Firewood Collector Stumbles on $25,000 Diamond

By John Jeffay / August 01, 2022 / www.idexonline.com / Article Link

(IDEX Online) - A villager collecting firewood in India stumbled on a 4.39-carat rough diamond valued at $25,000.Genda Bai, 45, was working in forest in Purusottampur, in the central state of Madhya Pradesh, when she made the find.It's an area where informal diggers routinely pay for the right to dig a small patch of land in search of diamonds - but simply finding a diamond lying on the ground, as in this case, is highly unusual.The diamond will now be auctioned by the state government, which takes 11.5 per cent in royalty and taxes. The remainder will go to Mrs Bai, who told reporters it would pay for a house and for her two daughters to be married.Pic shows Genda Bai and (inset) her 4.39-ct diamond.

Recent News

Gold stocks outperform equities surge

May 11, 2026 / www.canadianminingreport.com

Global tech once again leading the markets in 2026

May 11, 2026 / www.canadianminingreport.com

Gold stocks decline as equities reach all-time highs

May 04, 2026 / www.canadianminingreport.com

Gold stocks decline on metal pullback

April 27, 2026 / www.canadianminingreport.com
See all >
Share to Youtube Share to Facebook Facebook Share to Linkedin Share to Twitter Twitter Share to Tiktok