Their Beginnings
Since the late 1800s, scientists globally endeavored to replicate diamonds in laboratories. The breakthrough occurred in 1955 when General Electric successfully produced the first diamond. However, these diamonds were small and of low quality. It was only in recent years that technological advancements reached a level capable of creating larger, high-quality gem diamonds in laboratories.
Both mined and lab-grown diamonds are formed through the same process involving heat and pressure; the distinction lies in the time frame, with nature accomplishing this naturally over an extended period.
Pricing
The most remarkable distinction between lab-grown diamonds and mined diamonds lies in cost. Lab-grown diamonds are approximately 75% less expensive than mined diamonds, and this variance isn't attributed to differences in quality. The substantial cost difference results from the healthy competition within the lab-grown diamond industry compared to the unhealthy monopolies prevalent in mined diamonds.
The Grading Process
Both lab-grown and mined diamonds undergo evaluation using the identical grading system, commonly referred to as the 4Cs: Color, Clarity, Cut, and Carat. The origin of this grading system can be traced back to Robert M. Shipley, the founder of the Gemological Institute of America (GIA). Presently, this standardized grading process is universally applied to all diamonds, irrespective of whether they are lab-created or mined from the earth.
Ethical Vs. Unethical
In our perspective, the most significant and valuable distinction between lab-grown and mined diamonds revolves around ethics. This is the primary reason why we exclusively focus on lab-grown diamonds and refrain from dealing with mined ones.
Regrettably, the diamond mining industry is widely recognized for its detrimental impact on both people and the environment. The extraction of conflict diamonds involves the loss of countless lives, affecting not only the miners but also their children, families, and the broader community. Regardless of conflict association, the extraction of any mined stone necessitates an astonishing volume of earth displacement. To provide a rough estimate, consider 250 tonnes of dirt/ore per 1 carat of gem-quality diamond. Enormous amounts of earth are moved to bring forth even a small stone.
This destructive process, involving earth explosions and extensive dirt/ore displacement, results in a reckless release of substantial carbon emissions. It leads to irresponsible pollution in the atmosphere and our delicate ecosystems, affecting lakes, aquatic life, air quality, and more. Additionally, it causes irreversible contamination of drinking water sources in some of the most vulnerable regions on earth. When engaged in the Ethical versus Unethical debate, we approach our stance with utmost seriousness.