Account

The Actual News

Just the Facts, from multiple news sources.

Massive 11,000-carat ruby unearthed by miners in Myanmar

Massive 11,000-carat ruby unearthed by miners in Myanmar

Summary

Miners in Myanmar found a huge ruby weighing 11,000 carats near the town of Mogok. It is the second-largest ruby ever found in the country and is considered very valuable due to its color and quality.

Key Facts

  • The ruby weighs about 4.8 pounds (11,000 carats).
  • It was discovered in mid-April near Mogok, a major gem mining area.
  • This ruby is smaller than a 21,450-carat stone found in 1996 but more valuable because of its color and clarity.
  • Myanmar produces around 90% of the world’s rubies.
  • Gem mining in Myanmar is a major source of money for the military and some ethnic armed groups.
  • The region where the ruby was found has seen fighting due to ongoing civil conflict.
  • The ruby is displayed at the president’s office in the capital, Naypyitaw.
  • President Min Aung Hlaing, who leads Myanmar’s military government, recently viewed the ruby.
Read the Full Article

This is a fact-based summary from The Actual News. Click below to read the complete story directly from the original source.