RJ Market Watch
Madhya Pradesh labourer finds diamonds worth Rs 35 lakh in Panna mine
A labourer became a millionaire overnight when he unearthed three diamonds worth Rs 30 lakh to 35 lakh at a diamond mine in Panna district of Madhya Pradesh, a senior official said on Thursday.
While digging a shallow mine, the labourer, identified only as Subal, found three diamonds with net weight of 7.5 carat, Panna district’s diamond officer R K Pandey said.
Experts have valued the precious stones at anywhere between Rs 30 lakh to 35 lakh. The labourer has deposited the stones at the district diamond office and they will be auctioned as per government rules, Pandey said.
After deducting 12 per cent tax, Subal will get the remaining 88 per cent of the sale proceeds, the official said.
A few days ago, another labourer had managed to find a 10.69 carat diamond from one of the mines in Panna in the Bundelkhand region of Madhya Pradesh. Panna, otherwise located in a backward region, is world famous for its diamond mines.
Courtesy: Indian Express
- Daily News2 months ago
Bvlgari adds designs to its pathbreaking mangalsutra collection ahead of wedding season
- Daily News1 month ago
Trent, a TATA subsidiary, launches lab-grown diamond brand ‘Pome,’ shares surge 7.67%
- Daily News2 weeks ago
Malabar Gold & Diamonds launches ‘Heritage Show’ in Mangalore, featuring jewellery inspired by Maharanis
- Daily News3 weeks ago
Savji Dholakia’s visionary water conservation project ‘Bharatmata Sarovar’ reinforces commitment to sustainability