Angolan miners have discovered a rare pure pink diamond, the biggest in 300
years, according to the announcement made on Wednesday by the Australian
site operator.
According to a statement from the Lucapa Diamond Company to investors, a
170 carat pink diamond known as The Lulo Rose was found in the Lulo mine in
the diamond-rich northeast of the nation. It is one of the biggest pink
diamonds ever found.
The Angolan government, a mining partner, hailed the "historic" discovery
of the Type IIa diamond, one of the rarest and purest varieties of natural
stone.
Angola's Minister of Mineral Resources, Diamantino Azevedo, stated, "This
record and spectacular pink diamond recovered from Lulo continues to
showcase Angola as an important player on the world stage."
The diamond will probably fetch a stunning price when it is sold at
international tender.
Identical pink diamonds have sold for record-breaking amounts, but The Lulo
Rose would need to be cut and polished to reach its full value—a procedure
that may cause a stone to lose half of its weight.
In 2017, the 59.6-carat Pink Star brought in 71.2 million US dollars at an
auction held in Hong Kong. It is still the priciest diamond ever sold.
