this post was submitted on 13 Nov 2023
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The Diamond World Takes Radical Steps to Stop a Pricing Plunge (www.bloomberg.com)
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[–] gravitas_deficiency@sh.itjust.works -1 points 2 years ago* (last edited 2 years ago)

Lab grown diamonds are cheaper, completely ethically created, and can be made to a higher level of purity and quality than naturally occurring diamonds, since they are created under highly specific laboratory conditions.

Seriously: terrestrial diamond mining should be made illegal, now that we can make industrial and jewelry diamonds (as well as many other gemstones) at a higher average quality and far lower cost than those found in nature. But it won’t be, because a few people with far too much money invested in Diamond mining won’t let it happen, and they’re not afraid of orchestrating a coup or three if they think it’ll get them what they want.