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1. The diamond rush began with the the Star of South Africa in 1869
discovery of .
2. Cecil Rhodes wanted to stabilize trying to control production
diamond prices, so he started by
.
3. Cecil Rhodes established De Beers Consolidated Mines Ltd.
in 1888 to direct mining opera-
tions.
4. When it couldn't own every mine, rough
De Beers began buying
from other producers to safe-
guard diamond prices and en-
sure market stability.
5. heightened demand for Military needs during WWII
industrial diamond rough.
6. Rough is sorted into categories size, shape, clarity, and color
based on .
7. At a sight, the present- CSO
ed a customized selection of di-
amonds to each sight holder for
acceptance.
8. Central Selling Organization an agency designed to purchase, sort, evaluate, and sell
(CSO) rough diamonds
9. Digger an independent diamond prospector
10. Dry Diggings
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a prospector's term for diamond deposits away from
water
11. London Diamond Syndicate a group of diamond merchants that united in 1890 to buy
and sell rough diamonds
12. Diamond Pipeline the path diamonds followed from the mine to the con-
sumer
13. Sight trading event where selected clients buy rough diamonds
14. Sightholder a diamond manufacturer or dealer invited by De Beers to
buy rough diamonds
15. Single-Channel Marketing a direct, centrally controlled marketing route for rough
diamonds
16. Special a rough diamond over 10.80 cts. sold separately to a
slight holder who specialized in larger stones
17. The CSO controlled diamond buying and holding supplies until demand increased
prices by .
18. Beneficaton helps countries exer- greater
cise control over their nat-
ural mineral resources.
19. De Beers' advocacy of had corporate responsibility
a more profound impact on the
diamond market than its advoca-
cy of branding.
20. Asia, especially China and India
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The future of the diamond mar-
ket in manufacturing and con-
sumption may be in .
21. Benefication a commitment to reserve a portion of the resources de-
rived from any country for the economic development of
that country
22. Best Practice Principles (BPP) De Beers' formalized commitment of itself and its sight
holders to the highest ethical standards
23. Cutting Center a city, region, or country with a large number of gemstone
manufacturers
24. Kimberley Process (KP) diamond industry program designed to ensure that dia-
monds crossing international borders are legitimate and
don't fund civil conflict or terrorism
25. Supplier of Choice program adopted by De Beers in 2001, in which it re-
quired its sight holders to help increase market demand
for diamonds
26. Supplier of Choice 2 program adopted by De Beers in 2007 to answer critics
and resolve shortcomings of its original SOC program
27. Vertical Integration involvement of a business or industry in all aspects of its
product's market
28. Diamonds form in , which cratons
are located only under continen-
tal landmasses.
29. The carbon needed for diamond always present
formation is .
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30. Diamonds that exist today were 2.5 billion and 20 million years ago
delivered to the surface between
.
31. and transport di- kimberlites and lamproites
amonds to the surface, but dia-
monds don't form in them.
32. kimberlites actually con- Very few
tain diamonds.
33. Cratons ancient, large, and stable parts of the earth's continental
crust
34. Emplacement a geologic process that delivers materials (sometimes
diamonds) to the surface
35. Igneous Rock a category of rocks formed from a molten state
36. Kimberlite an igneous rock that transports diamonds to the surface
37. Lamproite an igneous rock, rarer than kimberlite, that transports
diamonds to the surface
38. Mantle layer between the earth's crust and its core
39. Pipe a deep vertical formation at the earth's surface that results
from a kimberlite or lamproite emplacement
40. Subduction process in which two crustal plates collide, forcing one
under the other
41. oldest