GREY:PGDIF - Post by User
Post by
peachbananaon Mar 12, 2015 2:43pm
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Post# 23514918
Synthetics
SyntheticsNobody else seems to have mentioned this, so I thought I'd jump in.
Turning Chidliak into a diamond mine is going to be a race against the clock. At some point in the next decade or two, the demand for diamonds is going to exceed the supply by so much that consumers will be more willing to purchase synthetic substitutes -- and DeBeers would be foolish not to jump in with their own synthetics to claim a share of that market. Once they go over,
(As a side note, I think the PGE spin-off might be how Friedland and friends get to explore other resources.)
https://elibrary.acbfpact.org/acbf/collect/acbf/index/assoc/HASH015e.dir/synthetic.pdf
https://www.bloomberg.com/news/articles/2015-03-05/diamond-miners-meet-in-private-to-discuss-rise-of-fake-gems