Best of: How the diamond industry lost its sparkle

Best of: How the diamond industry lost its sparkle

This week, we are revisiting a favorite episode. The natural diamond industry is facing an existential threat: lab-grown diamonds. They are chemically and physically identical to natural stones but they are a fraction of the price. Eleanor Olcott, the FT’s China technology correspondent, travelled to the epicentre of lab-grown diamond production in the central Chinese province of Henan to see how they are made. While the FT’s natural resources editor, Leslie Hook, explores what the sale of De Beers, the natural diamond producer, could mean for the future of the sector.


This episode originally aired on September 10 2025.


Clip from Arnold Worldwide


The FT does not use generative AI to voice its podcasts.


- - - - - - - - - - - - - - - - - - - - - - - - - -


For further reading (updated):

How the diamond industry lost its sparkle

The sparkle is fading in Africa’s diamond heartland

De Beers likely to be sold to consortium, Anglo chief says


- - - - - - - - - - - - - - - - - - - - - - - - - -


Follow Leslie Hook on X (@lesliehook) and Eleanor Olcott on X (@EleanorOlcott). Michela Tindera is on X (@mtindera07) and Bluesky (@mtindera.ft.com), or follow her on LinkedIn for updates about the show and more.


Read a transcript of this episode on FT.com

Hosted on Acast. See acast.com/privacy for more information.

Det här avsnittet är hämtat från ett öppet RSS-flöde och publiceras inte av Podme. Det kan innehålla reklam.

Avsnitt(339)

The ‘Sheriff of Wall Street’ who exposed bankers’ lies

The ‘Sheriff of Wall Street’ who exposed bankers’ lies

He was the bruiser of Wall Street. In the early noughties, New York attorney-general Eliot Spitzer took it upon himself to expose the lies of stock analysts during the dotcom bubble. His crusade blind...

26 Aug 46min

Mohammed: prophet, trader . . . and capitalist?

Mohammed: prophet, trader . . . and capitalist?

Did you know that the Prophet Mohammed was a caravan trader? He helped arrange convoys of thousands of camels carrying valuable goods across the Arabian desert. And he put his commercial nous to good ...

19 Aug 48min

How a stock market crash gave birth to modern antisemitism

How a stock market crash gave birth to modern antisemitism

The 1873 Gründerkrach, the spectacular stock market crash that followed Germany’s unification, is one of history’s great financial maelstroms. But its most enduring legacy isn’t about money. Host Robi...

12 Aug 50min

The hidden financial world of ancient Rome

The hidden financial world of ancient Rome

Ancient Rome is often depicted as a glamorous empire of power, sophistication and wealth. Yet for most people, the reality of daily life was precarious. Host Robin Wigglesworth talks to Kim Bowes, aut...

5 Aug 54min

The canal that shaped American finance

The canal that shaped American finance

The construction of the Erie Canal is one of the most ambitious infrastructure projects in American history. But its most influential legacy is not the waterway itself, it is how it was paid for. Host...

29 Juli 40min

The trader who made $100mn from the 1929 crash — only to lose it all

The trader who made $100mn from the 1929 crash — only to lose it all

Jesse Livermore was a legendary trader who made and lost several fortunes in the early 20th century, most famously by shorting the Wall Street crash of 1929. His early life was immortalised in the rom...

22 Juli 54min

The financial crash that created Britain’s first prime minister

The financial crash that created Britain’s first prime minister

When the South Sea Bubble burst in 1720, it wiped out fortunes and plunged Britain into its first great stock market crisis. The collapse of the South Sea Company, a government-backed scheme that prom...

15 Juli 38min

South Sea Bubble: the shoemaker’s son who sparked Britain’s first financial crisis

South Sea Bubble: the shoemaker’s son who sparked Britain’s first financial crisis

In 1720, the South Sea Company was one of the most valuable businesses in Britain until a spectacular collapse in its publicly traded shares triggered the country’s first major stock market crisis. At...

8 Juli 52min

Populärt inom Business & ekonomi

framgangspodden
rss-jossan-nina
varvet
rss-borsens-finest
badfluence
avanzapodden
uppgang-och-fall
svd-tech-brief
rss-inga-dumma-fragor-om-pengar
lastbilspodden
fill-or-kill
borsmorgon
tabberaset
24fragor
rikatillsammans-om-privatekonomi-rikedom-i-livet
bathina-en-podcast
rss-kort-lang-analyspodden-fran-di
rss-dagen-med-di
rss-hos-psykologen
kapitalet-en-podd-om-ekonomi