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: 4, Informative) by driverless on Monday November 19 2018, @01:30PM
They're not a girl's best friend, they're a vandal's best friend, with a diamond-tipped stylus you can graffiti practically anything, shop windows, polished granite walls, steel facings, you name it, it's yours for the scribbling on.