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Recently Myanmar's jade industry has expanded substantially in response to increasing demand for the stone in Chinese markets with jade export revenues rising from $150–300 million USD in the early 2000s to US$1.75 billion during the 2010-2011 fiscal year, which accounts for a fifth of Myanmar's total export revenue. [1]
Workers at a jade mine in Kachin in 2018. Myanmar supplies 90% of all jade on the planet, [2] in a trade worth US$790 million per Myanmar's official statistics, [3] though independent estimates put it at US$30–31 billion worth per year.
Looking down a rubble slope at a jade mine in Kachin State. Myanmar is the largest supplier of jade, [1] providing between 70% [2] and 90% [3] of the world's supply. While Myanmar's official statistics for 2016–2017 put the jade trade value at US$750 million, [4] independent estimates that include illegal mining put it at US$15–31 billion per year.
Myanma Gems Enterprise Native name မြန်မာ့ ကျောက်မျက်ရတနာ ရောင်းဝယ် ရေး လုပ်ငန်း Formerly Burma Gems Corporation Company type Public Industry Gemstones Founded 1976 ; 48 years ago (1976) Headquarters Myanmar Products Gemstones Jade Rubies Owner Myanmar Government Parent Ministry of Natural Resources and ...
Maw sit sit, also known as jade-albite, is a gemstone found exclusively in northern Burma. It was first identified in 1963 by the late Swiss gemologist Edward Gubelin and was named after the village close to where it was first found in the foothills of the Himalayas. [1] Typically maw sit sit is green with distinctive dark-green to black veins.
The pagoda itself is covered over 10,000 long tons (10,000,000 kg) of jade, rising to a height of 75 feet 6 inches (23.01 m), and is reputed to be the world's first jade pagoda. [ 1 ] The pagoda was erected by the jade mining family of Soe Naing and Aye Aye Khaing, who donated both the pagoda and pagoda grounds.
Jadeite jade is the most valuable form, [8] with the highest-quality material commanding prices well in excess of $200 per carat as of 1994. [21] Jadeite jade first came into significant use in China only towards the end of the 18th century, as fei tsui. [22]
Kyawthuite is a rare mineral [2] with a simple formula: Bi 3+ Sb 5+ O 4. [3] It is a natural bismuth antimonate. Kyawthuite is monoclinic, with space group I 2/ c, and is isostructural with clinocervantite, [2] its trivalent- antimony -analogue. [4] Kyawthuite is also an antimony-analogue of clinobisvanite. [5]