Lulo Rose: Rare pink diamond, probably the biggest in 300 years, found in Angola

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Lulo Rose: Rare pink diamond, probably the biggest in 300 years, found in Angola

A uncommon 170-carat pink tough diamond, weighing 34 grams, has been found at Lucapa’s Lulo Mine in Angola. Titled ‘The Lulo Rose’, it’s touted to be the biggest pink diamond found within the final 300 years.

“This record and spectacular pink diamond recovered from Lulo continues to showcase Angola as an important player on the world stage for diamond mining and demonstrates the potential and rewards for commitment and investment in our growing diamond mining industry,” Diamantino Azevedo, Angola’s Minister of Mineral Resources, Petroleum and Gas stated in a press release.

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The diamond shall be bought through worldwide tender which shall be carried out by Sodiam EP – the Angolan State Diamond Marketing Company.

Calling it a “historic recovery”, Lucapa Diamond Company acknowledged that the pink diamond is the fifth largest diamond and is the twenty seventh 100+ carat diamond extracted to this point within the Lulo Mining mission. In 2016, the mining operation yielded the biggest ever diamond recovered in Angola – a 404-carat white stone named the ‘4th February Stone’.

It fetched $16 million when it was bought. Reportedly, the Lulo Rose is anticipated to promote for a good greater worth as comparable diamonds have been introduced for exorbitant costs up to now. In 2017, the 59.6 carats Pink Star was bought for $71.2 million US {dollars}making it the most costly diamond ever bought.

The largest identified pink diamond is the Daria-i-Noor, found in India, and weighs an estimated 182 carats.

Pink diamonds are extraordinarily uncommon and, in keeping with BBCthe identical bodily attributes that make the stones scarce additionally make them very powerful and never straightforward to work into shapes.

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With inputs from TheIndianEXPRESS

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