Natural and rare, Burmese rubies are one of the most expensive gemstones per carat in the world. Alongside these famous rubies, Myanmar also produces high quality sapphires, spinel, garnet, topaz, amethyst, peridot, moonstone and other precious stones.
What two gemstones is Myanmar famous for producing?
The regime has a major stake in the gemstone trade through its two large holding companies, which help Myanmar produce approximately 90 per cent of the world’s high-end rubies, along with some of its priciest sapphires. Myanmar also produces massive quantities of jade for China.
Does Myanmar have diamonds?
Within Myanmar, significant quantities of diamonds have been recovered from two areas, Momeik in the northern part of the country and Theindaw in the southern part. A few diamonds also have been found in gravels in the Taungoo–Htantabin area (Fig. 1).
Does Myanmar have rubies?
Rubies are one the biggest earners of foreign exchange for the Myanmar government. About 90 percent of the world’s rubies come from the country, whose red stones are prized for their purity and hue. Thailand buys the majority of the country’s gems.
What is Burma stone?
Burma Ruby is the rarest and most valuable member of the corundum family. Colors range from pink red ruby to a vivid pigeon blood red that is regarded as the finest color for ruby. Prized for their beauty, durability, and rarity, it is the quality of the color which most determines the value of rubies.
What is Burmese sapphire?
Burma sapphires are categorized by their deep royal blue color, and larger sizes have become immensely popular as of late. According to the GIA, for several centuries “Burmese blue sapphires…have occurred in alluvial deposits along the Mogok Stone Tract” in Myanmar in certain specific mines.
Where are Burmese rubies found?
Burmese rubies come from Burma, a Southeast Asian country. Although Burma is now known as Myanmar, the industry still refers to these rubies as Burmese. Most Burmese rubies come from the districts surrounding Mogok and Mong Hsu, regions in the north and north-east of Burma respectively.
What is Burma Jade?
The jade trade in Myanmar consists of the mining, distribution, and manufacture of jadeite- a variety of jade- in the nation of Myanmar (Burma). … Most of the Myanmar’s jadeite is exported to other nations, primarily Asian, for use in jewellery, art, and ornaments.
What is Burmese ruby?
Burmese ruby (or Old Burma ruby) is the most sought after variety of ruby gemstone. It is remarkably popular for its deep red pigeon blood color, relatively superior clarity and astrological value. Old Burma rubies are exceptionally rare and exorbitantly expensive.
Why is there a ban on Burma rubies?
The global production of one of the finest, rarest gemstones is extremely limited. In addition, during the last decade, the U.S. banned the import of Burmese rubies in order to put pressure on the country’s military regime.
How can you tell a Burmese ruby?
Burma rubies are a deep blood-red hue with a tinge of blue. The most prevalent rubies on the market are from Thailand and they come in brownish-red shades. Look for too-much clarity. Non-Burma rubies are sometimes heat treated in order to improve their color and the process causes them to look more transparent.
What gems are mined in Burma?
In addition to rubies and sapphires, other important gem minerals mined in Burma include jadeite. Burma is just about the only source of jadeite in the world. This gem mineral deserves its own chapter later. Burma is also rich in strategic minerals.
What does a Burmese ruby look like?
Genuine Burma rubies contain a red color called pigeon blood, which can be described as purple-red or dark pink-red. Pigeon blood Burma rubies are some of the most valuable gemstones in the world. These types of rubies also sometimes come with a dark blue undertone, which can be canceled out with yellow gold.
Are Burmese rubies illegal?
Since 2003, the United States government has banned the importation of gemstones from Burma (Myanmar), especially valuable ruby and jadeite. … It is now legal to import Burmese ruby and jade to the US.
Why are Burmese rubies so expensive?
One of the main reasons that Burmese rubies are so valuable is because of their very specific, extremely saturated colour, caused by a high chromium content in the ground from which they are extracted.