RIL won Diamond Mining Licence

RIL won Diamond Mining Licence
RIL | Reliance Industries in Diamond Mining | Dimond Mining Licence to RIL | RIL in Diamond Mining Biz | RIL won Diamond Mining LIcence | Reliance Industries Ltd | RIL got Licence for Diamond Mining | RIL Diamond Mining in Madhya Pradesh

Reliance Industries Ltd has won a licence for diamond mining in Madhya Pradesh. RIL will invest Rs 1,000 crore in the mines measuring 1,800 sq kms.

RIL official release said, licence the company will prospect over an area of 1,800 square km spread over the Rewa, Sidhi and Satna districts in Madhya Pradesh. RIL plans to invest in about Rs 1,000 crore in the prospecting work and it is the second private sector company to venture into diamond prospecting in Madhya Pradesh, after Rio Tinto, Australian mining major.

Madhya Pradesh Mining Director R K Sharma handed over the prospecting licence for diamond to RIL CGM G K Mohapatra in Bhopal yesterday. Apart from diamond, the
prospecting licence also includes permission to mine for other minerals like gold, copper, lead, zinc and silver.

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