GIA Diamond Grading Quiz 2 Questions with Correct Answers
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Course
GIA
Institution
GIA
GIA Diamond Grading Quiz
2 Questions with Correct
Answers
Before the discovery of South Africa's diamond deposits, the world's two major
producers were India and - Answer-Brazil
Diamond sources started appearing in South Africa during the - Answer-1860s
The Central Selling Organisation was...
GIA Diamond Grading Quiz 2 Questions with Correct Answers Before the discovery of South Africa's diamond deposits, the world's two major producers were India and - Answer -Brazil Diamond sources started appearing in South Africa during the - Answer -1860s The Central Selling Organisation was a - Answer -rough diamond distribution agency. The South African diamond rush was sparked by - Answer -the discovery of the Star of South Africa. The soft, diamond -bearing material near the surface of a diamond field was named - Answer -yellowground Cecil Rhodes' main competitor in his early attempts to control diamond production was - Answer -Barney Barnato. Who established De Beers Consolidated Mines Ltd. in 1888? - Answer -Cecil Rhodes De Beers Consolidated Mines Ltd. was named after - Answer -the owners of a farm where one of the first diamond rushes took place. The group that united in 1890 to buy and sell all of the output of the major diamond producers, including De Beers, was the - Answer -London Diamond Syndicate. Oppenheimer's answer to low diamond demand in the 1930s was to - Answer -shut down operations at De Beers mines. The Diamond Information Center and the Diamond Promotion Service were created to - Answer -assist in diamond marketing efforts. The path diamonds followed from mine to consumer was called the - Answer -diamond pipeline. Sightholders purchase diamond rough by - Answer -attending invitation -only trading events. De Beers requires its sightholders to have an excellent reputation in the industry and - Answer -the financial strength to make large purchase commitments. In the diamond trade, the word "specials" refers to - Answer -diamond rough over 10.80 cts. Which diamond mine's huge production influenced the world market in the late 1980s? - Answer -Argyle. A commitment to reserve a portion of the resources derived from any country for the economic development of that country is called - Answer -beneficiation. A city, region, or country with a large number of gemstone manufacturers is called a - Answer -cutting center. One of the changes that resulted from De Beers' strategic review in 1999 was that De Beers - Answer -changed the name of the CSO to the DTC. In 2000, De Beers altered its consumer advertising by - Answer -introducing the "Forevermark" logo. The diamond industry program designed to ensure that diamonds do not fund civil conflict or terrorism is called - Answer -the Kimberley Process. Businesses that sell to consumers via television cable, phone line, or satellite are called - Answer -electronic retailers. De Beers became a privately owned company in - Answer -May 2001. Vast quantities of small, inexpensive diamonds suitable for low -cost, mass -market jewelry are mined in - Answer -Australia. The involvement of a business or industry in all aspects of its product's market is called - Answer -vertical integration. By 2004, more than 90 percent of manufacturing for the diamond market was done in - Answer -India. The program adopted by De Beers in 2007 to answer critics and resolve shortcomings of its SOC program is called - Answer -Supplier of Choice 2. n South Africa, a new mining charter that designates the people of the country as the owners of its mineral resources is a result of - Answer -Black Economic Empowerment.
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