Diamonds Flashcards
1
Q
graphite to diamonds
A
crystallised to form octahedral
2
Q
two uses of diamonds in industry
A
mining
or cutting and polishing for jewellery
3
Q
carat = 0.2 grams worth?
A
$1000s
4
Q
1997 production worth?
A
US$7Bn
5
Q
2008 production worth?
A
US$9Bn
6
Q
Diamond producing countries
A
S Africa
Botswana
7
Q
diamond importing
A
EU, India
8
Q
average diamond price is?
A
declining
9
Q
De Beers 4 Cs
A
Carat Colour Clarity Cut = COST
10
Q
diamonds produced in ? countries
A
21
11
Q
Gem producers
A
RSA, Namibia, Botswana, Russia
12
Q
Industrial producers
A
Australia, Botswana, DRC
13
Q
Central Selling Organisation (CSO) - De Beers
A
to maintain price (high) and stability (rhodes). Includes 80% of global trade
14
Q
stockpiling
A
$2-5Bn
15
Q
1949-1990 price of diamonds ^
A
1800%