LONDON — A rare pink diamond has been unearthed in Angola and is claimed to be one of the largest ever found in the world.
The 170-carat gemstone, called “Lulo Rose,” was found at the Lulo alluvial mine in Angola’s diamond-rich Lunda Norte region, according to a press release from the mine’s Australia-based owner, Lucapa Diamond Company.
Lucapa said the Lulo rose is believed to be the largest pink diamond recovered in the last 300 years and the fifth largest diamond ever discovered at the Lulo alluvial mine, where the stones are sourced from a river bed. It is the 27th diamond of 100 carats or more found at the mine, according to the company.
The two largest diamonds ever found in Angola were previously found at the same mine, with the largest being a 404-carat clear diamond, according to Lucapa, who is now looking for the mine’s kimberlite pipes, or underground deposits that will be the main source of the stones.
“Lulo is an exceptional alluvial resource and is truly a gift. We are once again very proud of another historic recovery,” Lucapa’s managing director and chief executive Stephen Wetherall said in a statement on Wednesday. “We also look forward to our partnership continuing its exploration efforts, where we are now extensively sampling the priority kimberlites, looking for the primary kimberlite sources of these exceptional and valuable diamonds.”
The rare colored gem will be sold via international tender by Angola’s state-owned diamond marketing company, Sodiam.
Angola is among the world’s top ten producers of diamonds. Only one in 10,000 diamonds found is colored, according to the Gemological Institute of America, a California-based nonprofit that researches gemology.
“This record and the spectacular pink diamond recovered from Lulo continue to show Angola as a major player on the world diamond mining stage and demonstrate the potential and rewards for commitment and investment in our growing diamond mining industry,” the Angolan Minister of Mineral Resources, Petroleum. and Gas Diamantino Azevedo said in a statement on Wednesday.