Miners in Myanmar have unearthed a colossal ruby weighing 11,000 carats (2.2 kilograms), marking it as the second-largest by weight ever discovered in the country. The gemstone was found in mid-April near Mogok, a key gem-mining area renowned for producing some of the world's finest rubies.
Exceptional Quality and Value
Despite being smaller than a 1996 find, this ruby is considered more valuable due to its exceptional color and clarity. Experts believe its deep red hue and lack of inclusions make it a rare treasure in the gem world.
Myanmar's Dominance in Ruby Production
Myanmar is responsible for producing up to 90% of the world's rubies, with the gem trade serving as a significant revenue source for the nation. However, human rights organizations have urged jewelers to avoid purchasing gems from Myanmar, citing the industry's role in funding successive military governments and ethnic armed groups.
Discovery Amidst Conflict
The discovery occurs amidst ongoing civil war and volatility in Myanmar's gem-mining regions. Control over these areas has shifted between the military and armed groups, adding complexity to the gem trade. The ruby's unearthing highlights both the natural riches and the troubled context of Myanmar's mining sector.
