Diamond Prices Crashing – Canada’s Ekati Diamond Mine Closes

Canadian diamonds were once a thing. Conflict-free and clean, but expensive to extract. They were diamonds you could feel good about buying, and that was their main selling proposition. People would pay more for them, knowing they weren’t contributing to wars and child labor. But that all ended once lab grown diamonds came onto the market. Diamond prices are crashing now, as we predicted, and it makes no sense to mine them in Canada anymore.Diamonds are now available for many more jewelry designers to consider incorporating in pieces, and I talk about using lab grown diamonds in non-traditional jewelry designs like belt buckles as diamond prices plummet.Information, photos, drawings and links to videos about the construction of the 170th Spencerville Fair Sterling Silver Trophy Belt Buckle:https://tribe.ca/170TRIBE - The World's Luxury Cannabis Jewelerhttps://tribe.ca Send an email to [email protected] to get on our mailing list or to order custom jewelry products from TRIBE.The Cannabis Goldsmith is an Art & Design podcast produced by TRIBE COMMUNICATIONS INC. in Ontario, Upper Canada. ©2025 TRIBETRIBE is a registered trademark