International diamond tendering company Fusion Alternatives and the international diamond brokerage firm I. Hening & Co. who jointly handle the rough diamond tenders of Namakawa Diamonds and its subsidiary Storm Mountain Diamonds production from their KAO mine in Lesotho, has announced the dates of the next KAO Rough/Special Diamond Tenders, due to take place from January 16-29, 2014. The sale also includes the 36.06-carat, pink, Type IIa rough diamond, known as the “Lesotho Pink Storm” recovered from the KAO mine recently.
Initially, the KAO rough diamond tenders will be held in New York from January 16 – 21, where viewings and submitting of seal-bid tenders will take place. The venue will then shift to Antwerp in Belgium, where the viewings and submitting of seal-bid tenders will continue from January 23 to January 29. Tenders close at 19.00 hrs. on Wednesday, January 29, 2014.
Commenting on the sale by tender of the “Lesotho Pink Storm” Fusion Alternatives CEO, Adam Schulman said, “We are thrilled to have the privilege of tendering this truly rare and exceptional stone. It is not often that a rare diamond of such significant size, color and quality are found together in one stone. This is a unique opportunity for someone to own a very special diamond.”
Mitford Mundell, CEO of Namakwa Diamonds Group and Chairman of Storm Mountain Diamonds commented: “We are proud of the quality of current production. Improvement initiatives that are in the pipeline will further ensure sustainable, quality production from KAO mine for a long time.”