Friday 28 August 2020

Conflict Free Diamonds

 

Everyone has been discussing conflict free Diamonds for quite some time and the topic has been very hot in recent years. Even more so now due to the fact that the best and truest conflict free Diamonds are Lab Created Diamonds. Young buyers have become increasingly concerned with the social and environmental impact that naturally mined Diamonds have and are actively searching for alternatives.

Since the introduction of the Kimberly Process the Diamond Industry has seen less and less conflict Diamonds however there has yet to be a measure put in place to ensure no conflict Diamonds make it through to sale.

This taken from the Kimberly Process website…“The Kimberley Process (KP) unites administrations, civil societies, and industry in reducing the flow of conflict diamonds - ‘rough diamonds used to finance wars against governments’ - around the world.”

Lab Created Diamonds are true conflict free Diamonds as they are grown not mined. This instantly eradicates the environmental impact (which is significant) with mined Diamonds. It also means they cannot be used to fuel slave and child labour in war torn counties and places of civil unrest.

The most common question after this brief explanation is usually… “What is the difference between a natural Diamond and a Lab Created Diamond?” The short answer is not much. The way they are formed is of course drastically different. Natural Diamonds formed naturally in the Earth over millions of years under extreme pressure and heat. Lab Created Diamonds on the other hand are helped along with technology. Usually by taking a small Diamond particle and growing it much faster in a Lab.

So besides the social and economical benefits of choosing a Lab Created Diamond why else should you look into this alternative? As they are virtually the same in chemical property, hardness and also look and feel they in essence are exactly the same. There is also the added benefit of price. Lab Created Diamonds can save you up to 60% of the cost of a naturally mined Diamond. Considering they are grown and not mined the cost to produce them is far less and they are able to be produced more quickly (around 30 days).

Considering the latest global impact of COVID19 many young buyers have been searching for a more cost effective and environmentally friendly option. There are a few retailers now looking into these options with some leading the way. If searching for Lab Created Diamonds Sydney either online or instore you cant go past I Heart Diamonds. They specialise in Genuine and Lab Created Diamonds giving their clients to option. Their Diamonds come fully certified and the best part can be set in a custom design or in one of their many settings you can build online. They ship across Australia and even internationally, so if looking for a great place to start for honest and knowledgeable advice you might want to check out www.iheartdiamonds.com.au.

With the price of Gold and the uncertainly across the globe it’s a good idea to start thinking about the best options for you.

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