A rare pink diamond discovered in Angola is believed to be the largest of its kind discovered in the last 300 years.
The 170-carat stone, weighing only 34 grams, has been dubbed the “Lulo Rose” after the alluvial mine where it was discovered. Alluvial refers to stones gathered from a river bed.
The Lucapa Diamond Company, the mine’s Australian owner, claims that just one in 10,000 diamonds recovered are pink.
The finding of the pink diamond has sparked great interest not just in African diamond producing countries, but also around the world.
“The discovery of this specific pink diamond in Angola is clear proof that natural diamonds have always been the world’s true wonders,” stated Dr M’Zée Fula Ngenge, Chairman of the African Diamond Council.
The mine in Angola produced the country’s two largest diamonds, including a 404-carat clear diamond.
Sodiam, Angola’s state diamond marketing company, will sell the ‘Lulo Rose’ by international tender.
“When it comes to these uncommon goods, it’s extremely difficult to put or grasp what sort of premium might be paid for this kind of stone,” said Stephen Wetherall, CEO of Lucapa Diamond Company.
It is likely to fetch a record-breaking price due to its purity and distinctive coloring.
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