The Australian company Lucapa Diamond Company reported this Wednesday (27) that it discovered a pink diamond measuring 170 carats (or 34 grams) in a mine located in Angola.
The pink stone is a “historic find”, according to the company, as it is believed to be the largest pink diamond in the last 300 years.
The diamond was named “Rosa do Lulo” in honor of the place it was discovered.
According to a statement, the Lulo concession has the two largest diamonds recovered in Angola, with Rosa do Lulo being the 5th largest diamond and the 27th with more than 100 carats ever found in the mine.
The largest, called “Pedra 4 de Fevereiro”, has 404 carats.
Diamantino Azevedo, the country’s Minister of Mineral Resources, Oil and Gas, said in the statement that “this record shows how important Angola remains on the world stage for diamond mining.”
The “Rosa do Lulo” must be cut, a process in which it loses part of its weight, but which makes it a valuable limpid jewel.
The piece will be sold at an international auction held by Sodiam EP, Angola’s Diamond Marketing Company, the statement said.
For Azevedo, the discovery “demonstrates the potential and rewards of commitment and investment in a growing diamond mining industry.”
Source: CNN Brasil

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