GIA Diamonds and Diamond Grading Final Exam | Questions And Answers Latest {2024-
2025} A+ Graded | 100% Verified
Substantial price discounts are available to retailers and jewelry manufacturers who - can buy in large
quantities.
The diamond industry has changed dramatically in recent years because - the world's supply of diamond
rough has increased.
A diamond grading system provides - a consistent way to communicate diamond quality.
Diamond's supreme hardness and durability are - a result of the conditions under which it formed.
Wholesale price lists are usually organized according to - specific combinations of the Four Cs.
An estimation of the value of an article is a(n) - appraisal
The most consistent and dependable sources of diamond grades are - reputable gemological
laboratories.
A diamond's clarity and color grades indicate its - quality
Once diamond deposits are located, mining companies - must spend additional time and money to
evaluate and develop them.
Large, high-quality diamonds are - graded much more thoroughly than small, low-quality ones.
Reputable gem laboratories don't grade mounted diamonds because - mountings hide details of clarity
and cut.
A wholesaler is someone who - sells to retailers
,Diamond prices on wholesale price lists - depend on the market conditions that exist when the lists are
published.
Dealers often sort melee by size using - sieves
The Argyle mine in Australia contributed to - the rise of the cutting industry in India.
Sightholders purchase diamond rough by - attending invitation-only trading events.
Before the discovery of South Africa's diamond deposits, the world's two major producers were India
and - Brazil
Cecil Rhodes' main competitor in his early attempts to control diamond production was - Barney
Barnato
The group that united in 1890 to buy and sell all of the output of the major diamond producers,
including De Beers, was the - London Diamond Syndicate
Oppenheimer's answer to low diamond demand in the 1930s was to - shut down operations at De Beers
mines.
In the diamond trade, the word "specials" refers to - diamond rough over 10.80 cts.
The Central Selling Organisation was a - rough diamond distribution agency.
The South African diamond rush was sparked by - the discovery of the Star of South Africa.
Diamond sources started appearing in South Africa during the - 1860's
, The path diamonds followed from mine to consumer was called the - diamond pipeline.
The Diamond Information Center and the Diamond Promotion Service were created to - assist in
diamond marketing efforts.
The soft, diamond-bearing material near the surface of a diamond field was named - yellowground.
De Beers Consolidated Mines Ltd. was named after - the owners of a farm where one of the first
diamond rushes took place.
Who established De Beers Consolidated Mines Ltd. in 1888? - Cecil Rhodes
De Beers requires its sightholders to have an excellent reputation in the industry and - the financial
strength to make large purchase commitments.
Which diamond mine's huge production influenced the world market in the late 1980s? - Argyle
Because the Australians believed the CSO's marketing favored large stones over smaller ones, they -
aggressively promoted jewelry set with their own tiny gems.
De Beers became a privately owned company in - May 2001
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 - Black Economic Empowerment.
A commitment to reserve a portion of the resources derived from any country for the economic
development of that country is called - beneficiation
One of the changes that resulted from De Beers' strategic review in 1999 was that De Beers - changed
the name of the CSO to the DTC.
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