Helga Pombal: Angola's Stardiam finds solution to the threat posed by lab-grown diamonds

Stardiam manager of production Helga Pombal told Rough&Polished's Mathew Nyaungwa on the sidelines of the Angola International Diamond Conference that lab-grown diamonds are creating a parallel market for more accessible stones, combined with lower...

11 november 2024

Ellah Muchemwa: ADPA to launch Africa's first diamond mining standard next year

The African Diamond Producers Association (ADPA), which is based in Luanda, Angola, and represents the interests of mainly African diamond producers and those with the potential to produce diamonds, will next year launch the Sustainable Development...

04 november 2024

Dmitry Fedorov: I want our jewelry to be displayed at a museum in the future

Dmitry Fedorov is the founder of the eponymous jewelry house. His main focus is the creation of Orthodox-inspired premium luxury jewelry of high artistic merit. He told Rough&Polished about his journey in the jewelry industry, about choosing the ‘Orthodox...

28 october 2024

Responsible business practices ‘no longer optional’, says WDC President Feriel Zerouki

The president of the World Diamond Council takes time out of her busy schedule to tell Rough&Polished readers about the critical work of the WDC. Zerouki, the first female present of the body, which includes all the important industry organizations among...

14 october 2024

James Campbell: Botswana Diamonds optimistic as it enters uncharted territory of using AI for mineral exploration

London-listed Botswana Diamonds has expressed optimism about the company’s use of artificial intelligence (AI) to scan the exploration database in Botswana to look for new mineralised deposits. Company managing director James Campbell told Rough...

07 october 2024

Labourers in India find high-value diamonds in Panna mines

06 november 2020
news_06112020_india.png
Image credit: Wikipedia


Two labourers became millionaires after they unearthed two diamonds at mines in Madhya Pradesh's Panna district in India. While one labourer extracted the 7.44 carat stone from a mine in Jaruapur, the other mined a 14.98 carat one in Krishna Kalyanpur area.
The stones, which were deposited at the diamond office on 2 November, will be auctioned off and the labourers would get the proceeds after a deduction of 12.5 per cent royal.
The stone weighing 7.44 carat will fetch around $3mn and the bigger one will fetch double the amount. The exact amount will only be decided once the authorities carefully examine the stones.
Meanwhile, both labourers were thrilled about their discovery. One, who is a small farmer with a two-acre land, this is a first diamond extraction. "I will use the money from the proceeds to educate my children," he said. While the other said:  "I am a part of a group of four persons and we have been working hard to extract diamonds on our private land for the last six months. By the grace of God, I have got this good quality diamond for the first time."
Panna, located in the backward region of Bundelkhand, is famous for its diamond mines.

Aruna Gaitonde, Editor in Chief of the Asian Bureau, Rough&Polished