State-run media​ reported that the newly found rough ruby was discovered in mid-April, just after the traditional New Year festival.
A ruby weighing more than four pounds came out of the ground in Myanmar’s Mogok region in mid-April. State officials described it as the most valuable giant gemstone the country has ever produced. The ...
Miners in Myanmar have discovered an 11,000-carat ruby, the second-largest in the country, amid ongoing civil conflict, raising concerns about the gemstone industry's ties to military revenue.
Near Mogok in Myanmar’s Mandalay region, a staggering 11,000-carat ruby weighing 2.2 kilograms (4.8 pounds) was recently unearthed.
A 1996 discovery yielded a larger stone at 21,450 carats, however the newly found ruby is deemed more valuable due to its exceptional color and clarity ...
Mogok - dubbed the "Valley of Rubies" and located in the north of Mandalay - is a remote town famous for precious rubies and sapphires that are mined in the surrounding valleys and hills of the city.
The just completed Sotheby’s Magnificent Jewels sale in New York is the first auction to sell two items for more than $30 million. The first is the “Estrela de Fura,” a 55.22-carat Mozambique ruby ...
A 55.22-carat ruby, the world's largest ever found, is "estimated to achieve in excess of $30 million" at Sotheby's June auction, PEOPLE confirmed One of the largest rubies ever found is expected to ...
Myanmar produces nearly 90% of the world's rubies, mainly from the Mogok and Mong Hsu regions.