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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 bob_super on Tuesday November 20 2018, @05:09PM

    by bob_super (1357) on Tuesday November 20 2018, @05:09PM (#764295)

    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...

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