“Its weight was calculated at 210 tons upon discovery; however the top broke off during the excavation … that was about 40 tons worth.”
Tag: gems
Gems industry welcomes lifting of US sanctions
A delegation representing the American gems industry is visiting Burma to explore opportunities in the country following the lifting of US sanctions.
Scandal of gem traders’ missing millions continues
Former government ministers have lashed out at embezzlement accusations, leveled at them by the nation’s gem traders association.
Jade sales fall flat amid fighting in Kachin
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.
Roadshow recap: The mines of Mogok
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.
Burma Business Weekly
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