The discovered diamond is yet to be valued but local experts estimate it to be of at least Rs 50 lakh based on its quality
New Delhi: A 10.69-carat diamond worth at least Rs 50 lakh has been found at a mine in Panna district of Madhya Pradesh.
Panna mine's diamond officer R K Pandey said a worker named Anandilal Kushwaha had deposited a 10.69 carat diamond at the local diamond office in Ranipur area.
The same worker had also recently deposited a 70-cent diamond and said that this was Kushwaha's first big find after coronavirus lockdown in the district was relaxed.
According to reports, the 10.69-carat diamond will be auctioned off and the proceedings would be given to the depositor after paying off government royalty and taxes.
The discovered diamond is yet to be valued but local experts estimate the diamond to be of at least Rs 50 lakh in value based on its quality.
Kushwaha, while speaking to the local media, said that he and other workers have been working hard in the mines for the last six months and were very thrilled when they discovered the diamond.