Lucara CEO Eira Thomas Sees De Beers' Lightbox as "Positive Development"

Market Analysis
14/06/2019 17:00

“I’m actually really excited about it. I think it was a very positive development for the industry. It clearly serves to differentiate the two markets. The synthetic diamond market is not the same as the natural diamond market and they can co-exist ... there’s no store of value in a synthetic diamond. Rather, synthetic diamonds are filling a niche around fashion jewellery and we see it almost as an entry level opportunity for consumers. That’s how we see synthetics and natural diamonds playing together in this market."

- Eira Thomas, CEO of Lucara Diamonds, discussing Lightbox at The Northern Miner’s Canadian Mining Symposium.