The record
Written from the 2 reports below. Nothing here is unsourced.
- NMDC Limited has recovered a 27.29-carat gem-quality diamond from its Majhgawan mine at Panna in Madhya Pradesh on September 15, 2026.
- The stone is the second-largest diamond ever recovered in NMDC's history, behind a 34.37-carat diamond found at the same mine in 2010 that sold for Rs 3.2 crore.
- NMDC has initially estimated the new diamond's auction price at around Rs 1 crore, with the final value possibly rising to Rs 2 crore to Rs 2.5 crore after evaluation.
- The Panna project is the only mechanised diamond mining operation in South Asia and has an annual production capacity of 84,000 carats.
- The find strengthens NMDC's mineral portfolio beyond iron ore and supports domestic sourcing of high-value minerals for the Indian economy.
What to watch next
- The final valuation of the 27.29-carat diamond after the prescribed evaluation and auction process.
- Whether the discovery lifts Panna's output beyond the roughly 6,000 carats produced up to August in FY 2027.
- Further large diamond recoveries as NMDC continues extracting from existing ore stockpiles.
What changed2
Every report on this story, newest first. Times are when each outlet published.
The Hindu[1]
NMDC recovers a 27.29-carat diamond from Panna mining projectThe Times of India[2]
NMDC discovers 27.29-carat diamond at Panna mine, its 2nd largest yet
Who said what2
Only words found exactly in the article are shown, attributed and linked to the line they came from.
Amitava Mukherjee
Chairman and Managing Director of NMDC
2 quotes · 2 outlets
“The recovery of a 27.29-carat diamond, the second-largest from our Panna mine, is a moment of pride for NMDC. It is a testament to the dedication of our teams and the potential of India’s mineral resources. We remain committed to responsible mining and developing our diversified mineral portfolio”
In the article
…discovered in 2010 and subsequently sold for Rs 3.2 crore. The company said its Panna operations have produced around 6,000 carats of diamonds up to August, contributing to the company’s diversified mineral portfolio. “ The recovery of a 27.29-carat diamond, the second-largest from our Panna mine, is a moment of pride for NMDC. It is a testament to the dedication of our teams and the potential of India’s mineral resources. We remain committed to responsible mining and developing our diversified mineral portfolio ,” CMD Amitava Mukherjee said. The Panna mining project is one of NMDC’s non-iron ore mining operations and the only mechanised diamond mining project in South Asia. Published - September 17, 2026 09:04 am IST…
“The recovery of a 27.29-carat diamond, the second-largest from our Panna mine, is a moment of pride for NMDC. It is a testament to the dedication of our teams and the potential of India’s mineral resources. We remain committed to responsible mining and developing our diversified mineral portfolio.”
In the article
…its Panna operations produced about 6,000 carats of diamonds up to August in FY 2027, adding to the company’s diversified mineral portfolio beyond iron ore. NMDC chairman and managing director Amitava Mukherjee said: “ The recovery of a 27.29-carat diamond, the second-largest from our Panna mine, is a moment of pride for NMDC. It is a testament to the dedication of our teams and the potential of India’s mineral resources. We remain committed to responsible mining and developing our diversified mineral portfolio. ” NMDC began exploration and preliminary diamond mining operations in Panna district in 1965. It formally acquired the Panna diamond project at Majhgawan between 1966 and 1968 and expanded early-stage excavation.…
Why it matters2
Who is affected first and what likely follows, with a direction and a horizon. Extracted from the reports, never invented.
- NMDC asset discovery· immediate
- Panna local economy regional economic boost· weeks
Coverage2
All filed from India
Named India · Madhya Pradesh · Panna · Amitava Mukherjee · NMDC
The 2 reports are listed beside the record.
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