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troyunrau@lemmy.ca

The natural diamond industry is getting rocked. You can thank the lab-grown variety for that | CBC News (www.cbc.ca)

submitted 1 week ago by troyunrau@lemmy.ca to c/mining@lemmy.ca

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As consumers have grown less worried about whether their diamonds are mined or made, many have turned to cost-friendly lab grown diamonds. And that’s having a big impact on the diamond mining industry — including for Canada.

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[–] shalafi@lemmy.world 6 points 1 week ago

Happy the author included the distaste and rejection by millennials and younger. We Xers were wholly ignorant of the "blood diamond" aspect and best we could fake was absolutely worthless cubic zirconia. That was a burn back in the day, "LOL, is that zirconia?" OK, lab diamonds existed, but they were prohibitively expensive.

For those saying diamonds aren't rare, jewelry-grade diamonds are rare. And yes, real stones have a certain "pop" to them vs. fakes. (I'm not including lab diamonds here.) Remember talking to my ex-wife's rich friend at the beach one day and noticing her jewelry was simple yet striking. Thought, "This woman is casually wearing $30,000 worth of emeralds in public!" Yes, she was rich, husband was a neurosurgeon, but she worked for a living none the less (nurse). LOL, she shopped thrift stores for shoes.