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How does a break even analysis of diamond cutting and polishing business or business plan looks like?
Wiki User
∙ 13y ago
A break even analysis of any business would identify the market, identify the source of the raw materials, account for expenses and determine how much to buy and how much to sell in order to break even.
Wiki User
∙ 13y ago
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What company owns the worlds diamond market?
There is no one single company that owns the worlds diamond market. The DeBeers Organization, however, is a long-standing and seasoned business involved in diamonds -- worldwide. They do not own the market.
Who buys diamonds from south Africa how much do they pay how do they get the diamonds there and why are they buying diamonds?
Diamonds are a commodity. South Africa is a major contributor to the diamond industry, based on its diamond mining operations. Raw diamonds are purchased according to their grade and size. People involved in the diamond business make profits.
How much is the Tiffany diamond worth?
The Tiffany Yellow Diamond is the worlds second largest canary yellow diamond. In 1983 the diamond was appraised and valued at 12 million dollars.
What is more expensive white diamond or blue diamond?
All else being equal: carat weight, cut, and clarity, a blue diamond will always be more expensive than a white diamond.
How many facets does a diamond have?
The answer to this question depends on the shape of the diamond. If you mean a modern brilliant-cut round diamond, they have 58 facets.
Can you cut a diamond using other diamond?
Yes. Diamond encrusted blades and diamond powders are used in the cutting and polishing process.
What does grit have to do with diamonds?
Grit, or more commonly, bort, is diamond material used for industry, or in the cutting and polishing process of gem-quality diamond stones.
What do you do if you work as a diamond cutter?
The process of cutting a diamond includes a plan, then the cutting, polishing and finishing steps. Theoretically, the plan maximizes the raw stone's clarity and carat weight -- about 60% of the stone's weight is lost in cutting a diamond. Knowledge and experience are key in this step. The cutting process simply executes the plan, using diamond cutting tools. This step produces the facets. Technique and expertise with tools are key here. Polishing and finishing adheres to the plan, and results in a finished, cut diamond envisioned in the plan -- if nothing 'goes wrong' in any of the processes described.
What city in Belgium is famous for diamonds?
Antwerp in Belgium hosts a thriving diamond industry. The focus is on brokering, with some cutting and polishing accomplished there. There are no diamond mines in Belgium.
What units of measurement is used in diamond cutting?
it'as a way of polishing not unit used in dimond cutting.
What do you do with waste diamond?
Because of its hardness properties, there is no 'waste' in diamond cutting, in the sense that none of it is simply tossed in the trash. Diamond dust and diamond fragments that result from cutting and polishing a diamond are collected and used to cut and polish other diamonds. If a chip happens to be useful as an accent stone in jewelery, it is used that way.
Why can diamond cut another diamond?
Diamond grits can be joined together by an adhesive to form diamond blade. This diamond blade can be used in cutting or polishing another diamond. Diamond is the hardest mineral known and is the only mineral hard enough to cut another diamond.
Do diamonds have trash?
When a diamond is cut, the material taken off is preserved and reused for polishing and cutting other diamonds. Most diamonds -- 75% -- are used by industry, to manufacture cutting and polishing tools. Waste from gemstone manufacture may be sold to a diamond tool manufacturing operation if it is not useful as another tiny gemstone or to polish other gemstones..
What machines that shapes a diamond?
Without endorsement, you can follow the link below, to learn more about the tools and machines used in cutting and polishing diamonds.
What types of prototypes used in diamond chips?
The term 'prototype' and the term 'diamond chips' aren't really connected, since diamond chips are the result of cutting and polishing a diamond stone. Prototype implies something designed and fashioned; diamond chips don't fit into that definition.
How can scrach of diamond be removed?
When a diamond is scratched by another diamond, you can ask a gemologist to polish out the scratch. Note that this may affect the proportions of the diamond's cut depending on how deep the diamond is scratched, so this work is best performed by a certified gemologist expert in cutting and polishing diamonds.
What is diamond polishing?
Diamonds polishing is the process of rubbing a gem-quality diamond against a diamond-encrusted sheet, to render a facet flat and properly angled.
