DiamondBuzz
RJC Introduces New Laboratory Grown Materials Standard
The Responsible Jewellery Council (RJC) has unveiled its new Laboratory Grown Materials Standard (LGMS), marking a significant step towards ethical and sustainable practices in the growing sector of laboratory-grown diamonds and coloured gemstones. As the jewellery and watch industry evolves, this new standard sets a clear benchmark for responsible sourcing and production in these emerging markets.
With consumers becoming increasingly conscientious, laboratory-grown diamonds and gemstones are gaining popularity, offering a more ethical and sustainable alternative to mined stones. The LGMS establishes comprehensive guidelines for RJC members working with these materials, ensuring that every product is crafted with care for both people and the planet.

Dave Meleski, Chairman of the Responsible Jewellery Council, stated,
“Our mission at RJC is to promote responsible business practices across the jewellery sector—from the mine or laboratory to the retail space. With the LGMS, we’re not just establishing a standard, we’re creating a vision for a future where elegance and ethics coexist. We believe that whether a diamond is mined or lab-grown, it can be celebrated without compromising our core values.”
The LGMS covers all facets of responsible business conduct, including legal compliance, management systems, due diligence, human rights, labour rights, health and safety, environmental management, appraisal and grading, and disclosure.
John Hall, interim Executive Director of the RJC, added,
“Our goal is to create an environment of trust where both buyers and sellers can engage with confidence. By implementing the LGMS, we ensure that best practices are upheld from the laboratory to the consumer.”

To support this mission, the LGMS places a strong emphasis on robust company management systems to guarantee responsible and transparent supply chains. Each RJC member must document and implement technical requirements that impact all stages of the process. This helps to mitigate risks, improve working conditions, benefit local communities, and maintain the integrity of every lab-grown gemstone. Transparency throughout the supply chain is key to fostering trust, ensuring that consumers can make well-informed purchasing decisions.
For the first year following its launch, the LGMS will be voluntary for existing RJC members. After this initial phase, it will become mandatory for all members working with laboratory-grown materials. This gradual transition will give members the time and resources they need to meet these essential standards.
In addition, the RJC will offer optional training, educational modules, and simplified auditing processes, making it easier for members to comply with both the LGMS and the existing Code of Practices (COP).
With the introduction of the LGMS, the RJC is making responsible luxury the standard, not the exception, in the watch and jewellery industry. Through its LGMS, COP, and COC, the RJC reaffirms its role as the leading authority in setting industry standards.
DiamondBuzz
Diamond Slump forces Debswana to diversify into copper, platinum and solar
Diamond-centric mining models is giving way to broader resource portfolios
Debswana Diamond Company, the 50–50 joint venture between the Botswana government and De Beers, is moving to diversify into copper, platinum and renewable energy as the prolonged downturn in natural diamond demand pressures earnings and forces the industry to rethink its growth strategy.
The company’s board has approved plans to invest in a portfolio of non-diamond projects after revenue fell 46% in 2024, the latest available financial year, highlighting the scale of the downturn in the global diamond market.

The move signals a strategic shift toward commodities with stronger long-term demand fundamentals, particularly copper, which is central to global electrification and energy-transition infrastructure.
Debswana’s diversification reflects a broader industry pivot as diamond producers confront weak consumer demand, rising competition from lab-grown stones and elevated inventories across the supply chain.
The shift is also visible among smaller exploration companies. Botswana Diamonds recently rebranded as Botswana Minerals, signalling its own strategic focus on copper exploration rather than diamonds.
Together, these moves underscore a growing consensus across the sector: the era of diamond-centric mining models is giving way to broader resource portfolios anchored in energy-transition metals.
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