A rare diamond has been discovered in a mine in the African country of Angola. This is the largest diamond discovered in the last 300 years, according to the Australian company. In a statement released by Lucaba Diamond Company, this 170 carat pink diamond is known as The Lulo Rose. The diamond was discovered in the Lulo Mine located in the north-eastern part of the country. It is also the largest pink diamond ever discovered. Angola continues to dominate the world scene with spectacular diamond production from the Lulo mine. Angola's Mineral Resources Minister, Diamantino Acevedo, said. To know the true value of a Lulo Rose diamond, it must be polished. During such polishing, it loses about 50 percent of its weight. The diamond will be auctioned off and sold at an international tender. It is expected to sell at a higher price. The 59.6-carat Pink Star diamond sold for $71.2 million at an auction in Hong Kong in 2017. It is the most expensive diamond ever sold.
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