By Hannah Connorton
The 404.2-carat diamond pulled from Angola’s Lulo Mine last month sold for $39,580 per carat, a record price for a white diamond uncovered at the site.
The largest recorded diamond ever found in Angola sold for $16 million this week, setting a record price for a white diamond uncovered at the country’s Lulo mine.

In other diamond news, Stuller announced it is now carrying lab-grown diamonds and a report showed that rough diamond sales and polished diamond prices continued their recovery in February.

Diamonds also made the scene at Sunday’s Academy Awards show, particularly in bold necklaces.

See the week that was, in photos.

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