Don’t miss the latest developments in business and finance.

Angola: Rare pink diamond may be the largest one found in 300 years

The 170-carat stone from the Lulo alluvial mine has been named the "Lulo Rose"

diamond
Fancy coloured diamonds, which are rarer than colorless ones, have fetched record-setting prices in recent years.
Agencies
1 min read Last Updated : Jul 27 2022 | 11:35 PM IST
A rare pink diamond found in Angola may be the largest recovered in the last three centuries, according to Australian miner Lucapa Diamond. 

The 170-carat stone from the Lulo alluvial mine has been named the “Lulo Rose,” the company and its partners, Endiama EP and Rosas & Petalas, said in an exchange filing on Wednesday. 

It will be sold through an international tender conducted by Angolan state-owned diamond trading firm Sodiam. 

Fancy coloured diamonds, which are rarer than colorless ones, have fetched record-setting prices in recent years.

Topics :AngolaPrecious metalsDiamonds