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A rare pink diamond believed to be the largest seen in 300 years has been found

Miners in Angola have discovered a rare pure pink diamond believed to be the largest in 300 years, the Australian site operator announced on Wednesday (27 July).

Lucapa Diamond Company said in a statement that a 170-carat pink diamond named Lulo Rose was discovered at the Lulu mine in the diamond-rich northeastern country, and is among the largest pink diamonds ever found.

The Angolan government, which is also a partner in the mine, hailed the “historic” discovery of a type IIa diamond, one of the rarest and purest forms of natural stones, representing only 1-2% (1.8 percent ) of natural diamonds. precious stones).

“This record and the stunning pink diamond from Lulu continue to highlight Angola as a major player on the world stage,” said Diamantino Azevedo, Minister of Mineral Resources of Angola.

The diamond is likely to be offered at international auctions at very high prices.

Although the Lulo Rose needs to be cut and polished to realize its true value, it will not lose any of its value as similar pink diamonds are sold at record prices in a process where you can see the gemstone is losing 50% of its weight.

The 59.6-carat Pink Star was sold at an auction in Hong Kong in 2017 for $71.2 million. Which is still the most expensive diamond ever sold.

source: phys.org

Source: Arabic RT

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