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Yale University has tapped the AGL founder to chair the advisory board overseeing a major expansion of the gem and mineral exhibit at the school’s historic Peabody Museum.
The purpose of the new International Grown Diamond Association is to represent the lab-grown diamond industry and promote the stones as a “new choice,” organizers said.
Surat facility
Located in Surat, the 500,000-square-foot facility will help the company streamline its manufacturing process, Kiran said.
Diamond production fell by double-digit percentages in both the fourth quarter and full year for De Beers, as the company has scaled back operations due to muted demand worldwide.
Though the company said the stone is not of high quality, its discovery underscores the potential for more big finds.
IIa Technologies, sister company to Pure Grown Diamonds, is refuting claims of patent infringement made by De Beers subsidiary Element Six.
Though the company did not provide details on its plans, CEO Philippe Mellier said more marketing is needed to stimulate demand in what’s expected to be a “volatile” year. 
The mining company ramped up operations at Argyle, which is known for producing pink and brown diamonds.
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