Diamonds in the news: MNCs set to enter diamond mining in MP.
Excerpt:
Diamond mining in Madhya Pradesh is likely to gain momentum with the entry of multinationals.
ACC Rio Tinto of Australia, De Beers of South Africa, BHP Minerals of Canada and the National Mineral Development Corporation are set to start survey and exploration of diamond mines in the Panna, Chhattarpur, Tikamgarh, Sagar, Angor and Majhgawan areas of the state.
ACC Rio Tinto has been issued four reconnaissance permits for 10,000 sq km area in the Panna Damoh and Chhatarpur districts.
"De Beers has been issued order of concurrence, and the reconnaissance permit is likely to be issued soon for survey of kimberlite pipes (a rock that sources diamond) in the Rewa district," RK Sharma, director, Geography and Mines, said.
Posted by GilbertZ at 07:29 PM
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