1. Home
  2. >

MP’s Panna Diamond Mine reopens

The Steel Minister Virbhadra Singh has rededicated the Panna Diamond Mine of NMDC in Madhya Pradesh. The mine remained closed for about 4 years on account of environmental reasons. Speaking in Panna after reopening of the mine, the Minister said the project is not only very important for NMDC as well as Madhya Pradesh, but also prestigious for the country as a whole as it is the only mechanized diamond mine in Asia.
The Minister said the production capacity of the mine is one lakh carats per annum. He said, with the reopening the Panna mine, we will be able to meet at least part of the domestic demand of diamonds. The reopening of Panna Diamond mine was one of the main programmes to be accomplished during the first 100 days of the UPA Government.
NMDC is also exploring for diamond reserves in Chattarpur District and coal deposits in Shahdole and Umaria Districts. It is in the process of acquiring mining lease for development of coal blocks, the Minister added. NMDC is also making efforts to locate alternate diamond resources in the vicinity of Panna. The Minister also thanked the Madhya Pradesh government for extending unflinching support for the reopening of the diamond mine.

Most Popular

Awards

Olympia Group announces to build up 1.1mn sq-ft greenfield it park in Guindy
The project will have a total investment of about Rs 750 crore

Conferences

Vital pre-monsoon building works resume in Maharashtra
The state government has permitted pre-monsoon work by BMC and other agencies

Latest Issue

Sept 2020
01 Sep 2020