An Australian mining company has unearthed a rare pink diamond which is said to be the largest ever discovered in the last 300 years.
The rare 170-carat gemstone was found in the southern African country of Angola, and is named after its location: The Lulo Rose, the Lucapa Diamond Company said in a statement to investors.
The Australian site operator said that it found the diamond on July 27.
“This record and spectacular pink diamond recovered from Lulo continues to showcase Angola as an important player on the world stage,” AFP cited Angola’s Mineral Resources Minister Diamantino Azevedo, who’s also a partner in the mine, as saying.
The real cost and weight of the gemstone can only be ascertained once it is cut and polished.
Meanwhile, a 59.6-carat Pink Star stone, costing $83 million in 2017, is considered one of the costliest pink diamonds presently.