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GIA DIAMONDS & DIAMOND GRADING - TIGRAN MUJUKIAN

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A diamond grading system provides - Answer-a consistent way to communicate diamond quality A wholesaler is someone who - Answer-sells to retailers Diamond prices on wholesale price lists - Answer-depend on the market conditions that exist when the lists are published Large, high-quality di...

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  • May 5, 2024
  • 18
  • 2023/2024
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GIA DIAMONDS & DIAMOND GRADING - TIGRAN
MUJUKIAN
A diamond grading system provides - Answer-a consistent way to communicate
diamond quality

A wholesaler is someone who - Answer-sells to retailers

Diamond prices on wholesale price lists - Answer-depend on the market conditions that
exist when the lists are published

Large, high-quality diamonds are - Answer-graded much more thoroughly than small,
low-quality ones

Diamond's supreme hardness and durability are - Answer-a result of the conditions
under which it formed

Once diamond deposits are located, mining companies - Answer-must spend additional
time and money to evaluate and develop them

An estimation of the value of an article is a(n) - Answer-appraisal

The most consistent and dependable sources of diamond grades are - Answer-
reputable gemological laboratories

Substantial price discounts are available to retailers and jewelry manufacturers who -
Answer-can buy in large quantities

A diamond's clarity and color grades indicate its - Answer-quality

Reputable gemological laboratories don't grade mounted diamonds because - Answer-
mountings hide details of clarity and cut

Dealers often sort melee by size using - Answer-sieves

The diamond industry has changed dramatically in recent years because - Answer-the
world's supply of diamond rough has increased

The Argyle mine in Australia contributed to - Answer-the rise of the cutting industry in
India

Wholesale price lists are usually organized according to - Answer-specific combinations
of the Four C's

,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 or computer 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 COS program is called - Answer-Supplier of Choice 2

In 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

Because the Australians believed the CSO's marketing favored large stones over
smaller ones, they - Answer-aggressively promoted jewelry set with their own tiny gems

A bourse is a(n) - Answer-diamond buying and selling club

How far beneath the earth's surface do diamonds form? - Answer-90 to 140 miles

The deep vertical formations through which diamonds traveled to the surface are called
- Answer-pipes

The first authenticated diamond discovered in South Africa is the - Answer-Eureka

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