11,000-Carat Ruby Discovered in Myanmar's Mandalay Region
Miners in Myanmar's Mandalay region have unearthed a massive 11,000-carat ruby, according to state media reports.
A massive 11,000-carat ruby has been discovered by miners in Myanmar's Mandalay region, according to reports from the country's state-run media.
The rough ruby was found in mid-April, shortly after Myanmar's traditional New Year festival, state media reported. The gemstone represents one of the largest ruby discoveries in recent years in the Southeast Asian nation.
Myanmar is one of the world's leading sources of rubies and other precious gemstones. The country's mining industry has been a significant source of revenue, though it has faced international scrutiny and sanctions since the military coup in 2021.
The Mandalay region, located in central Myanmar, is known for its gem deposits and mining operations. Details about the exact location of the discovery and the mining company involved were not immediately available.
No information was provided about the estimated value of the gemstone or plans for its sale or processing. Large rough rubies often require extensive evaluation and cutting before their true quality and market value can be determined.