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The jade trade in Myanmar consists of the mining, distribution, and manufacture of jadeite—a variety of jade—in the nation of Myanmar (Burma). The jadeite deposits found in Myanmar's northern regions are the source of the highest quality jadeite in the world, noted by sources in China going as far back as the 10th century.
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.
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 ...
The 2023 Hpakant jade mine disaster occurred on August 13, 2023, when the Hpakant Jade Mines experienced the third documented landslide in the area. [1] Hpakant is located in Kachin, Myanmar . The landslide killed 32 people when tailings (mining waste) swept the miners into a nearby lake. [ 2 ]
A landslide at a jade mine in northern Myanmar left more than 30 people missing, and a search and rescue operation was underway on Monday, a rescue official said. The leader of a local rescue team ...
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.
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With government presence largely nonexistent in the region, jade mines in the Kachin region tend to be operated either directly by the KIA or local businesses that conduct business primarily through the KIA. [14] Jade is then exported into China where demand for jade is incredibly high. This provides a significant portion of the KIA's funding.