Mohan Sinha
17 May 2026, 12:36 GMT+10
BANGKOK, Thailand: Miners in Myanmar have found a very large and rare ruby. It is believed to be the second-largest ruby ever found in the country, according to state media on May 15.
The ruby weighs about 11,000 carats (around 2.2 kilograms) and was discovered near Mogok in the Mandalay region, which is famous for gem mining. This area has also seen heavy fighting during the country's ongoing civil war. The stone was found in mid-April, shortly after the New Year festival.
Although it is about half the size of a larger ruby found in 1996, experts say this new one may be more valuable because of its better color and quality. It has a purplish-red color with slight yellow tones, good clarity, and a shiny surface.
Myanmar produces up to 90 percent of the world's rubies, mainly from Mogok and Mong Hsu. The gem trade is a major source of income, both legally and through smuggling. However, human rights groups have asked jewelers not to buy Myanmar gems because the money has supported military governments for many years.
A new civilian-style government was formed this year after elections widely criticized as unfair. The vote kept President Min Aung Hlaing, who led the 2021 military takeover, in power. He and his team recently inspected the ruby in the capital, Naypyitaw.
Gem mining also helps fund ethnic armed groups fighting the government, which has added to long-running conflicts. The mining areas remain unstable. Mogok was taken over in July 2024 by the Ta'ang National Liberation Army (TNLA), but control later returned to the army after a ceasefire agreement helped by China.
Get a daily dose of Orlando Echo news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Orlando Echo.
More InformationNEW YORK CITY, New York: Unionized workers went on strike for the first time in three decades, bringing the Long Island Rail Road,...
BANGKOK, Thailand: Miners in Myanmar have found a very large and rare ruby. It is believed to be the second-largest ruby ever found...
NEW YORK CITY, New York: Kalshi and Polymarket are reporting a sharp increase in suspicious trading as prediction markets attract more...
DUBLIN, Ireland: A detective garda accused of helping an organized crime gang, taking bribes, and possessing over 100 rounds of ammunition...
ABOARD AIR FORCE ONE/DUBAI: U.S. President Donald Trump said he was losing patience with Iran and claimed that China's President Xi...
SAO PAULO, Brazil: Senator Flávio Bolsonaro denied any wrongdoing in his reported request for millions from jailed banker Daniel Vorcaro,...
WASHINGTON, D.C.: A Reuters/Ipsos poll completed on May 11 showed that two out of three Americans believe President Donald Trump has...
(Photo credit: Charles LeClaire-Imagn Images) Cristopher Sanchez struck out a career-high 13 in his second career shutout to guide...
(Photo credit: Russell Lansford-Imagn Images) Jay Fortune's 86th-minute goal cancelled out Griffin Dorsey's first-half opener as...
(Photo credit: Kyle Ross-Imagn Images) Milan Iloski scored his fourth goal midway through the second half but the Philadelphia Union...
(Photo credit: David Richard-Imagn Images) Angel Martinez hit a go-ahead, two-run homer in the seventh inning off Pierce Johnson...
(Photo credit: Mike Watters-Imagn Images) Liam Hicks ripped a two-run single and Javier Sanoja added a three-run double to highlight...
