Lab groans: Synthetics’ price collapse offers hope for naturals

Real deal: Natural diamonds appear to be slowly recovering from their slump last year PIC MORERI SEJAKGOMO
Real deal: Natural diamonds appear to be slowly recovering from their slump last year PIC MORERI SEJAKGOMO

In January lab-grown diamond producers saw their revenues dip for the first time since their creations exploded onto the scene a few years ago. Sales are still strong, but cynics say collapsing prices confirm that the lab-growns are ‘shiny trinkets’ far removed from the real deal. Staff Writer, MBONGENI MGUNI, reports

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.

Editor's Comment
Routine child vaccination imperative

The recent Vaccination Day in Motokwe, orchestrated through collaborative efforts between UNICEF, USAID, BRCS, and the Ministry of Health, underscores a commendable stride towards fortifying child health services.The painful reality as reflected by the Ministry of Health's data regarding the decline in routine immunisation coverage since the onset of the pandemic, is a cause for concern.It underscores the urgent need to address the...

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