SAQA All qualifications and part qualifications registered on the National Qualifications Framework are public property. Thus the only payment that can be made for them is for service and reproduction. It is illegal to sell this material for profit. If the material is reproduced or quoted, the South African Qualifications Authority (SAQA) should be acknowledged as the source.
SOUTH AFRICAN QUALIFICATIONS AUTHORITY 
REGISTERED UNIT STANDARD: 

Demonstrate knowledge and understanding of diamond marketing 
SAQA US ID UNIT STANDARD TITLE
421843  Demonstrate knowledge and understanding of diamond marketing 
ORIGINATOR
QCTO Task Team - Mining and Minerals 
PRIMARY OR DELEGATED QUALITY ASSURANCE FUNCTIONARY
-  
FIELD SUBFIELD
Field 06 - Manufacturing, Engineering and Technology Fabrication and Extraction 
ABET BAND UNIT STANDARD TYPE PRE-2009 NQF LEVEL NQF LEVEL CREDITS
Undefined  Regular  Level 2  NQF Level 02 
REGISTRATION STATUS REGISTRATION START DATE REGISTRATION END DATE SAQA DECISION NUMBER
Reregistered  2018-07-01  2023-06-30  SAQA 06120/18 
LAST DATE FOR ENROLMENT LAST DATE FOR ACHIEVEMENT
2024-06-30   2027-06-30  

In all of the tables in this document, both the pre-2009 NQF Level and the NQF Level is shown. In the text (purpose statements, qualification rules, etc), any references to NQF Levels are to the pre-2009 levels unless specifically stated otherwise.  

This unit standard does not replace any other unit standard and is not replaced by any other unit standard. 

PURPOSE OF THE UNIT STANDARD 
This unit standard will be useful to people who are entering into small scale diamond mining, as well as people who are currently working in this field and who need formal qualifications. This unit standard will contribute to the formalisation of this sub-sector.

Persons credited with this unit standard will be able to:
  • Demonstrate knowledge relating to the identification of diamond markets.
  • Explain the diamond evaluation process and procedures.
  • Explain the diamond selling process and procedures.
  • Explain the security requirements pertaining to diamonds and diamond marketing. 

  • LEARNING ASSUMED TO BE IN PLACE AND RECOGNITION OF PRIOR LEARNING 
  • Communication at NQF Level 2.
  • Mathematical Literacy at NQF Level 2. 

  • UNIT STANDARD RANGE 
    N/A 

    Specific Outcomes and Assessment Criteria: 

    SPECIFIC OUTCOME 1 
    Demonstrate knowledge relating to the identification of diamond markets. 

    ASSESSMENT CRITERIA
     

    ASSESSMENT CRITERION 1 
    Statutory requirements related to diamond marketing are described. 
    ASSESSMENT CRITERION RANGE 
    Must include:
  • Kimberley process.
  • Diamond Amendment Act, Act 30 of 2005.
  • Diamond Export Levy Act, Act 15 of 2007.
     

  • ASSESSMENT CRITERION 2 
    Requirements pertaining to registered site holders are explained. 
    ASSESSMENT CRITERION RANGE 
    Must include:
  • Diamond regulator.
  • Registration of site.
  • Authorised personnel.
  • Diamond Council.
     

  • ASSESSMENT CRITERION 3 
    The State Diamond Trader and functions are identified and described. 
    ASSESSMENT CRITERION RANGE 
    Must include:
  • Objectives.
  • Government diamond valuator.
  • Independent valuator.
  • Beneficiators.
     

  • ASSESSMENT CRITERION 4 
    Requirements pertaining to export of diamonds are explained. 
    ASSESSMENT CRITERION RANGE 
    Must include:
  • Diamond Exchange and Export Centre.
  • Diamond Export Levy act, Act 15 of 2007.
     

  • SPECIFIC OUTCOME 2 
    Explain the diamond evaluation process and procedures. 

