Lucapa Diamond has found a rare 170-carat pink Type IIa diamond at its 40%-owned Lulo mine in Angola. According to Rough & Polished, the rare gem, dubbed “The Lulo Rose”, is “believed to be the largest pink diamond recovered in the last 300 years.”
The stone is the fifth largest diamond recovered to date on the Lulo concession. The 404 carat “4th February Stone” is the largest diamond to be recovered there since commercial production began in 2015.
“The Lulo Rose” will be sold through an international tender conducted by Sodiam, the Angolan State diamond marketing company. Angola’s Minister of Mineral Resources Diamantino Azevedo commented: “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.”
