Project News Detail

Project No :203978
Project Title :NMDC to extract diamonds worth USD 3.4-mln in Madhya Pradesh
Company Name : National Mineral Development Corporation Limited
Project Detail :NMDC is set to extract 6,500 carats of diamonds worth USD 3.4 million from its Panna mine near a tiger reserve this financial year.

Despite delays in obtaining environmental clearances, NMDC resumed operations after Supreme Court approval with certain guidelines. The company is currently processing diamonds from ore stockpiles and plans to start new mining rounds within the next two to three months.

NMDC aims to contribute significantly to the diamond mining sector, leveraging its status as the only mechanised diamond mine in India.
Project Location : Multi Location (Multi State) - Multi State - India
Project Industry :Gems and Jewellery
Project Estimation :Refer Document
Status :Announced
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