Found in Angola Pink diamond of 170ct.
A 170ct pink diamond1ct = carat, was discovered and recovered by the Australian diamond company, Lucapa Diamond Company Limited, located in the municipality of Capenda Camulemba, Lunda Norte province, eastern Angola.
The stone nicknamed "Lulo's Rose” goes to international auction by the “hand” of SODIAM, Sociedade de Comercialização de Diamantes de Angola, a subsidiary of Sonangol.
The Lucapa Diamond Company has announced the discovery of a 170ct historic pink type IIa diamond, which it says is one of the rarest pink stones in Angola's history.
In a press release, Endiama, Lucapa Diamond Company Limited and Rosas & Pétalas, partners of Sociedade Mineira do Lulo (SML) announce that the diamond will soon be sold at an auction organized by SODIAM.
The diamond company is proud of the recovery of two of the largest stones recorded in the Angolan mining market, the largest being the 404ct stone known as “Stone 4th of February”.
Reactions
Reacting to the discovery of the diamond, the minister of Mineral Resources, Oil and Gas, Diamantino Azevedo, says that this discovery is a sign that Angola is an important player in the extraction of diamond on a global scale.
“This record of this spectacular pink diamond recovered in Lulo continues to show that Angola is an important player on a global scale in the extraction of diamonds”.
“It also demonstrates the potential and rewards of the commitment and investment made in our thriving diamond industry”, explained the official.
In turn, José Manuel Augusto Ganga Júnior, Chairman of the Board of Directors of ENDIAMA, recognizes the importance that the Lulo deposit plays in the mining market.
“The Lulo diamond deposit, which has distinguished itself for the recovery of special stones, has once again produced a rare and valuable stone, this time a pink diamond”.
“Today is an extraordinary day for the Angolan diamond industry, in particular for Sociedade Mineira do Lulo, resulting from the long-standing partnership between ENDIAMA, Lucapa Diamond and Rosas & Pétalas”.
Manifested Endiama's PCA.
Like Diamantino Azevedo and Nganga Júnior, Stephen Wetherall, head of Lucapa Diamond Company Limited, sees the Lulo mine as a true legacy in the recovery of diamonds, given the collaboration he has with partner mining companies.
“Lulo is an exceptional alluvial resource and constitutes a true legacy. We are proud, once again, of yet another historic recovery”.
"We are also looking forward to this partnership moving forward with its prospecting efforts."
"We are now taking bulk samples of the priority kimberlites, looking for the primary kimberlite sources of these exceptional and high-value diamonds."
Bailed the CEO of Lucapa Diamond Company Limited.
lucapa
Lucapa Diamond Company Limited is a growing Australian diamond company operating at the Lulo mine in Angola and the Kimberlito in Mothae, Lesotho.
Lulo and Mothae produce large, high-value diamonds, generating over 75% of their revenue from salvaging +4,8ct stones.
Lulo has produced over 20+100ct of diamonds to date and is one of the largest producers of alluvial diamonds on average per carat in the world. Lulo produced the two largest diamonds recorded in Angola weighing 404ct and 227ct.
Lucapa's second high-value mine, the diamond-rich 1,1 Mtpa Mothae Kimberlite project in Lesotho, started production in January 2019 and was recently expanded by 45% to 1,6 Mtpa and has also produced five diamonds from +100ct until the moment of its short life.
The Lulo mine is part of the Lucapa mining complex, with more than 400 workers, since the beginning of its operation in 2010.
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Picture: © 2022 Francisco Lopes-Santos
