Rosy Blue group denies buying/distributing laboratory grown diamonds

The Rosy Blue Group clearly stated that it is neither buying nor distributing laboratory grown diamonds. 

It refused to have mixed laboratory grown diamonds with natural diamonds while selling them on as parcels consisting entirely of natural diamonds.

Protecting consumer confidence is top priority

official site: www.rosyblue.com/ 

6/13/2007 by Diamond World News Service found at diamondworld.net 

According to the firm "As a founding member of the Council for Responsible Jewellery Practices and adherents to the Diamond Trading Company’s Best Practice Principles as well as Rio Tinto Diamonds’ Business Excellence Model, the Rosy Blue Group considers responsible behaviour and protection of consumer confidence to be top priorities."

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Rosy Blue CEO: 'Absolutely' No Synthetics in Our Parcels

By Avi Krawitz 06/13/07 found at diamonds.net 

Rihen Mehta, Director, Rosy Blue

Polished diamond manufacturer Rosy Blue has vehemently denied that its parcels contain synthetic diamonds, responding to rumors circulated in India's marketplace for the past two months.

"We know that the rumor started in India and subsequently people have added spice to it, saying that we are buying synthetic diamonds, manufacturing them and mixing them with our product," the company's CEO, Dilip Mehta, told Rapaport News. "We did not pay attention to the rumors for the first four to six weeks, but they have continued so we thought it was about time we put the record straight."

Mehta stressed that the Antwerp-based Diamond Trading Company sightholder adhers to the strictest auditing practices – receiving both internal and external checks to its manufacturing processes, which, he said, the company was satisfied with.

"To start off, we don’t buy synthetic diamonds to polish them," he said. "So, if you start at the origin, it's all about natural diamonds, and that is what we keep to."

Mehta cautioned, however, that the market was susceptible to companies mixing lab-grown diamonds with the natural product, particularly with small, fancy yellow stones.

"The rumor has been out there for the past two-to-three-years that there have been products with a mixture of natural and synthetic diamonds," he explained. "Some of the labs have seen it. I'm not aware of how widespread it is, but there has been a constant concern about very small yellow size diamonds coming from unknown sources."

"That is absolutely not the case at our company," he added.