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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.

Original Submission

1. "canopic jug" - https://soylentnews.org/~canopic+jug/
2. "De Beers Fights Fakes With Technology as China's Lab-Grown Diamonds Threaten Viability of the Real Gems" - https://www.scmp.com/business/companies/article/2076225/de-beers-fights-fakes-technology-chinas-lab-grown-diamonds
3. "Original Submission" - https://soylentnews.org/submit.pl?op=viewsub&subid=30177

printed from SoylentNews, China's Lab-Grown Diamonds Look Good on 2023-05-26 12:26:35