The mining company Lucapa Diamond Company announced on Tuesday that it had discovered a pure pink diamond in a mine in Angola, which it believes is the largest discovered in the last 300 years, receiving the name of ‘Rose of Lulo’.
According to a statement from Lucapa, Endiama and Rosas & Pétalas, partners of Sociedade Mineira Do Lulo, sent to Lusa, the 170-carat diamond found in the Lulo mine, in northeastern Angola, is one of the largest pink diamonds ever discovered and it joins the two largest diamonds ever discovered in Angola, also in this mine.
The “historic” discovery of this type IIa diamond, which includes particularly rare and pure stones, was welcomed by the Angolan government, a partner in the mine: “This record-breaking and spectacular Lulo pink diamond continues to show that Angola is a major player in the world scenario of diamond extraction”, said the Minister of Mineral Resources of Angola, Diamantino Azevedo.
the stone will be sold at international auctionsand should fetch an extremely high price.
Although the “Rosa do Lulo” still needs to be cut and polished to reach its full value, a process in which a stone you can lose 50% of your weight – Similar pink diamonds have fetched dizzying prices in the past.
In 2017, the 59.6-carat “Pink Star” diamond was auctioned in Hong Kong for $71.2 million, about 70 million euros, and remains, to date, the most expensive diamond in history.
Source: Observadora
