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SMD-Choron Agreement

Press Release
SMD and Choron BV agreement on the 108.39 carat pink

06 December 2023

Storm Mountain Diamonds (Pty) Ltd (“SMD”) is pleased to announce that it has entered into an agreement with Choron BV (“Choron”) for the spectacular pink diamond weighing 108.39 carats discovered at the KAO mine in March 2023.

SMD is leading diamond producer that continues to recover exceptional pink diamonds at the renowned KAO mine in the Kingdom of Lesotho. This historic 108.39 carat diamond is one of the largest pink diamonds ever to be discovered globally and its rarity is underlined by the fact that it is a Type 2A diamond.

Founded in 1985, Choron is a leading diamond player with a division specialized in the manufacturing of exceptional rough diamonds. As custodians of many of the remarkable diamonds uncovered in recent years, Choron is delighted to take on the responsibility to reveal the beauty within this gift from Mother Nature.

Robert Cowley, Chairman of the Board of Directors of SMD, explains “SMD continues to consistently deliver extraordinary diamonds and this diamond further cements the KAO mine as the primary producer of pink diamonds globally. We are thrilled to enter into this agreement with Choron and we look forward to the next chapter of this diamond’s story.”

“It is a privilege for Choron to unlock the secrets within this remarkable pink diamond and we look forward to revealing the story of this historic diamond. Our artisans will meticulously transform this rough diamond into an array of polished diamonds that will be remembered for generations to come,” says Anshul Gandhi, Chief Executive Officer of Choron.

SMD and Choron are both members of the Responsible Jewelry Council.

For further information contact:

Robert Cowley
Email: robert.cowley@namakwadiamonds.com
Tel: +27 83537 3372