Currently India has only one organised diamond producer - state-run iron ore miner NMDC.
NMDC operates the Majhgawan mine at Panna with an annual production of about 81,000 carats, as per reports. Around 400 carats are being produced from shallow diamond mines in Panna and parts of Satna district, as per reports. The proven potential of Madhya Pradesh of probable diamond reserve stands at about 10,45,000 carats with the Panna mine’s estimated total reserve being at 976.05 thousand carats, as per reports.
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