Grading 315 complete solutions latest
2025.
GIA GEM 230 - Diamonds & Diamond
Grading 315 complete solutions latest
2025.
The diamond rush began with the discovery of _______. - ANSWER the Star of South Africa in 1869
Cecil Rhodes wanted to stabilize diamond prices, so he started by _______. - ANSWER trying to control
production
Cecil Rhodes established _______ in 1888 to direct mining operations. - 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. - ANSWER rough
_______ heightened demand for industrial diamond rough. - ANSWER Military needs during WWII
Rough is sorted into categories based on _______. - ANSWER size, shape, clarity, and color
At a sight, the _______ presented a customized selection of diamonds to each sight holder for
acceptance. - ANSWER CSO
Central Selling Organization (CSO) - ANSWER an agency designed to purchase, sort, evaluate, and sell
rough diamonds
Digger - ANSWER an independent diamond prospector
,GIA GEM 230 - Diamonds & Diamond
Grading 315 complete solutions latest
2025.
Dry Diggings - ANSWER a prospector's term for diamond deposits away from water
London Diamond Syndicate - ANSWER a group of diamond merchants that united in 1890 to buy and sell
rough diamonds
Diamond Pipeline - ANSWER the path diamonds followed from the mine to the consumer
Sight - ANSWER trading event where selected clients buy rough diamonds
Sightholder - ANSWER a diamond manufacturer or dealer invited by De Beers to buy rough diamonds
Single-Channel Marketing - ANSWER a direct, centrally controlled marketing route for rough diamonds
Special - 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 _______. - ANSWER buying and holding supplies until demand
increased
Beneficaton helps countries exercise _______ control over their natural mineral resources. - ANSWER
greater
De Beers' advocacy of _______ had a more profound impact on the diamond market than its advocacy
of branding. - ANSWER corporate responsibility
The future of the diamond market in manufacturing and consumption may be in _______. - ANSWER
Asia, especially China and India
, GIA GEM 230 - Diamonds & Diamond
Grading 315 complete solutions latest
2025.
Benefication - 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) - ANSWER De Beers' formalized commitment of itself and its sight holders
to the highest ethical standards
Cutting Center - ANSWER a city, region, or country with a large number of gemstone manufacturers
Kimberley Process (KP) - ANSWER diamond industry program designed to ensure that diamonds crossing
international borders are legitimate and don't fund civil conflict or terrorism
Supplier of Choice - ANSWER program adopted by De Beers in 2001, in which it required its sight holders
to help increase market demand for diamonds
Supplier of Choice 2 - ANSWER program adopted by De Beers in 2007 to answer critics and resolve
shortcomings of its original SOC program
Vertical Integration - ANSWER involvement of a business or industry in all aspects of its product's market
Diamonds form in _______, which are located only under continental landmasses. - ANSWER cratons
The carbon needed for diamond formation is _______. - ANSWER always present
Diamonds that exist today were delivered to the surface between _______. - ANSWER 2.5 billion and 20
million years ago
_______ and _______ transport diamonds to the surface, but diamonds don't form in them. - ANSWER
kimberlites and lamproites