NATIONAL MINERAL DEVELOPMENT CORPORATION

NMDC: The National Mineral Development Corporation (NMDC), a NAVRATNA public sector enterprise, is India's largest iron ore producer. It also mines diamonds and other minerals like copper and phosphate. Based in Hyderabad, NMDC operates across key mining locations, including the mechanized diamond mine in Panna, Madhya Pradesh.

Last Updated on 24th January, 2025
3 minutes, 46 seconds

Description

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Context:

India's state-run miner NMDC is expected to extract 6,500 carats of diamonds, worth $3.4 million, this fiscal year from ores in a mine near a tiger reserve, after receiving mining clearances last year.

About National Mineral Development Corporation (NMDC)

Attribute

Details

Incorporation

1958

Ownership

Wholly owned public undertaking of the Government of India

Administrative Control

Ministry of Steel, Government of India

Classification

NAVRATNA public sector enterprise (since 2008)

Engaged in Exploration

Iron ore, copper, rock phosphate, limestone, dolomite, gypsum, bentonite, magnesite, diamond, tin, tungsten, graphite, and beach sands

Largest Producer of Iron Ore

NDMC is India's largest producer of iron ore.

Annual Production

Over 45 million tonnes of iron ore.

Mining Locations

Bailadila sector (Chhattisgarh), Donimalai (Bellary-Hospet region, Karnataka)

Production Technology

Fully mechanized mines

Cost of Production

One of the lowest-cost iron ore producers in the world.

Market

Primarily the domestic Indian steel market.

Sales Contracts

Mostly under long-term sales contracts.

Diamond Mining

Operates India's only mechanized diamond mine at Panna, Madhya Pradesh.

Mining Complexes Rating

Rated 5 stars by the Indian Bureau of Mines, Ministry of Mines.

Headquarters

Hyderabad, Telangana

 About Diamond

Category

Details

Hardness

Diamond is the hardest naturally occurring substance on Earth.

Formation

Diamonds form in the Earth's mantle and enter the crust through volcanism. They are often found in volcanic landforms like dykes and sills.

Uses

Ornaments

Polishing metal surfaces

Grinding of gemstones

High-end drills for mineral exploration and extraction

India's Diamond Regions

Vindhayan System: Panna and Golconda diamonds

Key Locations: Panna belt (Madhya Pradesh), Wajrakarur Kimberlite Pipe (Anantapur, Andhra Pradesh), Krishna River basin (Andhra Pradesh), Raichur-Gulbarga (Karnataka)

Reserves in India

Estimated in Panna belt and Krishna Gravels belt (Andhra Pradesh)

New fields discovered in Raichur-Gulbarga districts (Karnataka)

Cutting & Polishing

Modern techniques used in centers like Surat, Navasari, Ahmedabad, Palampur, etc.

Leading Global Producers

Russia
Botswana
Canada
Australia
South Africa

Democratic Republic of Congo (Zaire)

Namibia, Ivory Coast, Sierra Leone, Venezuela, Brazil

Synthetic Diamonds

The United States is the largest producer of synthetic industrial diamonds.

Russia

Believed to possess the largest and richest diamond resources in the world.

Botswana

Leading producer by value and second largest by volume

Major Mines: Orapa and Jwaneng

Produces a variety of diamonds (sizes, colors, clarity)

Democratic Republic of Congo (DRC)

One of the largest producers of diamonds in Africa.

Australia

Leading producer of colored diamonds, including pink, purple, and red diamonds.

South Africa

Has the most diverse range of diamond deposits (surface mining, underground kimberlite pipes, dykes, and fracking).

 Source:

THE HINDU

PRACTICE QUESTION

Q. National Mineral Development Corporation (NMDC) plays a pivotal role in India's mineral sector. Discuss its contributions to the economy, the challenges it faces in sustainable mining and the measures needed to enhance its efficiency and environmental responsibility. (150 words)

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