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Bangkok Post
Bangkok Post
World

Rare pink diamond 'largest found in 300 years'

Lulo Rose, the 170 carat pink diamond. (Photo: Lucapa Diamond Company)

A rare pink diamond found in Angola may be the largest recovered in the last three centuries, according to Australian miner Lucapa Diamond Co.

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 colourless ones, have fetched record-setting prices in recent years. The De Beers’ Cullinan blue diamond was auctioned for about US$57.5 million at Sotheby’s in Hong Kong in April. 

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