DIAMONDS & DIAMOND GRADING
3 TEST / TERMS
Which diamond mine's huge production influenced the world market in the
late 1980s? - -Argyle
- A commitment to reserve a portion of the resources derived from any
country for the economic development of that country is called - -
Benefaction
- A city, region, or country with a large number of gemstone manufacturers
is called a - -Cutting center
- One of the changes that resulted from De Beer's strategic review in 1999
was that De Beers - -Changed the name of the CSO to the DTC
- In 2000, De Beers altered its consumer advertising by - -Introducing the
"Forevermark" logo
- The diamond industry program designed to ensure that diamonds do not
fund civil conflict or terrorism is called - -The Kimberley Process
- Businesses that sell to consumers via television cable, phone line, or
satellite are called - -Electronic retailers
- De Beers became a privately owned company in - -May 2001
- Vast quantities of small, inexpensive diamonds suitable for low-cost, mass-
market jewelry are mined in - -Australia
- The involvement of a business or industry in all aspects of its product's
market is called - -Vertical integration
- By 2004, more than 90% of manufacturing for the diamond market was
done in - -India
- The program adopted by De Beers in 2007 to answer critics and resolve
shortcomings of its SOC program is called - -Supplier of Choice 2
- In South Africa, a new mining charter that designated the people of the
country as the owners of its mineral resources is a result of - -Black
Economic Empowerment
3 TEST / TERMS
Which diamond mine's huge production influenced the world market in the
late 1980s? - -Argyle
- A commitment to reserve a portion of the resources derived from any
country for the economic development of that country is called - -
Benefaction
- A city, region, or country with a large number of gemstone manufacturers
is called a - -Cutting center
- One of the changes that resulted from De Beer's strategic review in 1999
was that De Beers - -Changed the name of the CSO to the DTC
- In 2000, De Beers altered its consumer advertising by - -Introducing the
"Forevermark" logo
- The diamond industry program designed to ensure that diamonds do not
fund civil conflict or terrorism is called - -The Kimberley Process
- Businesses that sell to consumers via television cable, phone line, or
satellite are called - -Electronic retailers
- De Beers became a privately owned company in - -May 2001
- Vast quantities of small, inexpensive diamonds suitable for low-cost, mass-
market jewelry are mined in - -Australia
- The involvement of a business or industry in all aspects of its product's
market is called - -Vertical integration
- By 2004, more than 90% of manufacturing for the diamond market was
done in - -India
- The program adopted by De Beers in 2007 to answer critics and resolve
shortcomings of its SOC program is called - -Supplier of Choice 2
- In South Africa, a new mining charter that designated the people of the
country as the owners of its mineral resources is a result of - -Black
Economic Empowerment
