This is interesting in light of pretty much everybody's agreement that economically recoverable gem diamond reserves have mostly been found and production of na

This is interesting in light of pretty much everybody's agreement that economically recoverable gem diamond reserves have mostly been found and production of naturals will plateau around 2020, followed by an irrevocable decline. [1] I think De Beers is looking at a revenue/margin maximization endgame. I wouldn't be surprised to see Anglo American sell De Beers off within a couple of years. And the price of synthetics compared to equivalent quality/weight naturals will continue to fall. Synthetic/natural prices are now ~70%, whereas a little over a year ago, they were ~90%. Hydrogen, methane and microwaves are much cheaper than titanic mines. [1] https://www.economist.com/international/2017/02/25/a-report-from-de-beerss-new-diamond-mine https://www.economist.com/international/2017/02/25/a-report-...