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NMDC  to resume mining at Panna Diamond Mining Project

India’s Panna Diamond Mining Project, 15km from Panna,is to resume mining, after overcoming environmental concerns from a neighboring tiger reserve. Work has been halted several times at the mine. In December 2020 environmental clearances lapsed after concerns were raised by the nearby Panna Tiger Reserve.

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The state-run National Mineral Development Corporation (NMDC), India’s biggest iron ore merchant miner, hopes to produce 6,500 carats, valued at $3.4m, this financial year.

Work has been halted several times at the mine. In December 2020 environmental clearances lapsed after concerns were raised by the nearby Panna Tiger Reserve. India’s Supreme Court has allowed NMDC permission to resume mining, provided it adheres to specific guidelines relating to tigers and the environment.

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Kylie Jenner Debuts At Victoria’s Secret Show In $50 Million Fantasy Bra By Jacob & Co.

Kylie Jenner Walks The Ramp In Bra Crafted By Jacob & Co. From 4,410 Natural Diamonds Surrounding A 75.54-Carat Radiant-Cut Fancy Vivid Yellow Diamond

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This year, the famous Fantasy Bra returned to the runway for the first time since 2018. Made by New York jeweler Jacob & Co., it costs $50 million—making it the most expensive Fantasy Bra ever and about $35 million more expensive than any previous version.

Making her Victoria’s Secret Fashion Show runway debut,Kylie Jenner wore the show-stopping bedazzled bra, a gauzy white mini skirt and expansive white feathered angel wings.

The bra features 4,410 natural diamonds set around a large, bright yellow 75.54-carat diamond. A team of 15 craftspeople spent over 1,000 hours creating the piece, which weighs just under two kilograms (about 4.4 pounds).

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JewelBuzz is Asia’s First Digital Jewellery Media & India’s No.1 B2B Jewellery Magazine, published by AM Media House. Since 2016, we’ve been the trusted source for jewellery news, market trends, trade insights, exhibitions, podcasts, and brand stories, connecting jewellers, retailers, and industry professionals worldwide.

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