Pink diamond discovered in Angola mine is largest in 300 years, company claims

A big pink diamond of 170 carats has been discovered inCalled the “Lulo Rose,” the diamond was found at the Lulo alluvial diamond mine in the diamond-rich Lunda Norte region of Angola, the mine’s owner, the Lucapa Diamond Company, said on Wednesday on its website.

The pink gemstone is expected to fetch a high price when auctioned but Wetherall said he did not know what kind of premium would be paid because of its colour.Speaking from the company’s headquarters in Australia, Wetherall said the Lucapa company was searching for the underground deposits, known as kimberlite pipes, which would be the main source of the diamonds.Read more

About 400 staff are employed at the Lulo mine, which has already produced the two largest diamonds ever found in Angola, including a 404-carat clear diamond, he said.Sign up to receive the top stories from Guardian Australia every morning.

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Australian mining company unearths rare 170 carat pink diamond believed to be largest seen in 300 yearsA rare pure pink diamond found in Angola may be the largest of its kind uncovered in the last 300 years. And thats the last thing anybody ever heard about it. Sell it to feed the poor ! Will that trickle down to Australians?
Source: abcnews - 🏆 5. / 83 Read more »

Australian mining company unearths rare 170 carat pink diamond believed to be largest seen in 300 yearsA rare pure pink diamond found in Angola may be the largest of its kind uncovered in the last 300 years. And thats the last thing anybody ever heard about it. Sell it to feed the poor ! Will that trickle down to Australians?
Source: abcnews - 🏆 5. / 83 Read more »