I heard once that even if DeBeers stopped all diamond mining activity, their existing stockpile would last for a 100 years or more.
South African diamond mines are closing due to weak sales and lab-grown stones
11–20 of 176 posts
Re: South African diamond mines are closing due to weak sales and lab-grown stones
#12uplifting news of the day right there
Re: South African diamond mines are closing due to weak sales and lab-grown stones
#13Hope to see these headlines some day for the meat industry
If we can replace the taste, appearance, and texture of a medium-rare rib eye with lab grown meat at a substantially cheaper price, we will.
Agree, as long as it's meat. Lab grown meat from cells is meat.
The reason impossible never worked was becuase it wasn't meat.
Very few people are going to trade meat for soy and vegetables
Re: South African diamond mines are closing due to weak sales and lab-grown stones
#14> Demand for engagement rings gave thousands of South Africans steady work at De Beers. Now, weak sales and lab-grown stones are taking it away.
So wait, on this Labor Day weekend, it sounds like the WSJ is pro-worker, but only if they're in South Africa?
Re: South African diamond mines are closing due to weak sales and lab-grown stones
#15Hope to see these headlines some day for the meat industry
If we can replace the taste, appearance, and texture of a medium-rare rib eye with lab grown meat at a substantially cheaper price, we will.
>substantially cheaper price
why substantially cheaper? Break-even would be fine too, no? And as a plus, lab-grown meat is much more ethical.
I also think that replacing 'cheap' meat like ground beef would already be sufficient and would make a huge impact, there is really no need make it difficult for ourselves and try to replace rib-eye.
Re: South African diamond mines are closing due to weak sales and lab-grown stones
#16Earlier quoted context omitted.
If we can replace the taste, appearance, and texture of a medium-rare rib eye with lab grown meat at a substantially cheaper price, we will.
>substantially cheaper price why substantially cheaper? Break-even would be fine too, no? And as a plus, lab-grown meat is much more ethical. I also think that replacing 'cheap' meat like ground beef would already be sufficient and would make a huge impact, there is really no need make it difficult for ourselves and try to replace rib-eye.
I don't think most people are going to grab lab grown out of the grocer fridge if normal beef is available for the same price. I know I would not. But if its 25% cheaper I'm happy to try it
Re: South African diamond mines are closing due to weak sales and lab-grown stones
#17How will we survive without the safe and wholesome diamond mines? I guess we'll all have to be okay with the much superior and cheaper lab diamonds...
The picture subtitle says everything that needs to be said about this: "Miners like De Beers have positioned diamonds as synonymous with love and devotion."
Scumbags.
Re: South African diamond mines are closing due to weak sales and lab-grown stones
#18Brutal news for Botswana which was really breaking new ground in raising Sub Saharan living standards. 30% of their GDP and a huge portion of government revenues are diamond exports. And they had gotten to 100% formalized and child labor free supply lines
Re: South African diamond mines are closing due to weak sales and lab-grown stones
#19[dead]
Re: South African diamond mines are closing due to weak sales and lab-grown stones
#20I heard once that even if DeBeers stopped all diamond mining activity, their existing stockpile would last for a 100 years or more.
That’s not even close to being true.