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Synthetic Diamonds - The New Era Of Diamonds

By: Shawn Willcoxon

It’s about time that the diamond industry has its fair slice of the competition. Over the years, diamonds were controlled by a powerful firm from the United Kingdom – the De Beers. The De Beers know it all too well that the industry of mined diamonds could be on the brink of extinction. This is because of the synthetic diamond, the new kind on the block. It turns out that these so-called synthetic diamonds have so much more to offer than their natural counterparts. You see, aside from being a great piece of jewelry, it has been found that diamonds also make great semiconductors. Certainly, a major success for the industry.

Synthetic diamonds, as the title alludes, is a diamond that is lab-grown. In essence, these kinds of diamonds are the result of pure carbon that is exposed to extremely high pressures and temperatures in order to come up with an almost perfect gem. The way this works is pretty much the same way that the earth does it when it created diamonds in its mantle more than 3.3 billion years back.

Pure carbon is placed into a chamber and is exposed to around 50,000 atmospheres and nearly 2,200 Fahrenheit. In a short span of a few hours to a few days, the carbon will change into a brilliant diamond. This kind of technology has brought the prices of diamonds significantly lower. Because of this, the $7 billion industry of natural diamonds is under threat. This has led the De Beers to create a subtle yet smart way to set themselves apart from their competition.

Basically, they are imprinting their logos on their diamonds so that people will know that it is the real thing and not a mere mock up. Quite frankly, this effort might be useless since synthetic diamonds have more to offer than their face value.

A lot of venture capitalists and start-ups are very intrigued in this new technology. Two companies, Gemesis, a company from Florida, and Apollo Diamond from Boston, understand just how rewarding and important this sector can be. Silicon semiconductors can only heat up to around 200 degrees Fahrenheit.

are Diamonds, on the other hand, are capable of reaching far beyond this temperature and bear no adverse effects. At this level, diamond semiconductors will be able to process speeds well above our current levels. This suggests a burgeoning industry that is waiting to be filled. Likewise, the jewelry industry will have its much needed break from the high prices of natural diamonds.

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