Lucapa Diamond Company Limited (ASX:LOM) and its partners in Sociedade Mineira Do Lulo (SML) have recovered an historic 170 carat pink Type IIa diamond from the Lulo alluvial mine in Angola.
The 170 carat pink stone is an historic recovery as it is believed to be the largest pink diamond recovered in the last three hundred years.
The diamond has been given the name “The Lulo Rose”. The Lulo concession boasts the two largest recorded diamonds recovered in Angola, the largest being the 404 carat “4th 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.
Lucapa Diamond Company Limited Managing Director, Stephen Wetherall said Lulo is an exceptional alluvial resource.
“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,” he said.
For further information please visit: https://www.lucapa.com.au/
