Australia’s Lucapa diamond firm stated on Wednesday that miners at a website in Angola had discovered a 170-carat pink diamond, dubbed the Lulo Rose.

The stone, a Sort IIa diamond,  is believed to be the biggest of its type to have been present in centuries.

How worthwhile is the discover?

It is anticipated that the diamond will fetch a blinding sum when it’s bought at worldwide tender, with related pink diamonds having gone for record-breaking costs.

The 59.6 carat Pink Star was auctioned in Hong Kong in 2017 for $71.2 million (€70.2 million) and stays the most costly diamond ever bought.

Nonetheless, to comprehend its true worth, the Lulo Rose must be lower and polished in a course of that may see diamonds lose as much as half their weight.

Pink diamonds are graded, when it comes to worth, in accordance with the 4 Cs — shade, readability, lower, and carat weight.

Lucapa hailed the discovering of the stone as “historic.” The Angolan authorities, which is a accomplice within the mine, warmly welcomed the invention.

“This file and spectacular pink diamond recovered from Lulo continues to showcase Angola as an vital participant on the world stage,” Angola’s Mineral Sources Minister Diamantino Azevedo stated.

The diamond shall be lower earlier than it’s bought, just like the record-breaking Pink Star was in 2017

What’s a pink diamond?

Whereas most coloured gem stones comprise chemical impurities that take in mild, no such supplies are present in pure pink diamonds

As a substitute, the colour is regarded as attributable to “plastic deformation” that the stones endure throughout formation.

The speculation goes that the diamonds, shaped deep within the Earth, are propelled to the floor amid seismic shocks.

The method modifications electron constructions throughout the crystal lattice, affecting the way in which that the stone refracts mild.

Pink diamonds are often related to the Argyle mine in northwestern Australia, which produces an estimated 90% of the world’s pure pink diamonds. 

Nonetheless, they’ve additionally been present in Brazil, India, and Tanzania, in addition to Angola.

The most important identified pink diamond is the Daria-i-Noor (Sea of Gentle) diamond, which was mined in India and is a part of the Iranian Crown Jewels assortment of the Central Financial institution of Iran.

Nonetheless, maybe the best-known pink diamond is the Pink Panther, from the 1963 movie of the identical identify through which Peter Sellers’ hapless Inspector Clouseau tries to trace down a jewel thief.

Edited by: Darko Janjevic