The Lulo Pink Diamond

A 15.2 carat heart-shaped pink diamond has been cut from the biggest gem discovered by an Australian mining company in Africa.

Key points:

• The 46 carat rough pink diamond was the biggest to be found by the Lucapa Diamond Company Limited
• Two pear-shaped diamonds weighing 3.3 carats and 2.3 carats each were also cut from the original find
• Pink-coloured diamonds made up less than 0.1 per cent of global diamond production

The Lucapa Diamond Company Limited cut and polished a 46 carat, pink-coloured rough diamond found earlier this year by Sociedade Mineira Do Lulo (SML) at the Lulo Diamond Project in Angola.

And, if you think the larger stone might be out of your price range, two other gems — pear-shaped diamonds weighing 3.3 carats and 2.3 carats each — were also cut from the original find.

Graded by the Gemological Institute of America (GIA) as Fancy Intense Orangy Pink, with a top clarity grade of VVS1 and Excellent gradings for both polish and symmetry, the heart-shaped stone, weighing about 3 grams, was cut from the largest gem-quality coloured rough diamond recovered to date from Lulo mining operations.

According to GIA estimations, pink diamonds can be worth up to $2 million per carat.

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