SourcingOct 24, 2022
Nearly 48-Carat ‘Pink Eternity’ Diamond Recovered From Kao Mine SourcingDec 02, 2022
Lucapa Sells 170-Carat Pink Diamond Unearthed This Summer
Said to be the largest pink diamond found in hundreds of years, “The Lulo Rose” was sold for an undisclosed sum.
PHOTO The 170-carat “Lulo Rose,” said to be the largest pink diamond found in 300 years, was sold alongside six other diamonds weighing 45 carats or more at a tender held last month in Angola.
PHOTO Another shot of The Lulo Rose, this time alongside an 80-carat white diamond also from Angola’s Lulo mine. The mine’s operators declined to disclose the diamond’s sale price or the name of the company that bought it. (Photo courtesy of Lucapa Diamond Company Ltd.)
Luanda, Angola—The 170-carat pink diamond recovered this summer has been sold, though the companies that operate the mine are not saying to whom or for how much.
The type IIa diamond came out of the Lulo alluvial mine in Angola in July.
At the time of the diamond’s discovery, the companies that operate the mine— Australian miner Lucapa Diamond Company Ltd., private Angolan company Rosas & Petalas and state-owned Endiama E.P.—said it was the largest pink diamond found in 300 years, marking another “historic recovery” at the mine.
Last month, Sodiam E.P., Angola’s state-owned diamond marketing company, sold The Lulo Rose alongside six other big rough diamonds via an international tender held in Angola that totaled $20.4 million and averaged $26,536 per carat.
The other stones, all white diamonds, were: 160 carats, 131 carats, 113 carats, 81 carats, 65 carats, and 45 carats. Like The Lulo Rose, they were all type IIa.
The total carat weight of the diamonds in tender was 767.
Lucapa declined to reveal the name of the company that bought the 170-carat pink diamond or its sale price but did say the seven diamonds were bought by “a variety of different companies;” they did not all go to one buyer.
Related stories will be right here …
The type IIa diamond came out of the Lulo alluvial mine in Angola in July.
At the time of the diamond’s discovery, the companies that operate the mine— Australian miner Lucapa Diamond Company Ltd., private Angolan company Rosas & Petalas and state-owned Endiama E.P.—said it was the largest pink diamond found in 300 years, marking another “historic recovery” at the mine.
Last month, Sodiam E.P., Angola’s state-owned diamond marketing company, sold The Lulo Rose alongside six other big rough diamonds via an international tender held in Angola that totaled $20.4 million and averaged $26,536 per carat.
The other stones, all white diamonds, were: 160 carats, 131 carats, 113 carats, 81 carats, 65 carats, and 45 carats. Like The Lulo Rose, they were all type IIa.
The total carat weight of the diamonds in tender was 767.
Lucapa declined to reveal the name of the company that bought the 170-carat pink diamond or its sale price but did say the seven diamonds were bought by “a variety of different companies;” they did not all go to one buyer.
The Lulo alluvial diamond mine has been in commercial production since 2015.
In that time, the mine has yielded 30 diamonds weighing 100 carats or more.
The largest of these was the 404.2-carat “4th February Stone,” a type IIa, D-color diamond that stands as the biggest diamond ever mined in Angola.
Mine operators recovered the diamond in February 2016 and sold it the following month for $16 million, or $39,580 per carat.
Editors' Picks
Sponsored by
More on Sourcing
The Latest
FinancialsAug 08, 2025
Brilliant Earth’s Q2 Sales Up 3% as Engagement Ring Sales RiseThe company raised its full-year sales guidance while noting it has not yet assessed the potential impact of the latest tariff news.
Events & AwardsAug 08, 2025
GJEPC’s Jewellers for Hope Celebrates 10 Years of FundraisingThe organization has raised more than $1.3 million for charity since its inception.
TrendsAug 08, 2025
Piece of the Week: Rahaminov Diamonds’ Bezel BangleThe brand’s latest iteration of a bezel-set diamond bangle features clean lines and a timeless design for a new modern silhouette.
Brought to you by
Taking the Moment Head On: How Rio Grande Champions the Present & Future of Fine JewelryAs a leading global jewelry supplier, Rio Grande is rapidly expanding and developing new solutions to meet the needs of jewelers worldwide.
WatchesAug 07, 2025
Bulova’s New Collection Honors Tony BennettThe first watch in the series commemorates his participation in the Civil Rights movement, marching from Selma to Montgomery in 1965.
