Diamonds Flashcards
What is the significance of the Argyle mine?
the Argyle mine in Australia—caused dramatic growth in India’s diamond cutting industry, which processes large numbers of inexpensive diamonds. This made diamonds available to a wider consumer base.
Why are diamond grades important?
Diamond grades make it possible for people to discuss diamonds simply and concisely. Diamond grades can help you compare one diamond with another.
What are diamond grades used for?
Diamond grades have many different uses. For gemological laboratories, grades are simply statements of diamond quality. Some people use grades to determine value and to decide whether or not to buy, or to match diamonds for jewelry. A diamond grade might be part of an appraisal, as one step in the evaluation of a finished piece of jewelry.
What are diamond reports used for?
A quality report from a reputable lab allows a retailer or dealer to choose a diamond without seeing it.
A report can also work the other way: You can check a diamond that’s accompanied by a quality report to make sure it matches its description. This protects you against switched stones.
What are wholesale price lists for?
a diamond professional can compare a diamond’s quality report to its listed value, determine the diamond’s fair price, and decide whether or not to buy or sell it.
The suggested prices depend very strongly on the market conditions that exist at a particular time.
How are small low quality diamonds graded?
it’s not worthwhile to spend a lot of time grading small, low- quality stones. A quick examination under a loupe is usually all they get.
How are small diamonds sorted and graded?
Small diamonds are often sorted rather than graded individually because it isn;t cost effective to grade them individually.
So the dealer might put them through a series of sieves and sort them by size, and then sort the various sizes into smaller piles based on color. The dealer might not even look for clarity characteristics. Parcels of melee are usually sold by clarity range—if the supplier is reputable, the dealer can trust that the diamonds in the parcel will be within the requested clarity range.
What are the benefits of having precisely matched diamonds in jewelry?
It’s easier to sell a well-finished piece of jewelry containing precisely matched diamonds—no matter what their clarity grade—because you can justify its price to your customers.
What is the most common type of appraisal?
The most common type is an appraisal for insurance replacement. This contains a description of the jewelry—everything from the Four Cs of the gems to the jewelry’s design to the karat weight of the metal. An insurance company can use the appraisal to replace the item if it’s lost or stolen.
Insurance replacement appraisals include a value for the jewelry item. That value might be quite different from an appraisal done to determine its liquidation value. Liquidation appraisals apply a value to the item for immediate sale.
Why are good quality diamonds so valuable?
The unique physical properties of gem-quality diamonds allow them to survive environmental forces better than any other gemstone.
How did abundant new diamond supplies affect the market?
Wider availability of diamonds to the public
When did India start trading diamonds and to whom?
4th century BC to India’s wealthy
When was the first South African Kimberline pipe discovered?
late 1800s
What is single channel marketing?
A direct, centrally controlled marketing route for rough diamonds
What is the Central Selling Organisation?
An agency designed to purchase, sort, evaluate, and sell rough diamonds.
For decades, the CSO served as the marketing and distribution channel for rough diamonds from mines all over the world.
How did the story of Africa’s Diamonds begin?
The story of Africa’s diamonds began in 1866 with the discovery of a 21.25-ct. rough diamond on a farm south of Kimberley, South Africa. There is evidence of other discoveries, some as early as 1854. But the “Eureka,” as it was called, was the first to be authenticated.
What diamond started the rush in South Africa and where what is found?
The Star of the South was found in the Vaal river in 1869
What is a digger?
An independent diamond prospector
What is soft, diamond bearing ground near the surface called?
yellowground
What’s underneath yellowground?
blueground
Who consolidated all the mines in the Kimberly area into DeBeers Consolidated Mines LLC in 1888?
Cecil Rhodes
How much of the world’s diamond supply did DeBeers control by 1900?
By 1900, De Beers controlled an estimated 90 percent of the world’s production of rough diamonds. With what amounted to a production monopoly, Rhodes had reached his goal of controlling prices by controlling the supply
Who were the London Diamond Syndicate?
A group of diamond merchants that united in 1890 to buy and sell rough diamonds.
