Indian labourers dream of striking it rich after finding diamond
Summary
Seven poor labourers in Panna, India, found a large and valuable diamond weighing 17.96 carats on land they leased two years ago. The diamond will be auctioned in October, and the workers will share the money after a government royalty is deducted.Key Facts
- The diamond weighs 17.96 carats and is considered gem quality, one of the best types of natural diamonds.
- It was found in Panna, a region in central India known for diamond mining but also poverty and few job opportunities.
- The diamond’s estimated value is at least 5 million rupees (about $52,400).
- The mine was leased two years ago by Akhilesh Pal and six other workers for a small amount.
- The mine was closed for a year before the diamond was discovered on an inspection visit after heavy rains.
- The diamond will be sold at a government auction in October, open to buyers from India and abroad.
- The government will take a 12% royalty from the sale, and the remaining money will be shared equally by the seven labourers.
- Finding such a valuable diamond is rare but could significantly improve the labourers’ lives.
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