    ASSESSMENT CRITERIA
     

    ASSESSMENT CRITERION 1 
    Tools and equipment are identified. 
    ASSESSMENT CRITERION RANGE 
    Must include:
  • Loupe.
  • Scale.
  • Tweezers.
  • Light.
  • White table.
     

  • ASSESSMENT CRITERION 2 
    The clarity factor in the valuation of diamonds is described. 
    ASSESSMENT CRITERION RANGE 
    Must include:
  • FL-Flawless.
  • IF-Internally Flawless.
  • VVS1,VVS2-Very Very Slightly Imperfect.
  • VS1,VS2-Very Slightly Imperfect.
  • SI1,SI2-Slightly Imperfect.
  • I1,I2,I3-Imperfect.
     

  • ASSESSMENT CRITERION 3 
    The colour factor in the valuation of diamonds is described. 
    ASSESSMENT CRITERION RANGE 
    Must include:
  • D - F :Colourless.
  • G - J : Near colourless.
  • K - M : Slightly tinted.
  • N - R : Very lightly coloured.
  • S - Z : Light Colour.
     

  • ASSESSMENT CRITERION 4 
    The carat value in the valuation of diamonds is described. 

    ASSESSMENT CRITERION 5 
    The cut (shape) in the valuation of diamonds is described. 
    ASSESSMENT CRITERION RANGE 
    Must include:
  • Cube.
  • Dodecahedron.
  • Triangle.
     

  • SPECIFIC OUTCOME 3 
    Explain the diamond sales process and procedures. 

    ASSESSMENT CRITERIA
     

    ASSESSMENT CRITERION 1 
    The rapport and its function are explained. 

    ASSESSMENT CRITERION 2 
    The influence of the exchange rate on the value of diamonds is explained. 
    ASSESSMENT CRITERION RANGE 
    Must include:
  • Calculate the exchange rate.
  • Pricing.
     

  • SPECIFIC OUTCOME 4 
    Explain the security requirements pertaining to diamonds and diamond marketing. 

    ASSESSMENT CRITERIA
     

    ASSESSMENT CRITERION 1 
    Legal requirements on the secure storage of diamonds are explained. 
    ASSESSMENT CRITERION RANGE 
    Must include:
  • Possession of diamonds.
  • Licensing of ownership.
  • Licensing of premises.
     

  • ASSESSMENT CRITERION 2 
    Legal requirements on the secure transportation of diamonds are explained. 

    ASSESSMENT CRITERION 3 
    Requirements on the security at registered marketing sites are explained. 

    ASSESSMENT CRITERION 4 
    The consequences of deviating from good security practices are described in terms of potential impact on the employment relationship, the well being of the organisation and compliance with the law. 


    UNIT STANDARD ACCREDITATION AND MODERATION OPTIONS 
  • Anyone assessing a learner or moderating the assessment of a learner against the qualification must be registered as an assessor with the relevant QCTO Quality Assurance Partner (QAP).
  • Any institution offering learning that will enable the achievement of this qualification must be accredited as a provider with the relevant QAP.
  • Moderation of assessment will be overseen by the relevant QAP according to the moderation guidelines and the agreed QAP procedures.
  • Moderation must include both internal and external moderation of assessments, unless the QAP policies specify otherwise. Moderation should also encompass achievement of the competence described in the associated unit standard/s.
  • Anyone wishing to be assessed against this qualification may apply to be assessed by any assessment agency, assessor or provider institution that is accredited by the relevant QAP. 

  • UNIT STANDARD ESSENTIAL EMBEDDED KNOWLEDGE 
    The following embedded knowledge will be assessed in an integrated way in the context of the unit standard.

    Critical factors relating to the marketing and evaluation processes:
  • Legal and specified requirements.
  • Achieving specified market requirements.
  • Risk Assessment procedures and actions.
  • Specified communication requirements.
  • Elementary principles of the process.

    Processes and events pertaining to the marketing and evaluation processes:
  • Preparation.
  • Examination.
  • Evaluation.
  • Marketing.

