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NMDC to extract diamonds worth USD 3.4-mln in Madhya Pradesh

Tuesday, 21 Jan 2025
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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.

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