De Beers is building a synthetic diamond plant in Oregon. Planning for diamond supply problems in the future? Who knows.
Link: https://www.opb.org/news/article/synthetic-diamond-factory-gresham-oregon-de-beers/
If they confiscate diamond mines, blow them up and turn out the lights.
If De Beers released all the diamonds they have locked away, diamonds would be worth as much as cut glass. Creating synthetic diamonds is another way to flood the market with cheap, worthless ‘diamonds’.