    Causes and effects (safety requirements):
  • Use of personal protective equipment.
  • Use of tools and equipment.
  • Workplace hazards and associated risks.
  • Housekeeping.
  • Security requirements.

    Regulations, legislation, agreements, policies and standards relating to diamond marketing:
  • Diamond possession and marketing legislation and regulations.
  • Quality policies, standards and agreements. 

  • UNIT STANDARD DEVELOPMENTAL OUTCOME 
    N/A 

    UNIT STANDARD LINKAGES 
    N/A 


    Critical Cross-field Outcomes (CCFO): 

    UNIT STANDARD CCFO IDENTIFYING 
    Identify and solve problems and make decisions using critical and creative thinking.
    Note:
  • The learner is able to interpret and respond to markets and evaluation of diamonds by taking appropriate action and/or referring the matter to the relevant persons. 

  • UNIT STANDARD CCFO WORKING 
    Work effectively with others as a member of a team, group, organisation or community.
    Note:
  • The learner understands the importance of and promotes effective teamwork in the marketing and evaluation process by adhering to protocols. 

  • UNIT STANDARD CCFO ORGANISING 
    Organise and manage himself/herself and his/her activities responsibly effectively.
    Note:
  • The learner is able to work in accordance with relevant procedures pertaining to marketing and evaluation. 

  • UNIT STANDARD CCFO COLLECTING 
    Collect, analyse, organise and critically evaluate information.
    Note:
  • The learner is able to constantly monitor and interpret marketing and evaluation conditions by means of observation, analyses, and interpretation of market related information. 

  • UNIT STANDARD CCFO SCIENCE 
    Use science and technology effectively and critically, showing responsibility towards the environment and health of others.
    Note:
  • The learner is able to interact with evaluation and other technology applied in a typical diamond market. 

  • UNIT STANDARD ASSESSOR CRITERIA 
    N/A 

    REREGISTRATION HISTORY 
    As per the SAQA Board decision/s at that time, this unit standard was Reregistered in 2015. 

    UNIT STANDARD NOTES 
    Terminology:

    Specified requirements include legal and site-specific requirements and are contained in one or more of the following documents:
    Legal:
  • Relevant Acts, e.g. The Diamond Export Levy Act (Act No. 15 of 2007), and Diamond Amendment Acts of 2005.
  • Codes of Practice.
  • SANS and other relevant Standards.

    Site-specific:
  • Hazard Identification and Risk Assessments (HIRA).
  • Occupational Health and Safety Risk Management Programme.
  • Managerial Instructions.
  • Mine Standard Procedures.
  • List of Recorded OH and S Risks.
  • Working Guides.
  • Equipment and Materials Specifications. 

  • QUALIFICATIONS UTILISING THIS UNIT STANDARD: 
      ID QUALIFICATION TITLE PRE-2009 NQF LEVEL NQF LEVEL STATUS END DATE PRIMARY OR DELEGATED QA FUNCTIONARY
    Elective  90655   National Certificate: Small Scale Mining  Not Applicable  NQF Level 03  Reregistered  2023-06-30  MQA 


    PROVIDERS CURRENTLY ACCREDITED TO OFFER THIS UNIT STANDARD: 
    This information shows the current accreditations (i.e. those not past their accreditation end dates), and is the most complete record available to SAQA as of today. Some Primary or Delegated Quality Assurance Functionaries have a lag in their recording systems for provider accreditation, in turn leading to a lag in notifying SAQA of all the providers that they have accredited to offer qualifications and unit standards, as well as any extensions to accreditation end dates. The relevant Primary or Delegated Quality Assurance Functionary should be notified if a record appears to be missing from here.
     
    NONE 



    All qualifications and part qualifications registered on the National Qualifications Framework are public property. Thus the only payment that can be made for them is for service and reproduction. It is illegal to sell this material for profit. If the material is reproduced or quoted, the South African Qualifications Authority (SAQA) should be acknowledged as the source.