What was DeBeers marketing strategy?
Strong global advertising, supported by an annual budget that has reached as high as US$200 million per year
A diamond stockpile, maintained and released selectively to balance supply and demand
A worldwide network of outside buying offices
Quota provisions in the contracts with its CSO partners that allowed equal sharing of oversupply challenges
Control over distribution through a strong client network
What’s the diamond pipeline?
The path diamonds followed from the mine to the consumer.
What are sights?
Trading event where selected clients buy rough diamonds.
What are sightholders
A diamond manufacturer or dealer invited by De Beers to buy rough diamonds.
What are specials?
A rough diamond over 10.80 cts., sold separately to a sightholder who specializes in larger stones.
Why did DeBeers begin to buy rough from other producers?
to safeguard diamond prices and ensure market stability
What led to the collapse of the single-channel rough diamond market?
when important diamond producers in Russia, Australia, and Canada sought more control over their own mineral resources, negotiations over trade contracts became more complex and costly for De Beers. The situation was complicated even more by an overall increase in diamond production, which limited the CSO’s ability to control supply and demand. The multi-channel rough diamond market that emerged consisted primarily of Russia, private mining companies in Australia and Canada, and a few independent diamond-trading companies.
The multi-channel rough diamond market has become a fact of life in the diamond industry. This assignment will examine what each of the new channels looks like and what measures De Beers has taken to adjust to this new reality.
▶ VIDEO: Diamond Pipelines
▶ VIDEO: Russell Shor: Changes in Rough Diamond Distribution
What is vertical integration
Involvement of a business or industry in all aspects of its product’s market.
Why does vertical integration increase profits
Vertical integration in the diamond industry increases profits because there’s much more value in a finished piece of diamond jewelry than in a rough diamond crystal.
Where is the Mir mine
Siberia
who owns the Argyle mine?
Rio Tinto
What is beneficiation
is a mining term that refers to the process of reducing and separating extracted ore into mineral and waste. In a social context it means that a portion of the natural resources extracted from a country’s soil must stay in the country to support its economic growth. Modified versions of this practice already existed in other places, such as Canada, but the concept of beneficiation is most closely associated with the diamond-producing nations of Africa.
What is the supplier of choice program?
De Beers and its sightholders would work together to market and sell diamonds. For decades, De Beers had provided much of the industry’s advertising—up to $200 million per year. But the company recognized that the amount spent on diamond promotion was less than the amount spent on promotion of other luxury goods—only 1 percent of sales compared to 10 to 20 percent. So De Beers began requiring its sightholders to create their own diamond-marketing efforts
What are the best practices principles?
One of the declared principles is to uphold the highest professional and ethical standards. De Beers insisted on a similar commitment from each of its sightholders.
De Beers revised its BPP to incorporate its commitment to the KP as well as other diamond trading issues that touch on the unjust treatment and suffering of people. The 2007 edition of the BPP imposed strict trading and disclosure practices on De Beers and its trading partners. The issues included human rights, child labor, forced labor, and money laundering to fund terrorist activities.
What is the Jeweler’s Vigilance Committee?
a non-profit trade association dedicated to ensuring legal compliance within the jewelry industry.
What is a diamond bourse?
A place in a diamond trading center where diamond dealers meet to sell, trade, and share industry news.
What is the World Diamond Council?
WDC came into being in July 2000. It represents the world’s most significant diamond trading centers, manufacturers, and jewelers, and also assists with the implementation of the Kimberley Process.
Stephane also deals with issues involving the diamond trading center of Antwerp, lab-grown diamond nomenclature, and the current economic situation
Who dominated the gem trade in the middle ages?
Antwerp
What diamond cutting does Tel Aviv specialize in
large diamonds and precision fancy cuts
what kind of diamonds are cut in NYC
Large, high quality stones
what kind of diamonds does China specialize in cutting?
small, well cut rounds. high quality PC’s below .20ct
What are the earth’s 3 layers?
crust, mantle, core
what temp and pressure do diamonds form under?
a temperature range of 2102°F to 2192°F (1150°C to 1200°C) and pressure between 50 kilobars and 70 kilobars.
what is a kilobar?
