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Rare pink diamond discovered – The largest in the last 300 years

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The “historic” find of the grade IIa diamond, one of the rarest and purest forms of natural stones, was welcomed by the government of Angola, which is also a partner in the mine.

Miners in Angola they discovered one rare clear pink diamond which it is believed to be the largest found in the last 300 yearsthe Australian mine management company announced on Wednesday.

A pink diamond 170 carats– named The Lulo Rose – was discovered at the Lulo mine in the northeast of the country and is one of the largest pink diamonds ever found, Lucapa Diamond Company said in a statement to investors.

The “historic” find of the grade IIa diamond, one of the rarest and purest forms of natural stones, was welcomed by the government of Angola, which is also a partner in the mine.

“This record and spectacular pink diamond recovered from Lulo continues to highlight Angola as a major player on the world stage,” said Angola’s Minister of Mineral Resources Diamantino Azevedo.

According to Agence France-Presse, the diamond will be sold at an international auction, “probably at a dazzling price.”

Although the Lulu Rose it will need to be cut and polished to appreciate its true value, a process that can see a stone lose 50 percent of its weight, similar pink diamonds have sold for record prices.

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

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