A massive ruby found in Burma is reported to be the second largest ever discovered in the country. Weighing around 11,000 carats, approximately 4.8 kilograms, the gem was unearthed near Mogok in the Mandalay region, known for its gem mining and ongoing conflicts, according to the Associated Press referencing state media.
The discovery occurred in mid-April, soon after the traditional New Year celebrations. Although only about half the size of the 21,450-carat ruby found in 1996, experts suggest the new ruby might be more valuable due to its superior quality.
Characterized by a purplish-red color with slight yellowish tones, moderate transparency, and a highly reflective surface, the ruby has caught significant attention, FOX News mentioned. Burmese President Min Aung Hlaing and his cabinet have already inspected the stone in the capital, Naypyidaw.
Burma produces up to 90% of the world’s rubies, primarily sourced from the Mogok and Mong Hsu regions. The gem trade, both legal and illegal, is a major income source for the country. Human rights organizations like Global Witness have long urged jewelers to avoid Burmese gems, arguing that the trade supports military regimes in the country.
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