A kilobar is a unit that scientists use to measure extremely high pressure
Where do diamonds form?
In the upper mantle 90 to 140 miles beneath the surface
Where do the best temperature and pressure conditions for diamond formation exist?
Under Cratons. Cratons are the oldest sections of the landmasses. They make up the interior portions of the continents, where they’ve existed without change for millions of years.
Are there cratons in the ocean?
No
What 2 types of rock do diamonds form in?
Peridotite (igneaous) and eclogite(metamorphic)
What is igneous rock?
Igneous rocks start out in a molten or partially molten state and become solid when they cool
What is metamorphic rock
Metamorphic rocks are pre-existing rocks that have been altered by heat and pressure
what is peridotite?
Peridotite, where most diamonds form, probably came into existence soon after the earth first formed. Peridotite contains the most ancient source of the earth’s carbon, which is released by circulation that takes place in the mantle. Because there’s plenty of available material, the carbon-releasing process is fairly constant. To scientists, this means that the carbon needed for diamond formation is always present. It also means that diamond formation might be happening, miles beneath you, as you read this.
what is eclogite
Eclogite’s carbon is contained in ancient rocks that are closer to the earth’s surface. Eclogite is a younger rock than peridotite, and occurs at much shallower levels. Its carbon comes partly from organic matter that didn’t exist when the earth first formed. This organic matter becomes part of the eclogite, and its carbon is released when the crustal rocks that contain it are dragged deep into the earth in a process called subduction.
What is subduction
Subduction occurs when two of the earth’s crustal plates collide and one is forced under the other. The lowered plate heats up, causing its component minerals to melt and release their trapped carbon. Because it’s dependent on this process, the release of carbon from eclogite isn’t constant. Eclogite’s diamonds tend to be younger than peridotite’s diamonds.
What are plate tektonics?
The study of the formation, structure, and movement of the earth’s landmasses
What kind of rocks are diamond deposits found in?
Kimberlite and Lamproite
What is emplacement?
A geologic process that delivers materials (sometimes diamonds) to the surface.
What is a pipe?
A deep vertical formation at the earth’s surface that results from a kimberlite or lamproite emplacement.
How do you measure the age of rocks?
The minerals in a rock might contain radioactive elements. If they do, those elements give off atomic particles as they decay. As a radioactive element emits its atomic particles, it gradually changes to another form of the same element or to a different element: Scientists call it a “daughter” or end product.
How can you measure a diamond’s age?
Radiometric dating the inclusions in diamonds. You can’t date diamonds themselves.
What’s a primary deposit
Gems found in the rock that carried them to the surface
What are secondary deposits?
Gems found away from their primary source.
What are alluvial deposits?
Deposits found in rivers and streams
What are indicator minerals?
Minerals formed together with diamonds at great depths and brought to the surface by the same kimberlites or lamproites.
What is open pit mining?
Removal of mineral-bearing ore from a large surface excavation.
What is overburden?
Sand, gravel, or rock that covers a diamond pipe. Must be removed to reach diamond-bearing ore.
What is block caving?
Underground mining that involves building a concrete-lined tunnel under an ore deposit, then collecting the ore through openings in the liner
what is a drift?
A horizontal tunnel drilled through a diamond pipe.
What is recovery?
Any method used to separate diamonds from ore or alluvial sediments.
What is primary crushing?
Any method used to separate diamonds from ore or alluvial sediments.
What is a scrubber?
An apparatus that washes away dirt and clay from diamond-bearing ore.
What is dense media separation?
A recovery process that separates diamonds from lighter material. Also called heavy media separation.
What’s a grease belt?
An apparatus that uses diamonds’ affinity for grease to separate them from other minerals.
What is xray separation?
A recovery method that uses X-rays to detect diamonds and an air jet to remove them from ore.
How do marine deposits form?
