“Its weight was calculated at 210 tons upon discovery; however the top broke off during the excavation … that was about 40 tons worth.”
A delegation representing the American gems industry is visiting Burma to explore opportunities in the country following the lifting of US sanctions.
Former government ministers have lashed out at embezzlement accusations, leveled at them by the nation’s gem traders association.
The annual gems emporium in Naypyidaw has ended on a low, with jade sales down 63 percent, a decrease blamed on ongoing armed conflict in Kachin State.
On this week’s episode of DVB’s Doh Pyay Doh Myay Roadshow, the team takes us north of Mandalay to the ruby mining town of Mogok.
Business in Burma this week: Industry slammed for incurring $200 million loss; government plans for six dry ports in Rangoon, Mandalay; national budget will be more transparent, says Finance Ministry