miner have recover what ’s believed to be one of the largest raw pink diamonds ever discovered . anticipate the “ Lulo Rose , ” the 170 - kt pink stone was determine earlier this month at a adamant mine in the Lunda Norte realm of Angola owned by the Australian mining giantLucapa Diamond Company .

The stone is a eccentric IIa diamond , meaning it has small - to - no impurities . Its soft fortunate tone also adds to the special oddity of the uncovering .

The Lulo Rose is set to be sold on the external food market . There ’s no word yet on the damage it ’s expect to fetch , but we can augur a eye-popping amount of money of money since large pink diamondsoften sellin the decade of millions of clam .

![The “Lulo Rose” is 170-carat pink pink diamond found earlier this month at a diamond mine in the Lunda Norte region of Angola.](https://assets.iflscience.com/assets/articleNo/64645/iImg/58855/Lulo Rose170 carat photo 4 - Copy.jpeg)

Another image of the Pink Panther… I mean the Lulo Rose. Image courtesy of Lucapa Diamond Company Limited

Back in 2017 , the 59.6 carat " Pink Star " diamondwas soldat a Hong Kong vendue for a spine - shivering $ 71.2 million , making it the most expensive diamond ever sell .

“ The track record - break Lulo diamond field has again delivered a cute and large gemstone , this time an passing rare and beautiful pink ball field , ” Dr José Manuel Ganga Júnior , Chairman of the Board of Endiama , enounce in astatement .

Diamonds are a solid signifier of the chemical element carbon , with their atom coiffure in a crystalline structure . Most werecreatedover 3 billion years ago , some 150 to 200 kilometers ( 93 to 124 international nautical mile ) underground in the Earth ’s mantle , where they are subject to acute heat and pressure . They are then brought nigher to the open through volcanic activity .

Africa is an especially diamond - rich part of the worldbecauseit has a high assiduity of volcanic pipes , which basically play as “ world ’s pore ” , bottom through the major planet ’s outermost crust .

There are afew theoriesabout how pink diamonds are forge , but no agreed - upon consensus . Other diamonds get their color from chemical impureness that soak up light : for case , yellow diamonds contain traces of nitrogen and blue infield contain boron . Pink diamonds , however , are a bit unlike . One of the most racy theories suggests that pink diamonds are created by some sort of seismic jolt that alters the stone ’s molecular bodily structure .