Myanmar hosts gems emporium

At a gems emporium currently underway at Convention Center (MCC) in Yangon, Myanmar, altogether 11,500 jade lots(by domestic industry entities ), are being offered for sale on bidding format. Reports add that during fiscal year 2009-10, Myanmar so far produced more than 22,600 tons of jade and 9.5 million carats of gems including ruby, sapphire, spinel and peridot. In the same period, it also produced 229,951 mommis (862.3 kilograms) of pearl.

The current sale lots have been put up by over 300 state-owned and private companies, gold and jewellery shops.