Rare Pink Diamond Found At Australia.
The world’s rarest pink diamond has been discovered in Australia. A rare pure pink diamond has been discovered by miners in Sydney’s Angola. The operator of the Australian site announced on Wednesday that it was the largest found in 300 years. A 170-carat pink diamond was discovered at the Lulo mine in the country’s diamond-rich northeast region. It is one of the largest pinz diamonds ever found, Lucapa Diamond Company said in a statement to investors. The Angolan government has hailed the discovery of the Type IIa diamond, one of the rarest and purest natural stones, as a historic event. “This record and stunning pink diamond recovered from Lulo continues to make Angola a unique presence on the world stage,” said Angola’s Minister of Mineral Resources, Diamantino Azevedo.
But it is bigger than the previously found pink diamond. Minister Diamantino Azevedo revealed that the diamond will be sold in the international market for a huge price. However, while cutting and polishing the rose diamond in Loo, the weight of the diamond will be reduced by 50 percent. In the past, the 59.6 carat Pink Star diamond was sold at a Hong Kong auction for approximately 71.2 million dollars. However, this newly available pink diamond has the potential to be sold at a higher price.