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15 Cards in this Set

  • Front
  • Back

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.

Cecil Rhodes’ main competitor in his early attempts to control diamond production was


Barney Barnato.


Oppenheimer’s answer to low diamond demand in the 1930s was to


develop a consistent way to communicate diamond quality

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.

De Beers requires its sightholders to have an excellent reputation in the industry and

the financial strength to make large purchase commitments.

Who established De Beers Consolidated Mines Ltd. in 1888?

Cecil Rhodes

The South African diamond rush was sparked by

the discovery of the Star of South Africa.

In the diamond trade, the word “specials” refers to

diamond rough over 10.80 cts.

Before the discovery of South Africa’s diamond deposits, the world’s two major producers were India and

Brazil

Diamond sources started appearing in South Africa during the

1860s

Sightholders purchase diamond rough by

attending invitation-only trading events.

The Central Selling Organisation was a

rough diamond distribution agency.

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.