Lab groans: Synthetics’ price collapse offers hope for naturals
Friday, February 16, 2024 | 1120 Views |
![Real deal: Natural diamonds appear to be slowly recovering from their slump last year PIC MORERI SEJAKGOMO](https://cdn4.premiumread.com/?url=https://www.mmegi.bw/mmegi/uploads/images/2024/02/16/100355.jpg&w=800&q=72&f=jpg&t=1)
Real deal: Natural diamonds appear to be slowly recovering from their slump last year PIC MORERI SEJAKGOMO
Too much of a good thing? Or from the perspective of some natural diamond producers, good riddance to bad rubbish?
The latest data coming out of the retail jewellery sector indicates that lab-grown diamonds are facing their moment of truth, a crash in prices so deep that their even soaring sales are unable to prevent a squeeze on revenue.
The BDP as a party known to have ample resources has always held its primaries well in time, but this time around that was not the case. The first leg of the primaries was held last weekend, with the final leg being billed for the coming weekend. This time around, the BDP failed to shine in its primary elections. The elections were chaotic; most if not all polling stations didn't open at the specified time of 6am. Loyal BDP members braved the...