond business   more
Trading of lab-created diamonds begins on
IDEX Network
IDEX (International Diamond Exchange) offers a live online database where members can purchase and sell any of the more than one million diamonds available. Members who trade lab-created diamonds will be given access to all of IDEX’s guaranteed diamond transaction program, including authentication   more
New Research Shows Global Demand for Lab-Grown Diamonds Scaling Up and Cannibalization Increasing
MVI Marketing LLC (THE MVEye), the leader in market research for the global gem, jewelry and watch industries, today announced the release of its latest study findings entitled Global Voices 2022 International Lab-Grown Diamond Consumer and Trade Market Research Report. “This research study confirms that the   more
Limelight CVD Diamonds open exclusive store in Kolkata
With a spectacular store in the heart of Kolkata at Forum Mall, Limelight expands its retail presence in the Eastern belt. Limelight is India’s leading brand in offering sustainable lab grown CVD diamond studded jewellery. A homegrown luxury brand with its Flagship store in Mumbai and a thriving presence across Delhi, Bangalore, Chennai, Hyderabad and 20 other cities, Limelight has been   more

Pooja Sheth Madhavan
LIMELIGHT DIAMONDS - Creating Largest Sustainable Luxury Lab Grown Diamond Jewellery Brand
In an exclusive with Pooja Sheth Madhavan, Founder & MD of Limelight Lab Grown Diamonds - the New Jeweller Lab grown diamond bureau gets to know about her fascination in Lab Grown Diamonds and key factors that have gone in behind making Limelight Diamonds achieve a leadership position in the Indian   more

Ghanshyam Bhanderi
BHANDERI LAB GROWN DIAMONDS - "India to Become a Hub for Cutting & Polishing Lab Grown Diamonds”
Mr. Ghanshyam Bhanderi, Founder Chairman, Bhanderi Lab Grown Diamonds, talks to the New Jeweller lab grown bureau on the growth of the sector. He also adds on the importance of stability in 'pricing' related to lab grown diamonds in this exclusive.   more
Launch of Diamonds Mirror India/Singapore