30-Carat Fancy Pink Set for Antwerp Sale

RAPAPORT... Lesotho-focused miner Namakwa Diamonds will sell a29.59-carat, fancy-pink rough stone in Antwerp this fall.The company discovered the diamond at its KAO mine in theAfrican country on June 12, according to brokerage firm Bonas-Couzyn, whichwill facilitate the sale. The stone - named the Rose of KAO - will appear inAntwerp for viewings from September 17 to 28, and bidding in an online tender willclose October 1. The auction is part of the fourth sale of KAO goods this year.Namakwa owns and operates the KAO mine through itssubsidiary, Storm Mountain Diamonds. The asset has a record of producingfancy-color diamonds: The miner recovered the 36.06-carat Pink Storm inDecember 2013, and sold it the following month.