Is the diamond industry losing its sparkle?

The Current

We've all heard the saying, diamonds are forever. That’s meant for the natural stone, but turns out lab-grown diamonds are also forever — and that is pushing the industry into a crisis, causing significant price drops in natural diamonds. So, what’s the future of the diamond industry in Canada and beyond — and what this shift to lab-grown diamonds mean for countries like Botswana where the health of the economy is tied to the health of the industry: We talk to Casey Hetman, a geologist, and a corporate consultant at SRK, an international mining consultancy firm, and Timothy Puko, Commodities Director at the Eurasia Group, covering metals and mining for the firm's Energy, Climate & Resources team.