Mining permits for some 1000 jade and gemstone blocks across Myanmar will expire this month, according to the Ministry of Natural Resources and Environmental Conservation (MONREC). Half the mines are located in Hpakant and Lone Khin and operated by Myanmar Imperial Jade Company, while a third are in Maw Lu- Maw Han, by Chaow Brothers […]
Traders hope for a boost from new gem laws
January 14, 2019 by
The new amendments to the law governing the extraction of gemstones in Myanmar are expected to offer relief for the gem industry in Mandalay. Industry insiders interviewed by Myanmar Times said they hope the market in Mandalay will bounce back this year after the Pyidaungsu Hluttaw on December 18 amended the tax rates and restrictions […]
Gold and jewellery trade centres to open in three cities
September 7, 2017 by
Gold and jewellery trade centres will be opened in Yangon, Mandalay and Nay Pyi Taw soon, said Planning and Finance Minister Kyaw Win on August 28. “We have already negotiated with various businessmen to open gold and jewellery trade centres, which will be open all year long. It will facilitate business for whatever they sell […]
Jade Curse Tests Post-Sanctions Myanmar
October 25, 2016 by
Its embrace can bring wealth beyond measure, or instant death. It is a magnet for the most impoverished migrant workers and the most ruthless exploiters. Its haunts are a cauldron of armed conflict beyond the law of the land. In what could be one of its most challenging tests, how will Myanmar’s democratic government deal […]
Gov’t Calls Tender to Restore Mined Areas
September 6, 2016 by
Subscribe to our tender alert mailing list The government has called a tender for companies to help reduce the environmental impacts caused by jade mining in Lone Khin and Hpakant region, according to the Myanma Gems Enterprise. Following the government’s decision to stop giving jade mining licences, the authorities mulled getting help from firms that […]
