- Bunder Project
Bunder Project is a proposed new
diamond mine , Janpad PanchayatBuxwaha , TehsilBuxwaha , District,Chhatarpur (Madhya Pradesh )India .Rio Tinto. (2008-06-23) [http://www.riotinto.com/media/5157_7879.asp Rio Tinto sets its sights on first significant world class diamond mine in India] Company website. Retrieved 2008-09-09.] If the project is approved and proves viable, it could be the "first significant world class diamond mine in India", according to theRio Tinto Group , who have proposed the mine. The group announced on 23 June, 2008 that it had filed for a mining lease to proceed with the project. They are also waiting permission from the pollution control board for a Dense Media Separation Plant which would allow samples taken from the mine to be processed on location. The foundation of the plant was inaugurated byMadhya Pradesh Chief Minister Shivraj Singh Chauhan on 17 January 2007.The company is targeting diamond
mineralization at the site of a considerably higher grade than produced at the Panna mine, which is the only hard rock diamond mine currently operating in India.India Infoline News Service. (2008-06-23) [http://www.indiainfoline.com/news/innernews.asp?storyId=71370&lmn=1 Rio Tinto applies for Indian diamond mining lease] indiainfoline.com. Retrieved 2008-08-09.] .The success of the project is expected to play a role in the Rio Tinto Group's recently announced joint venture with the
National Mineral Development Corporation seekingiron-ore in India and abroad. [Roy, Debarati and Rebecca Keenan. (2008-08-13) [http://www.bloomberg.com/apps/news?pid=20601091&sid=aqkEk4TFtVU8&refer=india Rio Tinto, NMDC plan to jointly buy iron-ore deposits]Bloomberg . Retrieved 2008-09-09.]Rio Tinto Group is working in association with Southwest Pinnacle, Mitchell Drilling, ANY Associates and Computer Care & Ware.
The location has been under development since it was first scouted in 2004, with the execution of a
prospecting license in September of 2006. [Commodity Online. (2008-06-25) [http://www.commodityonline.com/news/topstory/Rio-Tinto-targets-40-70-MT-of-diamond-from-MP-9880-3.html Rio Tinto targets 40-70 MT of diamond from MP] commodityonline.com. Retrieved 2008-09-09.]References
External links
* [http://www.southwestpinnacle.com Southwest Pinnacle official website]
* [http://www.mitchelldrilling.com Mitchell Drilling official website]
* [http://www.ccwindia.com Computer Care & Ware official website]
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