Back to Work at India's Only Diamond Mine

By John Jeffay / February 23, 2023 / www.idexonline.com / Article Link

(IDEX Online) - India's mothballed diamond mine at Majhgawan-Panna is due to resume production this July, with a forecast output of up to 84,000 carats a year.Work was halted at the country's only industrial mine at the end of December 2020 when environmental clearances lapsed following concerns from the nearby Panna Tiger Reserve.But the National Mineral Development Corporation (NMDC), India's biggest iron ore merchant miner, plans to resume work there, according to the news website businessline.Mining at the Majhgawan mine (pictured), near the town of Panna, in Madhya Pradesh, has been stopped several times over the last 50 years because of concerns by the National Wildlife Board.The mines, in the central state of Madhya Pradesh produced 13,681 carats in FY2021.

Recent News

Monetary-driven precious metals outperform major base metals

September 09, 2024 / www.canadianminingreport.com

Gold stocks hit by plunging equities markets

September 09, 2024 / www.canadianminingreport.com

Gold stocks down as metal and equities momentum fades

September 02, 2024 / www.canadianminingreport.com

Another Kazatomprom guidance announcement shakes uranium price

September 02, 2024 / www.canadianminingreport.com

Major monetary drivers still supporting gold

August 26, 2024 / www.canadianminingreport.com
See all >
Share to Youtube Share to Facebook Facebook Share to Linkedin Share to Twitter Twitter Share to Tiktok