100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached
logo-home
GIA GEM 230 - Diamonds & Diamond Grading Exam Questions and Answers (latest Update 2025) $13.49   Add to cart

Exam (elaborations)

GIA GEM 230 - Diamonds & Diamond Grading Exam Questions and Answers (latest Update 2025)

 0 view  0 purchase
  • Course
  • GIA GEM 230 - Diamonds &
  • Institution
  • GIA GEM 230 - Diamonds &

GIA GEM 230 - Diamonds & Diamond Grading Exam Questions and Answers (latest Update 2025)

Preview 4 out of 58  pages

  • October 15, 2024
  • 58
  • 2024/2025
  • Exam (elaborations)
  • Unknown
  • GIA GEM 230 - Diamonds &
  • GIA GEM 230 - Diamonds &
avatar-seller
Allivia
GIA GEM 230 - Diamonds & Diamond
Grading Exam Questions and Answers
(latest Update 2025)
The diamond rush began with the discovery of _______. -
Correct Answer ✅ the Star of South Africa in 1869



Cecil Rhodes wanted to stabilize diamond prices, so he
started by _______. - Correct Answer ✅ trying to control
production



Cecil Rhodes established _______ in 1888 to direct mining
operations. - Correct Answer ✅ De Beers Consolidated
Mines Ltd.



When it couldn't own every mine, De Beers began buying
_______ from other producers to safeguard diamond prices
and ensure market stability. - Correct Answer ✅ rough



_______ heightened demand for industrial diamond rough. -
Correct Answer ✅ Military needs during WWII



Rough is sorted into categories based on _______. - Correct
Answer ✅ size, shape, clarity, and color

,GIA GEM 230 - Diamonds & Diamond
Grading Exam Questions and Answers
(latest Update 2025)

At a sight, the _______ presented a customized selection of
diamonds to each sight holder for acceptance. - Correct
Answer ✅ CSO



Central Selling Organization (CSO) - Correct Answer ✅ an
agency designed to purchase, sort, evaluate, and sell rough
diamonds



Digger - Correct Answer ✅ an independent diamond
prospector



Dry Diggings - Correct Answer ✅ a prospector's term for
diamond deposits away from water



London Diamond Syndicate - Correct Answer ✅ a group of
diamond merchants that united in 1890 to buy and sell rough
diamonds

,GIA GEM 230 - Diamonds & Diamond
Grading Exam Questions and Answers
(latest Update 2025)
Diamond Pipeline - Correct Answer ✅ the path diamonds
followed from the mine to the consumer



Sight - Correct Answer ✅ trading event where selected
clients buy rough diamonds



Sightholder - Correct Answer ✅ a diamond manufacturer or
dealer invited by De Beers to buy rough diamonds



Single-Channel Marketing - Correct Answer ✅ a direct,
centrally controlled marketing route for rough diamonds



Special - Correct Answer ✅ a rough diamond over 10.80
cts. sold separately to a slight holder who specialized in
larger stones



The CSO controlled diamond prices by _______. - Correct
Answer ✅ buying and holding supplies until demand
increased

, GIA GEM 230 - Diamonds & Diamond
Grading Exam Questions and Answers
(latest Update 2025)
Beneficaton helps countries exercise _______ control over their
natural mineral resources. - Correct Answer ✅ greater



De Beers' advocacy of _______ had a more profound impact on
the diamond market than its advocacy of branding. - Correct
Answer ✅ corporate responsibility



The future of the diamond market in manufacturing and
consumption may be in _______. - Correct Answer ✅ Asia,
especially China and India



Benefication - Correct Answer ✅ a commitment to reserve
a portion of the resources derived from any country for the
economic development of that country



Best Practice Principles (BPP) - Correct Answer ✅ De Beers'
formalized commitment of itself and its sight holders to the
highest ethical standards

The benefits of buying summaries with Stuvia:

Guaranteed quality through customer reviews

Guaranteed quality through customer reviews

Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.

Quick and easy check-out

Quick and easy check-out

You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.

Focus on what matters

Focus on what matters

Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!

Frequently asked questions

What do I get when I buy this document?

You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.

Satisfaction guarantee: how does it work?

Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.

Who am I buying these notes from?

Stuvia is a marketplace, so you are not buying this document from us, but from seller Allivia. Stuvia facilitates payment to the seller.

Will I be stuck with a subscription?

No, you only buy these notes for $13.49. You're not tied to anything after your purchase.

Can Stuvia be trusted?

4.6 stars on Google & Trustpilot (+1000 reviews)

82977 documents were sold in the last 30 days

Founded in 2010, the go-to place to buy study notes for 14 years now

Start selling
$13.49
  • (0)
  Add to cart