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Some millennials and Gen Zers are proudly showing off their lab-grown diamonds on social media, stating their choice to ditch natural diamonds formed in the Earth’s crust is for sustainability ...
The huge diamond is steeped in history and controversy over how it came to be in the possession of British royalty
The huge diamond is steeped in history and controversy over how it came to be in the possession of British royalty. Skip to main content. News. 24/7 help. For premium support please call: ...
Production from Marange is controversial due to ongoing legal wrangles and government crackdowns on illegal miners and allegations of forced labour. In terms of carats produced, the Marange field is the largest diamond-producing project in the world, estimated to have produced 16.9 million carats in 2013, or 13% of global rough diamond supply.
The mining and distribution of natural diamonds are subjects of frequent controversy such as concerns over the sale of blood diamonds or conflict diamonds by African paramilitary groups. [131] The diamond supply chain is controlled by a limited number of powerful businesses, and is also highly concentrated in a small number of locations around ...
Martin Rapaport is the chairman of the Rapaport Group and founder of the Rapaport Diamond Report and RapNet, an online diamond trading network. [1] Known for his influential role in the diamond industry, Rapaport has been both a pioneer and a controversial figure, advocating for price transparency, ethical sourcing, and the commoditization of diamonds.
Some high-end fine jewelers have gotten on board with the trend. In 2023, jeweler Jean Dousset, the great-great-grandson of Louis Cartier, opened a showroom with “designer” lab-grown diamonds ...
In the paradox of value, it is a contradiction that it is cheaper than diamonds, despite diamonds not having such an importance to life. The paradox of value, also known as the diamond–water paradox, is the paradox that, although water is on the whole more useful in terms of survival than diamonds, diamonds command a higher price in the market.