WD Sues Diamond Growers over CVD Patents

The companies behind WD Lab Grown Diamonds have filed three lawsuits against competitors, accusing them of infringing patents for diamond synthesis and treatment.

The Carnegie Institution of Washington, a science organization, and M7D Corporation, which trades as WD Lab Grown Diamonds, took action Thursday again six companies that produce or sell diamonds made using chemical vapor deposition (CVD).

One of the complaints targets Pure Grown Diamonds (PGD) and IIa Technologies, which produces CVD goods for PGD. A second filing is against Mahendra Brothers, a De Beers sightholder, and its affiliate, Fenix Diamonds. The third suit takes aim at Altr, another lab-grown supplier, and its owner, R.A. Riam.

Carnegie invented and patented a version of CVD, known as microwave-plasma CVD (MPCVD), that can create a purer diamond because it doesn’t involve electrodes, which often contaminate the product, according to the lawsuits. It also patented a method for enhancing a stone’s visual characteristics through heat treatment at high pressure and temperature. M7D holds the license to both patents, the three similar lawsuits continued.

“The existence of the patents…are well-known in the lab-grown diamond industry, and in particular are well-known by lab-grown diamond manufacturers, importers and sellers,” Carnegie and M7D claimed.

Carnegie and M7D are seeking damages and a judgment declaring that the six companies violated their patents. The companies were not available for comment Sunday.

Source: DCLA

WD Sues Diamond Growers over CVD Patents

The companies behind WD Lab Grown Diamonds have filed three lawsuits against competitors, accusing them of infringing patents for diamond synthesis and treatment.

The Carnegie Institution of Washington, a science organization, and M7D Corporation, which trades as WD Lab Grown Diamonds, took action Thursday again six companies that produce or sell diamonds made using chemical vapor deposition (CVD).

One of the complaints targets Pure Grown Diamonds (PGD) and IIa Technologies, which produces CVD goods for PGD. A second filing is against Mahendra Brothers, a De Beers sightholder, and its affiliate, Fenix Diamonds. The third suit takes aim at Altr, another lab-grown supplier, and its owner, R.A. Riam.

Carnegie invented and patented a version of CVD, known as microwave-plasma CVD (MPCVD), that can create a purer diamond because it doesn’t involve electrodes, which often contaminate the product, according to the lawsuits. It also patented a method for enhancing a stone’s visual characteristics through heat treatment at high pressure and temperature. M7D holds the license to both patents, the three similar lawsuits continued.

“The existence of the patents…are well-known in the lab-grown diamond industry, and in particular are well-known by lab-grown diamond manufacturers, importers and sellers,” Carnegie and M7D claimed.

Carnegie and M7D are seeking damages and a judgment declaring that the six companies violated their patents. The companies were not available for comment Sunday.

Source: DCLA

UAE Authorities Arrest Traveler Smuggling Diamonds in his Gut

UAE authorities have arrested a man coming from Africa attempting to smuggle 297 grams of raw diamonds estimated at around $90,000 in his gut.

On Thursday, the Federal Customs Authority (FCA) said it received a tip-off about an African man who intends to bring the raw diamonds into the country by smuggling them through Sharjah International Airport.

The FCA, with the coordination of Sharjah’s Department of Sea Ports and Customs, took the necessary measures, and arrested the suspect as soon as he landed at Sharjah Airport. When he reached Sharjah Customs, his passport was confiscated and his bags were checked.

After carrying out an X-ray, officials discovered that the passenger had swallowed 297g of raw diamonds, which were worth around $90,000, the German News Agency reported. The diamonds were seized and the suspect was referred to the concerned authorities.

According to FCA, the suspect said he had visited the UAE on previous occasions but had never committed such a crime. But on this trip, he brought the illegal diamonds, which he purchased from the black market of an African country with the help of two other partners.

He also admitted that he intended to seek potential buyers in the UAE to purchase the diamonds without disclosing names.

Source: DCLA

UAE Authorities Arrest Traveler Smuggling Diamonds in his Gut

UAE authorities have arrested a man coming from Africa attempting to smuggle 297 grams of raw diamonds estimated at around $90,000 in his gut.

On Thursday, the Federal Customs Authority (FCA) said it received a tip-off about an African man who intends to bring the raw diamonds into the country by smuggling them through Sharjah International Airport.

The FCA, with the coordination of Sharjah’s Department of Sea Ports and Customs, took the necessary measures, and arrested the suspect as soon as he landed at Sharjah Airport. When he reached Sharjah Customs, his passport was confiscated and his bags were checked.

After carrying out an X-ray, officials discovered that the passenger had swallowed 297g of raw diamonds, which were worth around $90,000, the German News Agency reported. The diamonds were seized and the suspect was referred to the concerned authorities.

According to FCA, the suspect said he had visited the UAE on previous occasions but had never committed such a crime. But on this trip, he brought the illegal diamonds, which he purchased from the black market of an African country with the help of two other partners.

He also admitted that he intended to seek potential buyers in the UAE to purchase the diamonds without disclosing names.

Source: DCLA

Certified Diamond Insurance

Before you take out insurance on certified diamond jewellery, compare you household policy to CDI stand alone cover.

No excess, No set up costs and replacement by your original jeweler.

These are a few features of the insurance policy underwritten by certain underwriters at Lloyd’s. Lloyd’s is the world’s specialist insurance and reinsurance market.

CDI 

Certified Diamond Insurance

Before you take out insurance on certified diamond jewellery, compare you household policy to CDI stand alone cover.

No excess, No set up costs and replacement by your original jeweler.

These are a few features of the insurance policy underwritten by certain underwriters at Lloyd’s. Lloyd’s is the world’s specialist insurance and reinsurance market.

CDI 

Lucapa Unearths 117ct. Rough

Lucapa Diamond Company has recovered a 117-carat, gem-quality diamond from its Lulo alluvial mine in Angola.

The stone is the miner’s 14th over 100 carats from Lulo to date, and its first in that size category this year, it said Thursday. Lucapa found the stone in mining block 19, located between its high-value mining block 6 and mining block 8 portions of the deposit. That area was where the company recovered the 404-carat 4th February Stone, Angola’s largest diamond, which sold for $16 million in 2016.

“The recovery of this gem-quality, 117-carat diamond represents a positive start for Lulo in 2020 as we continue rolling out our plans to increase production and revenues this year,” said Lucapa CEO Stephen Wetherall.

Source: DCLA