10.69 carat diamond price Rs 50 lakh present in Madhya Pradesh mine

Panna (MP), July 22

A 10.69 carat diamond, with an estimated worth of Rs 50 lakh, was unearthed in a mine in Madhya Pradesh’s Panna district, an official stated on Tuesday.

Anandilal Kushwaha (35), who has a lease of a mine in Ranipur space, has deposited a 10.69 carat diamond with the native diamond workplace (Hira Karyalaya), Panna’s diamond officer R Okay Pandey stated.

Kushwaha had additionally not too long ago deposited a 70-cent diamond, he stated, including that that is the primary large discover after the coronavirus-induced lockdown was eased within the district.

The treasured stone will likely be auctioned and the proceeds will likely be given to the depositor after deducting authorities royalty and taxes, the official stated.

Although the diamond is but to be valued, native consultants claimed that it might probably fetch as much as Rs 50 lakh primarily based on its high quality.

Kushwaha advised reporters that he and his companions have been working laborious for the final six months within the mine and had been thrilled in regards to the discover.

Panna district within the state’s Bundelkhand area is known for its diamond reserves. PTI

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