Facebook Twitter Instagram
    Login Sunday, August 14
    Facebook Twitter Instagram
    AACE Now
    • Home
    • Business
    • Tech
    • Entertainment
    • Lifestyle
      1. General
      2. Travel
      3. View All

      PM Announces Tamgha I Shujaat for Malik Adnan for his Efforts to Save Priyantha Kumara

      December 6, 2021

      New Photoshoot Hurts Sikh Community: Fawad Chaudhary Takes Notice

      November 29, 2021

      UN says North Korea appears to restart nuclear reactor

      August 30, 2021

      Facebook, Twitter, and LinkedIn protect the accounts of Afghan users in the face of Taliban control

      August 22, 2021

      Skardu Airport Starts Operating as an International Airport from Today

      December 2, 2021

      Saudi Arabia has Changed COVID 19 Requirements for Umrah Travelers

      November 30, 2021

      Pandemic to cost global tourism $2 trillion in 2021: UN

      November 29, 2021

      PIA Flight got Delayed as Passengers Turned the Plane into a Trash Can.

      November 24, 2021

      Skardu Airport Starts Operating as an International Airport from Today

      December 2, 2021

      Saudi Arabia has Changed COVID 19 Requirements for Umrah Travelers

      November 30, 2021

      Pandemic to cost global tourism $2 trillion in 2021: UN

      November 29, 2021

      PIA Flight got Delayed as Passengers Turned the Plane into a Trash Can.

      November 24, 2021
    • Equality Matter
    • Sports
      1. Fitness
      2. View All

      Style Tips From Top Designer of United States

      January 10, 2021

      Hairstyle Tips & Tricks from Designer Edition

      January 6, 2021

      Tom explains why Trendy Clothing is in style

      January 6, 2021

      15 Instagram Trends You Should Follow Today

      January 6, 2021

      Imran Khan has Won the Global Sport Award in Dubai for his Contribution to Sports and Encouraging Youth

      November 24, 2021

      Vaccinated spectators to attend Pakistan-New Zealand series

      August 30, 2021

      Florentino Perez: Inside the mind of European Super League architect

      April 26, 2021

      Pakistan Super League to resume on 1 June

      April 20, 2021
    • Auto
    • World
    • Contact
    AACE Now
    You are at:Home»Business»Pandora says laboratory-made diamonds are forever
    Business

    Pandora says laboratory-made diamonds are forever

    adminBy adminMay 4, 2021No Comments2 Mins Read
    Facebook Twitter Pinterest LinkedIn Tumblr Email
    Share
    Facebook Twitter LinkedIn Pinterest Email

    The world’s biggest jeweller, Pandora, says it will no longer sell mined diamonds and will switch to exclusively laboratory-made diamonds.

    Concerns about the environment and working practices in the mining industry have led to growing demand for alternatives to mined diamonds.

    Pandora’s chief executive, Alexander Lacik, told the BBC the change was part of a broader sustainability drive.

    He said the firm was pursuing it because “it’s the right thing to do”.

    They are also cheaper: “We can essentially create the same outcome as nature has created, but at a very, very different price.”

    Mr Lacik explains they can be made for as little as “a third of what it is for something that we’ve dug up from the ground.”

    • How do you know your diamond isn’t fake?
    • How to make a diamond in a day
    • Purple-pink diamond sells for $26.6m (£20.1m)

    In 2020, worldwide lab-grown diamond production grew to between 6 and 7 million carats.

    Meanwhile the production of mined diamonds fell to 111 million carats last year, having peaked at 152 million in 2017, according to a report from the Antwerp World Diamond Centre (AWDC) and the consultancy Bain & Company.

    Production fell most in Russia, Canada, Botswana and Australia.

    Lab-grown diamonds
    image captionLab-grown diamonds such as these from the French company, Diam-Concept are growing in popularity

    The coronavirus pandemic has had a major impact on the diamond industry. De Beers, which produces about one-fifth of the world’s mined diamonds, says production fell 18% last year.

    Economic uncertainty and lockdowns led to a slump in demand and falling prices, although there has been something of a recovery since.

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    Previous ArticleInvestor Warren Buffett names Berkshire Hathaway successor
    Next Article Food giants respond to worries over packaging
    admin
    • Website

    Related Posts

    Pakistan Sent 1.1 Million People Abroad for Jobs During Current Government

    December 2, 2021

    Petroleum Prices to Remain Unchanged Till December 15

    December 1, 2021

    Shaukat Tarin : Government will Increase Petroleum Prices by Rs4 Every Month

    November 24, 2021

    Leave A Reply Cancel Reply

    Recent Posts
    • Snowstorm in Denmark Trapped Around 31 People in Ikea Store so the Group Bedded Down in the Storeroom
    • PM Announces Tamgha I Shujaat for Malik Adnan for his Efforts to Save Priyantha Kumara
    • Despite Poor Turnout, the PML-N Reclaimed the NA-133 Seat
    • Skardu Airport Starts Operating as an International Airport from Today
    • Punjab Government to Amend Law to Use EVM’S in Local Elections. ECP Gives a Week to Submit Amendment.
    Recent Comments
      • Facebook
      • Twitter
      • Instagram
      • Pinterest
      Don't Miss

      Snowstorm in Denmark Trapped Around 31 People in Ikea Store so the Group Bedded Down in the Storeroom

      PM Announces Tamgha I Shujaat for Malik Adnan for his Efforts to Save Priyantha Kumara

      Despite Poor Turnout, the PML-N Reclaimed the NA-133 Seat

      Skardu Airport Starts Operating as an International Airport from Today

      About
      About
      Facebook Twitter Instagram LinkedIn
      Popular Posts

      Snowstorm in Denmark Trapped Around 31 People in Ikea Store so the Group Bedded Down in the Storeroom

      December 6, 2021

      PM Announces Tamgha I Shujaat for Malik Adnan for his Efforts to Save Priyantha Kumara

      December 6, 2021

      Despite Poor Turnout, the PML-N Reclaimed the NA-133 Seat

      December 6, 2021
      From Flickr
      Ascend
      terns
      casual
      riders on the storm
      chairman
      mood
      monument
      liquid cancer
      blue
      basement
      ditch
      stars
      © Copyright 2022. Designed & Developed by Alumination.

      Type above and press Enter to search. Press Esc to cancel.

      Sign In or Register

      Welcome Back!

      Login to your account below.

      Lost password?