Sightholders were required to demonstrate the ability to do what with diamonds?

Sightholders were required to demonstrate the ability to do what with diamonds?

• A. Sell diamonds and to add value to those diamonds
• B. Import rough from other markets
• C. Manufacture jewelry directly
• D. Control mining operations

Answer: (B)

Sightholders are expected to be capable, international players in the rough-diamond supply chain who can source material from multiple markets, not just rely on one source. Demonstrating the ability to import rough from other markets shows they can obtain material globally, ensuring a flexible and resilient supply for manufacturing and distribution worldwide. This cross-border sourcing capability is central to their role as De Beers’ established buyers who move rough diamonds through various stages and markets. The other activities—selling and adding value to diamonds, manufacturing jewelry directly, or controlling mining operations—are not what this requirement targets. The emphasis here is on the ability to bring in rough from different sources to feed the global supply network.

Sightholders are expected to be capable, international players in the rough-diamond supply chain who can source material from multiple markets, not just rely on one source. Demonstrating the ability to import rough from other markets shows they can obtain material globally, ensuring a flexible and resilient supply for manufacturing and distribution worldwide. This cross-border sourcing capability is central to their role as De Beers’ established buyers who move rough diamonds through various stages and markets.

The other activities—selling and adding value to diamonds, manufacturing jewelry directly, or controlling mining operations—are not what this requirement targets. The emphasis here is on the ability to bring in rough from different sources to feed the global supply network.