GOOD VS BAD ABOUT LAB DIAMONDS
- There is no need for mining. The damaging effect of mining on the earth and humans can be visibly seen and felt from the increase in soil erosion to the contamination of the groundwater to the disintegration and destruction of the various organism inhabiting the soil, to the abuse of minors, as underage workers are used in some of these mines, to the poor treatment given to miners as their welfare is barely catered for, to the consistent threat of mine pollution and collapse which has taken the lives of many miners. The list goes on and on. In short words, “mining is risky.” All of the aforementioned does not happen and would never happen in lab-grown diamonds.
- Lab diamonds are environment friendly. Lab-grown diamond poses minimal threat to the environment as explosives and machinery that wreak havoc on the environment are not used. They are created without leaving behind huge mineral waste, as is seen in the case of natural diamonds.
- Lab diamonds are less expensive. Lab diamonds have the same physical and chemical properties as the diamond sourced from the ground, and they look the same in appearance, no difference. But lab-grown diamonds are cheaper despite still giving you that premium look and feel because there is no long supply chain that increases its cost.
- Customizable. Lab-grown diamonds can be manipulated during production to suit the design, purpose, and needs of the client. Giving the client more value and satisfaction for his money.
- Loss of employment for many. Mining of diamond serves as a means of livelihood for miners and those in the host community where these diamonds are being mined. With the advancement of lab-grown diamonds, these individuals would lose their source of income and revenue as there might be limited/reduced demands for diamonds sourced from the earth.
- Little resale value. Lab-grown diamonds are becoming easier to produce and are readily available, as there are no limitations in its supply chain; these impacts negatively on it, as the price and resale value continue to depreciate. Most jewelers won’t buy lab-grown diamonds because of their minimal resale value or market value.
- Misconceptions. Due to the various misconceptions about lab-grown diamonds, it is not yet universally accepted. Once the term “lab-grown” is heard, individuals tend to see the diamond negatively and would likely not buy it, as they feel its fake.
- Power consumption. For lab-grown diamonds to be made, the amount of pressure and heat needed is similar to the eruption of a volcano. Both the HPHT (high-pressure, high temperature) method and the CVP (Chemical vapor deposition) method require a massive amount of power consumption before lab-grown diamonds can be made. These raise questions over the sustainability of the methods and the resultant emission of CO2.