3 BILLION YEARS AGO
Carbon begins to evolve under extreme heat and pressures.
800 B C
World’s love of diamonds had its start in India.
1330
With new trading routes open, the first major diamond cutting industry begins in Venice, Italy.
1400
Diamonds were becoming fashionable accessories for Europe’s elite.
1477
Archduke Maximillian of Austria presents Mary of Burgundy with a diamond engagement ring.
1550
Belgium, because of its unique location, becomes a diamond cutting and trading center.
Started the race to create the first synthetic diamond, though unsuccessful.
1879
The Kimberly Mine is discovered in South Africa, marking the beginning of large scale diamond mining.
The earliest CVD attempts were in 1879 by James Ballantyne Hannay and in 1893 by Ferdinand Frédéric Henri Moissan.
1905
Cullinan diamond weighing 3,106.75 carats found in South Africa.
1919
Marcel Tolkowsky publishes a thesis on the proportions for creating the ideal round brilliant cut diamond.
1931
The Gemological Institute of America (GIA) is founded by Robert M. Shipley.
General Electric assembled a team to advance diamond synthesis techniques.
1947
DeBeers coins the phrase “A Diamond Is Forever”, ushering in a new "era" in diamond buying.
1950
The universal diamond grading system, known as the 4 C’s is introduced by the GIA.
Patent for CVD (chemical vapor deposition) process patent issued.
HPHT success by GE to grow gem-quality diamonds for the first time, using seeds of Natural diamond.
1975
the International Gemological Institute (IGI) was established in major diamond trade cities.
1998
Major diamond mining begins in North America in the Ekati mine located in Canada.
In 1999, GE developed an HPHT treatment to improve the color of white diamonds.
2003
Conflict diamond started, backed by the war between 1991-1999 claimed over 75,000 lives, caused 500,000 Sierra Leoneans to become refugees.
2006
Around $125 million worth of Mined diamonds were illegally exported from Sierra Leone
WD Lab Grown diamonds was founded. It has the exclusive license of CVD diamond growing technology.
2008-2009
One of the biggest financial and banking crises of all time, diamond prices declined by about 16,5% on average.
A study revealed that Alrosa and De Beers holds majority of the world’s diamond production share, totaling 28 percent and 25 percent, respectively.
"De Beers admits defeat over man-made diamonds" and launches Lightbox - A lab grown diamond jewelry company.
The Federal Trade Commission (FTC) has expanded its definition of “diamond” to include those grown in a laboratory,
It is estimated to reach 1.5 million carats in 2020, India set to become a major hub of Lab-Grown diamonds.