- Lab-Grown Diamonds Called Conflict-Free and Blood-Free Diamonds due to the constant rise in the use of lab-grown diamonds suggests that they will soon replace mined diamonds completely. The man-made hard stones are being used for both industrial and jewelry purposes as they are economical as well as better looking. The creation of lab-grown diamonds takes significantly less time and consumes much less power than it takes to mine. Several diamond business leaders have understood the value of lab versions and have started accepting them as equal to natural versions.
Understand why lab-grown diamonds are known as conflict-free or blood-free diamonds?
- To understand why lab-grown diamonds are known as conflict-free or blood-free diamonds, we need to dive into the history of these sparkling stones. According to most theories, man first came across diamonds in the land of India around the 4th century BC. Most natural diamonds have ages between 1 to 3.5 billion years and were formed at depths between 150 to 250 kilometers inside the Earth’s mantle.
- For hundreds of years, diamonds were used as currency and a symbol of power. It wasn’t until 1074 when the queen of Hungary had her crown decorated with diamonds, that the stones were used as a form of jewelry. Well, the journey of diamonds reached a horrible point when people started using them to fund wars!
- The definition for the term ‘Conflict-Diamond’ or ‘Blood-Diamond’ is stones that are mined in hostile environments and sold to fund as well as encourage violent acts, war operations, or conflicts. The main regions where such practices take place are Angola, Ivory Coast, Sierra Leone, Liberia, Guinea, and Guinea Bissau. These areas come under Central and West Africa. The issue of conflict diamonds has been acknowledged and addressed by several governments in the United Nations.
- As governments, NGOs, and key industry players engaged in negotiations under the Kimberley Process, a voluntary global agreement came into effect leading to a substantial decline in the illicit diamond trade. Though, reports suggest 90% of mined diamonds are blood-free, there is still 1% or more that is being illegally exchanged. The rebel groups reap around $6 million annually selling conflict diamonds. The use of child labor and in-human behavior with miners adds to the misery attached to these sparkling gems.
- Moving on, to ensure that the market only consists of conflict-free diamonds, it has become very important for all big players to opt for lab-grown stones. They are formed under intelligent supervision and in a clean as well as a safer environment. The creation of such diamonds does not exploit any human rights and the money obtained after selling them is not used to fund wars against the system.
- The man-made diamonds are called blood-free diamonds as their production leads to no harm. According to a recent study, the market of conflict-free gemstones is estimated to garner $30 Billion by the end of 2025. The Asia-Pacific region is seemingly the largest market for lab-generated diamonds and is expected to maintain its dominance in the future. Consumers around the world are now aware of the atrocities that take place while mining and thus are inclining towards human-made diamonds.
- If you are looking to buy a lab-grown diamond or sell your collection, visit LGDTrade (lgdtrade.com). One of the best platforms to trade cruelty-free diamonds across the planet. It can be used by licensed sellers to increase their sales exponentially as they can showcase their stones to millions of buyers.
- On the other hand, a customer can find the ideal non-conflict diamond for their jewelry. This platform has amazing tools on offers for both buyers and sellers to go through their tasks seamlessly. Get on board today and enjoy the power of online diamond trading. This site is made by a dedicated team to serve all!