Marine deposits result when diamond-bearing kimberlite pipes erode, releasing their diamonds. Flowing rivers then carry the diamonds to the coast.
Where is the largest marine deposit?
Namibia
What is the measurement of a mine’s productivity
carats per hundred metric tons
What leads to a profitable mine?
The diamonds must form in the mantle, they must be in the right location to be brought to the surface, they must survive the heat and pressure of transport, and they must remain in a location where they’ll be discovered. Once discovered, there must be enough of them to support a mining enterprise for many years. Because this combination of conditions is so specific, potentially profitable diamond sources are rare.
What is a crystal
Solid matter with atoms arranged in a regular, repeating pattern.
define crystalline
Composed of crystals or related to crystals.
what is a mineral
A mineral is a solid material that forms in nature, not as the result of human technology
what is inorganic?
It’s not alive and never was
what is a species?
Minerals related by chemical composition and crystal structure
what’s a covalent bond?
A chemical bond formed by two atoms sharing electrons. It is the strongest bond
What’s a tetrahedron?
In diamond, a group of five carbon atoms with one at the center.
what’s a unit cell
Smallest group of atoms with the characteristic chemical composition and the basic crystal structure of a mineral.
Why do diamonds have superior hardness?
The carbon atoms in diamond bond under very high pressure and create a strong, interlocking atomic structure. Diamond’s atoms are closer together than the atoms of any other natural material. This is what gives diamond its superior hardness.
what is crystal shape or form?
Geometric shape of a well-formed crystal.
What is habit?
Characteristic crystal shape of a specific mineral.
what is the habit of gem diamond?
octahedron
What is a glassie?
A well-shaped, transparent, octahedral diamond crystal with sharp, square edges.
What is crystal structure/lattice?
Regular, repeating arrangement of atoms in a mineral.
What are crystal systems?
Categories of crystals based on their symmetry and internal structure.
What are some examples of cubic/isometric minerals?
Diamond, Garnet, spinel, platinum, and gold are also cubic minerals
What are characteristics of the cubic/isometric system?
The cubic system is the most symmetrical: Well-formed cubic crystals are evenly proportioned and balanced.
How is diamond crystal structure important to cutters?
In some directions, the atoms in a diamond crystal are closer together than in others. This makes those directions harder and, as a result, unsuitable for sawing and polishing.
What is specific gravity
Ratio of the weight of a material to that of an equal volume of water
What is singly refractive/isotropic mean?
Possessing the same physical or optical properties in all crystal directions. light rays behave the same no matter which direction they are traveling - characteristic of cubic crystal structures
What is doubly refractive/anisotropic
Possessing different physical or optical properties in different crystal directions. Crystals that form in less symmetrical crystal systems split light rays into separate beams that take different paths and travel at different speeds.
What is optic character?
The way a mineral handles light
What is doubling?
In A doubly refractive mineral, you will see a copy of the facet junction
What trace element produces yellow color in diamond?
Nitrogen
What is a trace element?
Atoms in a gem that aren’t part of its essential chemical composition.
What element turns diamonds blue and makes them electrical conductors?
Boron
what is a glide plane?
Crystal distortion caused during growth when one part of the lattice is offset in relation to the rest. It happens when the atoms don’t stack perfectly during growth and the crystal structure becomes deformed.
What is graining?
Visible, shadow-like lines in a diamond caused by irregularities in the crystal structure. Occurs when conditions change during crystal growth
What is Bort?
Bort is a form of diamond that usually occurs as very included single crystals in a range of yellows, grays, and browns - usually industrial use
What is the most valuable characteristic of rough diamonds?
In the gem-quality category, the shape of a rough diamond crystal is the most important factor in its potential value as a gemstone. Two crystals with the same color and clarity might be equal in weight, yet one can be worth many times more than the other on the basis of shape alone.
What is thermal expansion
Capacity of a material to expand when it’s heated.
What is thermal conductivity?
The relative ability of a material to transfer heat.
What are crystal planes?
Internal directions parallel to a mineral’s unit cell surfaces. they produce properties like directional hardness and cleavage.
