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.
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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.
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 |
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 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:
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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