Diamonds are plunging in value around the world. Is China to blame? (www.scmp.com)

submitted 5 months ago by yogthos@lemmygrad.ml to c/worldnews@lemmygrad.ml

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[-] willxkuzunoha@lemmygrad.ml 42 points 5 months ago* (last edited 5 months ago)

When people don't want to buy expensive blood diamonds sourced from the Rwandans waging a war of looting in the eastern Congo

[-] LeniX@lemmygrad.ml 33 points 5 months ago

I'd say "praise" rather than "blame", but hey...

[-] knfrmity@lemmygrad.ml 29 points 5 months ago

Synthetic alternatives that are 90% cheaper and can only be differentiated from naturally occurring diamonds by supply chain tracing. There's literally no detectable physical difference.

[-] Joncash2@lemmy.ml 6 points 5 months ago

That's not entirely correct. Because man made diamonds have a perfect cuboid structure that rarely occurs in nature, a diamond at the sizes man made diamonds are can be detected. Essentially they're too perfect at a molecular level. So there are labs that can determine the difference. Though, saying the difference is because man made is better isn't a great selling point.