Categories: World

Rare pink diamond mined in Angola is largest in 300 years

<p>
A rare pink diamond mined in Angola which may be the largest in the last 300 years, according to Australian mining firm Lucapa Diamond Co.</p>
<p>
The 170-carat stone from the Lulo alluvial mine has been named the “Lulo Rose,” the company and its partners said in an exchange filing on Wednesday.</p>
<p>
The Angolan government, which is also a partner in the mine, welcomed the find.</p>
<p>
"This spectacular pink diamond recovered from Lulo continues to showcase Angola as an important player on the world stage," Angola's Mineral Resources Minister Diamantino Azevedo said.</p>
<p>
It will be sold through an international tender conducted by Angolan state-owned diamond trading firm Sodiam.</p>
<p>
Coloured diamonds are rarer than colourless ones and have fetched record-breaking prices. The De Beers’ Cullinan blue diamond, for instance, was auctioned for about $57.5 million at Sotheby’s in Hong Kong in April.</p>

IN Bureau

Recent Posts

India-Liberia hold first round of Foreign Office Consultations

The first round of Foreign Office Consultations (FOC) between India and Liberia took place in…

6 minutes ago

Ambassador Kwatra, US Deputy Secy Campbell meet Indian Astronauts, discuss space sector, defence space cooperation

Indian Ambassador to the US, Vinay Mohan Kwatra along with US Deputy Secretary Campbell and…

16 minutes ago

Netherlands PM speaks about “strengthening good relations” with India during phone call with PM Modi

The Netherlands Prime Minister Dick Schoof said he had a telephonic conversation with Prime Minister…

1 hour ago

India willing to maintain fruitful communication with China in pragmatic manner: Ajit Doval on border issues

National Security Advisor, Ajit Doval on Wednesday highlighted India-China border issues and stated that New…

2 hours ago

No mention of Jammu and Kashmir in UNGA resolution tabled by Pakistan, say MEA sources

There have been some misleading foreign media reports about a resolution in the United Nations…

2 hours ago

India, China agree on resumption of Kailash Mansarovar Yatra, cross-border river cooperation, Nathula border trade

Following the 23rd meeting of the Special Representatives, India and China reaffirmed their commitment to…

2 hours ago