Rare Pink Diamond May Be the Largest Found in Last 300 Years

  • Australian miner Lucapa says 170-carat stone found in Angola
  • ‘Lulo Rose’ is set to be sold through an international tender
Lulo Rose, the 170 carat pink diamond.Source: Lucapa Diamond Company
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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 E.P. and Rosas & Petalas, said in an exchange filingBloomberg Terminal on Wednesday. It will be sold through an international tender conducted by Angolan state-owned diamond trading firm Sodiam.