World's Biggest Bourse set to Lift Lab-Grown Ban

By John Jeffay / December 27, 2020 / www.idexonline.com / Article Link

(IDEX Online) - The Bharat Diamond Bourse, in Mumbai, is poised to lift its 2015 ban on trading lab-grown diamonds.Members of the world's largest diamond hub are expected to approve the proposal at the bourse's annual general meeting tomorrow (28 December).Many have diversified into lab-growns since the Bharat Diamond Bourse (BDB) ban was introduced, and feel that technology now allows a more straightforward and effective separation between natural and lab-grown gems.The ban was brought in to prevent the mixing of lab-growns with natural diamonds by unscrupulous diamond merchants - seen at the time as a genuine threat to the trade of small and melee diamonds. Anoop Mehta, president of the BDB, has previously indicated that  technological advances now make it very easy to differentiate.Last week he told the Times of India: "The majority of the board members and trade people are in favour of allowing the trading of lab-grown diamonds".By contrast, in September 2019 the Federation of Belgian Diamond Bourses introduced a full ban on lab-grown diamonds in its four trading halls.

Recent News

Gold stocks outpace flat large caps

January 19, 2026 / www.canadianminingreport.com

TSXV gold producers' output growth for Q4/25 mixed

January 19, 2026 / www.canadianminingreport.com

Rising metals price volatility over past month

January 12, 2026 / www.canadianminingreport.com

Gold stocks surge ahead of equities on metal price gain

January 12, 2026 / www.canadianminingreport.com

Base metals outlook for 2026 opaque after decent rise last year

January 07, 2026 / www.canadianminingreport.com
See all >
Share to Youtube Share to Facebook Facebook Share to Linkedin Share to Twitter Twitter Share to Tiktok