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Miners in Angola have uncover a massive pink diamond that may be the self-aggrandising stone of its sort find in the past 300 years .
The pinkdiamondis approximate to matter 170 kt , making it just a iota small than the 182 - carat Daria - i - Noor diamond — the largest pinkish diamond in the world , which today is part of the Iranian National Jewels .
The Lulo Rose is the largest pink diamond found in 300 years, and could become the single most expensive gemstone ever sold.
The new diamond has been nicknamed the " Lulo Rose , " after the Lulo mine in northeast Angola where it was found , according to astatementfrom the Lucapa Diamond Company , which possess Lulo and one other diamond mine in Angola . Since 2015 , the Lulo excavation labor has uncovered 27 adamant weighing more than 100 carats , including the large ball field ever found in Angola : the 404 - carat " 4th February Stone , " which deal for $ 16 million in 2016 .
The Lulo Rose , the fifth - largest diamond found at Lulo , is expected to betray for an even gamy price .
pinkish diamond are comparatively rare , and scientists still are n’t sure about the phenomenon that gives these stones their blushful chromaticity . In 1999 , miners in South Africa uncovered a rough 132 - karat pink baseball field that was after named The Pink Star . For nearly two years , experts tardily cut and ground the rock into a 59 - kt gem , and in 2013 , The Pink Star sell for more or less $ 83 million at auction sale , becoming the single most expensive gem ever sold .
The Lulo Rose also will have to be disregard down from its rough form , which could ensue in its weight dropping by up to one-half , harmonize to the instruction . But even if the Lulu Rose is thin out to 85 carats , the vivid pink Edward Durell Stone look prim to fructify a unexampled gross sales platter of its own .
human have been collecting and trading diamondssince 2500 B.C. , Live Science antecedently reported . For millennium , their dazzling coming into court and extreme tenuity made them a sought - after position symbol that only the man ’s wealthiest could afford .
— exposure : Dazzling mineral and gems
— Photos : The world ’s 6 most far-famed rock
— reflect on : Photos of dazzling mineral specimens
infield form deeply underground — typically 100 air mile ( 160 kilometers ) or more beneath Earth ’s surface — whencarbondeposits are exposed to the utmost heat and temperatures of the innerEarth . Some diamonds may abound to the surface during volcanic eruptions , but today most are found through excavation effort around the world .
close to 90 million kt of unsmooth diamonds are mined for jewelry every year , generating more than $ 300 billion in revenue worldwide ; however , conditions for minelaying diamonds are often wild , and the manufacture has been associate with the displacement of Indigenous peoples , prole exploitation , pollution and human rights abuses , according to a story released in 2018 by the nonprofitHuman Rights Watch .
Originally publish on Live Science .
