Lucapa Diamond Co. announced that it has recovered a rare 170-carart pink diamond from the Lulo alluvial mine. It is believed to the largest pink diamond recovered in Anglo in the last 300 years.

The diamond has been given the name “The Lulo Rose”.

The prolific Lulo concession boasts the two largest recorded diamonds recovered in Angola, the largest being the 404 carat “Fourth February Stone.” This historical pink diamond is the fifth largest diamond and is the 27th +100 carat recovered to date on the Lulo concession.
The diamond will be sold via international tender to be conducted by Sodiam E.P, the Angolan State Diamond Marketing Company.

“This record and spectacular pink diamond recovered from Lulo continues to showcase Angola as an important player on the world stage for diamond mining and demonstrates the potential and rewards for commitment and investment in our growing diamond mining industry,” his excellency Diamantino Azevedo, Angola’s Minister of Mineral Resources, Petroleum and Gas said.

José Manuel Ganga Júnior, Chairman of the Board of Endiama commented, “The record-breaking Lulo diamond field has again delivered a precious and large gemstone, this time an extremely rare and beautiful pink diamond. It is a significant day for the Angolan diamond industry and the long-standing partnership between Endiama, Lucapa and Rosas and Petalas.”

Lucapa Diamond Company Limited Managing Director, Stephen Wetherall said, “Lulo is an exceptional alluvial resource and is truly a gift. We are once again made very proud by yet another historic recovery.We too look forward to our partnership progressing its exploration effort, where we are now bulk sampling the priority kimberlites, in search for the primary kimberlite sources of these exceptional and high-value diamonds.”