Largest pink diamond discovered in 300 years

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An Australian mining company has discovered a 170-carat (34 grams) pink diamond in a mine in Angola. The stone, called “The Lulo Rose,” is the largest rough diamond find of its kind in about 300 years, according to the Lucapa Diamond Company.

The diamond was found in the Lulo mine in the northeast of the South African country. It will now be sold through an international tender by Angola’s state-owned diamond marketing company.

This record “continues to show Angola as a major player on the global stage of diamond mining,” Mineral Resources Minister Diamantino Pedro Azevedo said on Wednesday. According to the Lucapa Diamond Company, in 2016 the largest recorded rough diamond in Angola was mined at the Lulo mine, the white “Stone of February 4” with 404 carats (almost 81 grams).

The most expensive cut diamond of all time, the 59-carat “Pink Star”, was auctioned in Hong Kong in 2017 for $71.2 million (currently about €70 million).

Source: Krone

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