Editor’s Note
As the debate between natural and lab-grown diamonds intensifies, we examine the industry’s shifting dynamics, sustainability claims, and what scarcity might mean for the future of these coveted gems.
As the supply of natural diamonds declines and demand rises, the chief executive officer of the Natural Diamond Council speaks about the impact of lab-grown diamonds, about responsible mining and sustainability.
He discussed the market dynamics, noting that while lab-grown diamonds have created a new, more accessible segment, they operate in a different value paradigm compared to rare, finite natural diamonds. The conversation also covered the industry’s efforts in ethical sourcing, community development, and environmental stewardship.