Weekly QuizAug 08, 2025
This Week’s QuizTest your jewelry news knowledge by answering these questions.
Lab-GrownAug 07, 2025
Chatham Releases Catalog for Loose Lab-Grown GemstonesThe catalog contains a complete listing of all the loose gemstones in stock, as well as information about the properties of each stone.
TechnologyAug 07, 2025
Rembrandt Charms Debuts New Website, Bird CharmsThe company added a retailer dashboard to its site and three new birds to its charm collection, the cardinal, blue jay, and hummingbird.
Brought to you by
Investing in the Next Generation of Bench JewelersThe Seymour & Evelyn Holtzman Bench Scholarship from Jewelers of America returns for a second year.
Policies & IssuesAug 06, 2025
Tariff on India to Rise to 50%, Trump Says An additional 25 percent tariff has been added to the previously announced 25 percent.
MajorsAug 06, 2025
Claire’s Files for Chapter 11 Bankruptcy AgainThe jewelry and accessories retailer plans to close 18 stores as part of the proceedings.
IndependentsAug 06, 2025
Smith & Son Jewelers to Close 107-Year-Old Location Its Springfield, Massachusetts, store is set to close as owner Andrew Smith heads into retirement.
CollectionsAug 06, 2025
Zahn-Z Swims With Whales in ‘Beluga’ CollectionDesigner Hiba Husayni looked to the whale’s melon shaped-head, blowhole, and fluke for her new chunky gold offerings.
TrendsAug 06, 2025
Paola De Luca to Release Trendbook 2027+She will present the 23rd edition of the trend forecasting book at Vicenzaoro on Sept. 7.
CrimeAug 05, 2025
Report: Suspect Arrested in 1992 Murder of Miami JewelerOmar Roy, 72, was arrested in connection with the murder of jeweler Dionisio Carlos Valladares.
CollectionsAug 05, 2025
Mignon Faget Commemorates 20th Anniversary of Hurricane KatrinaThe New Orleans-based brand’s “Beyond Katrina” jewels honor the communities affected by the storm.
ColumnistsAug 05, 2025
The PR Adviser: Affiliate Marketing Is the Cost of CoverageLilian Raji explains why joining an affiliate network is essential for brands seeking placements in U.S. consumer publications.
Events & AwardsAug 05, 2025
JA Announces Seymour & Evelyn Holtzman Bench Scholarship WinnersThe organization has awarded a total of $42,000 through its scholarship programs this year.
Events & AwardsAug 04, 2025
Gem Awards, David Yurman Introduce $50K Grant for Emerging DesignersThe winner of the inaugural David Yurman Gem Awards Grant will be announced live at the 2026 Gem Awards gala.
TrendsAug 04, 2025
Amanda’s Style File: August’s Bright BaublesAs summer winds down, celebrate the sunny disposition of the month’s birthstones: peridot and spinel.
CrimeAug 04, 2025
‘The Watch King’ Assaulted, Robbed in QueensMoshe Haimoff, a social media personality and 47th Street retailer, was robbed of $559,000 worth of jewelry by men in construction outfits.
MajorsAug 04, 2025
Borsheims Welcomes New Assistant Facilities ManagerXavier Dibbrell brings more than a decade of experience to the role.
MajorsAug 01, 2025
Helzberg President Julie Yoakum Moves Over to Signet JewelersThe addition of Yoakum, who will lead Kay and Peoples, was one of three executive appointments Signet announced Thursday.
MajorsAug 01, 2025
Jewelers Mutual Names Mike Alexander as President The insurance company’s previous president and CEO, Scott Murphy, has split his role and will continue as CEO.
CollectionsAug 01, 2025
Piece of the Week: Hernsdorf’s ‘Tears of Aphrodite’ NecklaceThe necklace uses spinel drops to immortalize the moment Aphrodite’s tears mixed with her lover Adonis’ blood after he was fatally wounded.
Events & AwardsJul 31, 2025
These Are the 2025 CASE Award WinnersJewelers of America’s 35th annual design contest recognized creativity, artistry, style, and excellence.
IndependentsJul 31, 2025
Matthew Tratner Takes Over as CBG President Tratner succeeds Andie Weinman, who will begin stepping back from the buying group’s day-to-day operations.
Policies & IssuesJul 30, 2025
Tariff on India Will Be 25%, Trump Says The president made the announcement via Truth Social Wednesday, adding that India also will face a penalty for its dealings with Russia.
