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.
(Score: 2) by bob_super on Tuesday November 20 2018, @05:09PM
We need a study, because I suspect that a colorful red/green/blue rock might look bigger on an Asian child's hand, but a whitish rock might just be better magnified by a background of black severed fingers...