Lab-Grown Gem Industry Faces Competition From Natural Mining
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Developing
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Sources · 7 independent
“the dependence of the industry on the naturally mined diamonds is going to be less and people will be looking more towards lab-grown diamonds and that is where a big boom in the lab-grown diamond industry is going to happen.”
“lab grown has become 80% of my my diamond sales. It's just collapsed.”
“six years our natural diamonds have dropped to represent about 20% of our total diamond sales and lab grown has become 80% of my diamond sales.”
“considering the industry response to the lab-grown gems. I'm standing in an open valley. There are huge pits in front of me, pits filled with orange sandy water, men digging at the sand along the banks and others sifting, silting through the mud and the gravel.”
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