What are diamonds 3 crystal planes?
cubic, octahedral, and dodecahedral. All diamonds, regardless of their external appearance, contain all three. These planes are important to a diamond cutter because some are best for sawing and polishing and others for cleaving.
what crystal plane is most efficient for sawing diamond rough?
cubic
What is a cleavage plane?
Plane parallel to a possible crystal face, where a diamond can split cleanly when struck.
What surfaces are the hardest on a diamond?
Surfaces parallel to the octahedral planes are also the hardest. They are very resistant to scratching and impossible to polish
What is a twinned crystal?
Crystal consisting of two or more intergrown crystals with opposing crystal directions.
What is a macle?
A flat, triangular twinned diamond crystal.
What are growth marks?
Growth marks are surface features that reflect a crystal’s development. Researchers believe that some types of growth marks are indentations that form when conditions change and cause the crystal to partially dissolve.
What are trigons?
little triangular depressions—occur on octahedral faces. They point in the opposite direction from the point of the crystal’s triangular face
What growth marks do cubic faces have?
Cubic faces can have square or rectangular depressions oriented at a 45° angle to the square face outline.
What growth marks to dodecahedral faces have?
Dodecahedral faces often have parallel grooves running corner to corner in the longest direction.
What are aggregates?
Aggregates are solid masses of individual, randomly oriented crystals. The crystals have the same internal atomic patterns, and they’ve either grown together or they’re cemented by some sort of natural binding agent.
What is Carbonado
is a diamond aggregate that’s used as an industrial abrasive. It can be black, gray, or brown. Because its minute diamond crystals are intergrown, carbonado is the toughest form of diamond
What is gem quality diamond rough?
Gem-quality diamond rough tends to have the most uniform shape. It’s usually transparent, with a shiny to slightly rough surface. Near-gem diamond rough has transparent portions that can be removed and processed by cleaving, sawing, or lasering. It might also be of a less desirable color, such as brown, but still have potential as a fashioned gem.
What is a makeable?
A makeable, or whole stone, is diamond rough that can be polished without sawing, cleaving, or splitting
What is a splittable or clivage?
A splittable, or clivage, is diamond rough that can be divided into small, but valuable, segments by lasering or cleaving.
What’s a flat
A flat is a flat crystal that’s very limited in its potential shape.
What 3 optical effects give a diamond its beauty?
Brightness, fire, scintillation
What is brightness
The effect of all the diamond’s internal and external reflections of white light.
What is fire?
The flashes of color you see in a polished diamond.
What is scintillation?
The flashes of light and the contrasting dark areas you see when the diamond, the light, or the observer moves.
What are proportions and why do they matter?
The angles and relative measurements of a polished gem and the relationships between them. have a dramatic effect on how light performs when it strikes that diamond. The cutter’s choice of faceting style and proportions converts diamond rough into a beautiful, dazzling gem.
What are the parts of a round brilliant?
Crown—Top part of a faceted gem, above the girdle.
Table facet—Facet at the top of the crown; usually the largest facet on the stone.
Upper half facets—Facets that extend from the girdle edge toward the table.
Bezel facets—Kite- or diamond-shaped facets between the table and the girdle.
Star facets—Facets that extend from the table edge toward the girdle.
Girdle—Narrow section that forms the boundary between a stone’s crown and pavilion.
Lower half facets—Facets that extend from the girdle edge toward the culet.
Pavilion—Lower part of a faceted gem, below the girdle.
Pavilion main facets—Kite- or diamond-shaped facets between the girdle and the culet.
Culet—Small facet at the bottom of the diamond, where the pavilion mains meet. Its purpose is to protect loose diamonds against abrasion and chipping.
What’s a wavelength?
The distance between two adjacent high points of an energy wave.
What is reflection?
The bouncing back of light when it strikes a surface
What is transmission
The passage of light into or through a material.
What is angle of incidence?
The angle at which a ray of light strikes a surface, measured from the normal.
What is the angle of reflection?
the angle at which the light bounces off