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

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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  • (Score: 2) by exaeta on Monday November 19 2018, @07:04PM

    by exaeta (6957) on Monday November 19 2018, @07:04PM (#763969) Homepage Journal

    Lab grown diamond is real diamond. Synthetic diamond is real dimaond. Did you mean natural instead of real? Because synthetic diamonds are every bit as real as natural ones.

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    The Government is a Bird
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