GJEPC will focus on demand generation for diamonds and jewellery in the next two years

Mr. Vipul P Shah, Vice Chairman, GJEPC and also CEO & Managing Director of Asian Star Co. Ltd. has a rich experience in the diamond industry. His business acumen and professional conduct have contributed significantly in transforming a diamond manufacturing...

13 july 2020

The need for significant capital investments will be the main trend in the diamond mining industry in 2021-2030

The prospects of the diamond industry in the post-crisis period are discussed by the Rough&Polished correspondent with Sergey Mityukhin, Candidate of Geological and Mineralogical Sciences, Honored Geologist of the Russian Federation.

06 july 2020

Young Diamantaires: We create initiatives for the benefit of diamond communities worldwide

The World Federation of Diamond Bourses recently launched its Young Diamantaires website. The organization has worked for the past four years with young members of the diamond community all over the world to create a platform through which they can express...

29 june 2020

Those who implement the right anti-crisis strategies have more chances

It is not surprising that because of the pandemic and the crisis, the most heated debate in the jewellery industry is about what is happening and the possible ways of survival. Irina Slesareva, an expert, art director of the Russian Diamond Line contest...

22 june 2020

The secondary diamond market in Russia is not mature although its prospects are huge

Pavel Barannik, the founder and head of the Moscow Gemological Laboratory, the founder of the Gemological Institute and President of the Moscow Diamond Club, graduated from the Gemological Institute of America (GIA). He is an expert and consultant...

15 june 2020

Synthetic diamond manufacturers clash over patents

03 june 2020

Image credit: 12295263 (Pixabay)

The lawsuit between the companies producing synthetic diamonds is subject to further consideration, since there are sufficient grounds for litigation regarding the methods of production and processing of stones. This decision was made by an American judge.
According to jewellermagazine.com, in January this year, the American company WD Lab Grown Diamonds, along with the research organization The Carnegie Institute of Washington, filed a lawsuit against six other companies that grow diamonds in the laboratory.
It was alleged that these companies infringed two patents. One of them was associated with the production of diamonds by the chemical vapour deposition (CVD), the other a type of high-pressure, high-temperature (HPHT) post-growth treatment. Singaporean IIa Technologies and its subsidiary Pure Grown Diamonds, as well as the American Fenix ​​Diamonds, which produces laboratory-grown diamonds for Australian jewelry company Michael Hill International, and its Indian subsidiary Mahendra Brothers, were named as defendants.
The agency says that in a judgement handed down last month, Judge Jed Rakoff ruled that the case could proceed. According to him, it was “at least plausible” that the companies had infringed the patents “based on the allegations that defendants’ diamonds could not be of the type and quality claimed unless produced through infringing methods”.
In February, the Singapore High Court ruled that IIA Technologies infringed a patent held by De Beers Element Six, also a producer of chemical vapor deposition stones. Element Six began litigation against IIA Technologies in 2016.

Alex Shishlo, Editor of the Rough&Polished European Bureau