170-carat pink diamond found in Angola, biggest diamond in 300 years
On July 28, CNN reported the discovery of a 170-carat pink diamond in Angola, a central African country. The mining company “Lucapa Diamond Company” (Lucapa Diamond Company) from Australia. Identified as the largest gemstone discovered in 300 years.
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Photo by Handout / LUCAPA DIAMOND COMPANY LIMITED / AFP
Lucapa Diamond and Angola’s state-owned diamond mining company Endiama and Rosas & Petalas, an Angola-based private equity firm. It said in a statement on Wednesday, July 27 that the diamond, dubbed Lulo Rose, was discovered at the Lulo Basin diamond mine. in the province of Lunda Norte
Stephen Weatherroll According to Lucapa Diamond, the managing director of colored diamonds is only 1 in 10,000 and diamonds larger than 10.8 carats are only 1 in every 100, so we used to mine pink diamonds. before But finding this size is very rare. but declined to appraise because it is in the process of reviewing and valuing
Photo by Handout / LUCAPA DIAMOND COMPANY LIMITED / AFP
The pink gem is expected to be auctioned by Sodiam, an Angola-based diamond marketing company.
Angola’s Minister of Minerals, Petroleum and Gas, Diamantino Azevedo, said: “The beautiful pink diamond mined from Lulo also shows that Angola is a key player on the global stage for diamond mining. And it shows the potential and rewards for our commitment and investment in the growing diamond mining industry.”
Photo by Handout / LUCAPA DIAMOND COMPANY LIMITED / AFP
The Angola mine is one of the world’s largest producers of diamonds. According to the American Institute of Gemological Sciences which conducts research on diamond production and in diamond mining in the basin Gems are mined from the gravel and sand of the river bed.
Angola’s largest diamond, the “4th February Stone,” was mined from the Lulo mine on Feb. 4, 2016, measuring 404.2 carats and was auctioned for $16 million.
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Angola expects this year to produce 10.5 million carats of “diamonds” worth over 46 billion!
