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| Auction of world famous Paddar sapphire on April 26, 27 | | | EARLY TIMES REPORT
JAMMU, Apr 20: Jammu and Kashmir Minerals Limited conducting auction
of world famous rough sapphire corundum of Paddar Mines in Kishtwar
District, on April 26 and 27, 2011 at Udhyog Bhawan , Jammu.
This is for the 3rd time since 1988 that the corporation has notified
sale of rough sapphire through open auction. The last auction was held
by the corporation on 8th and 9th February, 2010 yielding revenue of
Rs. 74.69 lakh to the corporation. This time the corporation shall put
on sale around 14,493,870 grams of rough sapphire corundum including
crystals in open auction.
This precious mineral is world famous because of its unique peacock
neck blue colour and is rarely available in the world. The gem
merchants and jewellers with and outside the country can avail the
golden opportunity and buy the unique mineral through this auction.
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