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China's Lab-Grown Diamonds Look Good

posted by martyb on Monday November 19 2018, @12:57PM   
from the all-that-glitters-is-not-natural-diamond dept.

canopic jug writes:

De Beers Fights Fakes With Technology as China's Lab-Grown Diamonds Threaten Viability of the Real Gems.

The South China Morning Post writes that the dominant diamond player De Beers is reacting badly to the arrival of large numbers of good, tiny, lab-grown diamonds. The synthetics challenge the widely-promoted assertion that diamond prices only go up. However, labs are now able to produce chemically identical gem-quality stones, indistinguishable by the naked eye from mined diamonds, in quantities pushing 200k carats of diamonds per month. Synthetic diamonds still only account for %1 of rough diamond sales globally, but that is expected to expand to between 7.5% to 15% by 2020.

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Original Submission

• Re:Just like fake rhino horns Re:Just like fake rhino horns (Score: 2, Funny) by Anonymous Coward on Monday November 19 2018, @04:48PM (1 child)

  by Anonymous Coward on Monday November 19 2018, @04:48PM (#763914)

  We were whispering in the darkness. The conversation touched on wildlife, poachers, and rhino horns. I asked if she would like a real rhino horn, and she said yes. But, the discerning young lady knew immediately that this horn wasn't taken from a rhino. Women are smarter than we like to give them credit for!

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• Re:Just like fake rhino horns (Score: 1) by nitehawk214 on Monday November 19 2018, @06:47PM

  by nitehawk214 (1304) on Monday November 19 2018, @06:47PM (#763961)

  But is it a diamond-tipped rhino horn?

  --
  "Don't you ever miss the days when you used to be nostalgic?" -Loiosh

  Parent