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NMDC Finds Second-Largest 27.29-Carat Diamond at Panna Mine
NMDC found a large diamond at its mine in Panna.
The diamond weighs 27.29 carats.
NMDC says it is the second-largest diamond found at the mine by the company.
The discovery was announced on September 15, 2026.
The company estimates that it could be worth about ₹1 crore.
This is only an early estimate, not the final price.
The diamond will be evaluated and auctioned.
NMDC says its Panna operations have produced about 6,000 carats through August in financial year 2027.
NMDC recovered a 27.29-carat gem-quality diamond at its Panna project on September 15, 2026.
The stone is the second-largest diamond NMDC has produced at Panna.
NMDC initially estimated its value at around ₹1 crore based on colour, carat, clarity and shape.
The final value will be determined through evaluation and auction procedures.
Panna’s largest NMDC diamond weighed 34.37 carats and sold for ₹3.2 crore in 2010.
- Who
- NMDC and its Diamond Mining Project team in Panna.
- What
- The recovery of a 27.29-carat gem-quality diamond, NMDC’s second-largest at Panna.
- Where
- NMDC’s Panna diamond mine in Madhya Pradesh, India.
- When
- September 15, 2026; NMDC also reported a 13.16-carat discovery in July 2026.
- Why
- The diamond was recovered during mining operations and announced as a milestone for the Panna project.
Key facts
- Diamond weight
- 27.29 carats
- Initial estimated value
- Around ₹1 crore
- Largest previous NMDC Panna diamond
- 34.37 carats, discovered in 2010
- Previous diamond’s sale price
- ₹3.2 crore
- Recent earlier discovery
- 13.16-carat gem-quality diamond found in July 2026
- Cumulative production
- Around 6,000 carats through August in financial year 2027
- Project description
- India’s only mechanised diamond mining project, according to NMDC
Quotes
NMDC Limited
Indian state-owned mining company operating the Panna Diamond Mining Project
“A sparkling milestone for NMDC’s Diamond Mining Project, Panna. On 15 September 2026, DMP Panna recovered a remarkable 27.29-carat gem-quality diamond - the second-largest diamond ever produced by NMDC at Panna.”
businesstoday.in
Sources
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