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River-borne Gems:
The gemstones found in the river have been washed in by its tributaries,
some of which begin in the neighbouring State of Madhya Pradesh, also known
for gemstones. The alluvial deposits found in the gem districts of Orissa
are the legacy of some rivers which have since dried up.
India in the World of Diamonds:
Diamonds are found at several places in India but India's average production over the recent years has been meagre. Approximately two-third of the present production in the world is of the variety which can be cut and used in the gem industry. Wholesale moonstone Jewellery The bulk of world's diamond production comes from Australia, Russia and African countries. Australia, also enjoys a prominent position volume wise. Canada is the latest to join the major producers. Russia is reputed to have over taken other producers in 2004. But India, only a small producer of natural diamonds, is the foremost producer of polished goods! With resources dwindling due to over-exploitation, India, the sole gem diamond producer of yore, has been overtaken by many subsequent producers like South Africa, Brazil, Australia, Russia, China, etc. But, rising like a colossus, India in its current second innings has reemerged miraculously at the top in polished production, by establishing an industry which is many times larger than all other polishing works of the world taken together. Lately, India has commenced rough diamond trading too. Wholesale turquoise Jewellery
Biggest Exporter of Smalls :
India is now the largest exporter of cut and polished small diamonds in
the world. It accounts for nearly 60 per cent of the world sales carat wise,
80 per cent value wise and 90% piecewise. India runs a very large diamond
cutting and polishing industry which engages more than a million artisans
(This figure fluctuates seasonally and according to market demand too).
Indian artisans are especially known for cutting and polishing very small
diamonds. Nearly thirty to forty per cent value addition accrues from the
exports of diamonds after cutting and polishing them, bringing in substantial
foreign exchange for India.
Scattered Mining:
Mining of precious minerals and metals is a mixed undertaking in India.
While the exploration of the diamond and gold deposits was nationalized
and is currently being done mostly by the public sector, colored gemstones
are mined in the private sector. In yet another arrangement, the public
sector leases out small mining areas to individuals, as being done in the
diamond belt of Panna and Orissa, or entire mines to private firms, as was
done in the case of emerald mines of Rajasthan. Some mining is also done
clandestinely as prevalent in Orissa, and the remote tribal areas of Madhya
Pradesh, which yields colored gemstones and some diamonds too.
The National Mineral Development Corporation (NMDC) looks after nationalized
precious exploitation, including silver. Diamonds, both gem and near-gem
grade, which the NMDC collects, are put up for sale by auction periodically
at different centres. Over two hundred such auctions have been held so far. Wholesale ammonite Jewllery
In its latest mining policy, the Government of India has thrown open the
diamond, gold and platinum mining fields to the private sector.
World's Best Sapphires:
World's finest blue sapphires are found in the Padder area of the North
Indian State of Jammu & Kashmir. But, the mine, situated in remote,
forbidding mountainous area, remains snowbound for almost three quarters
of the year and has encountered many technical and administrative difficulties.
For many years, official mining remained suspended because of lack of security,
as foreign terrorists infested the area. The infiltrators also clandestinely
exploited the mine in a very crude way, which has damaged it extensively.
Now the State Government is endeavouring to resume mining there. Global
tenders were invited recently. A mining concern of Rajasthan has been chosen
for awarding the mining contract. Terms and conditions were under negotiations
when reports last came in.
Emerald Occurences :
The Western Indian State of Rajasthan discovered emeralds in the early
forties. An emerald vein extends for- more than a hundred kilometres through
the State and three locations - Bubani, Kalaguman and Rajgarh have yielded
quality emeralds.- But exploitation did not improve even after a state take-over.
Therefore, mining in the private sector was tried again, but not very successfully.
Further search, prospecting and exploitation are awaited.
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