Over the Burmese border, last month saw the 40th Annual Myanmar Gems Emporium being held in the Rangoon, another notable gem trading capital. The 8-day emporium ran smoothly and ended on March 23rd 2007. The event fetched a total of just over USD23 million from 618 buyers doing business with 235 gemstone companies from China, France, Hong Kong, India, Indonesia, Israel, Japan, South Korea,Macao, Malaysia, Singapore and Thailand. The numbers were down 24.1% when compared to last year's mid-year emporium held in November 2002, which netted a total of USD30.71 million. The Emporium showcases Burmese production of high quality ruby, spinel, pearl, and other gems, from the three main gem mining areas: the famed Mogok Valley in the Mandalay division, Mong Shu in Shan state and Phakant in Kachin state.
 

Quality golden pearls produced from Myanmar to be displayed at the emporium.
YANGON, 15 March — Gems and jade products, ornaments, jade figurines, private shops, and mosaics to be sold at fixed price on the ground floor, imperial jade, commercial jade, utility jade, and uncut jade stones at the environs of the hall, and gems lots and pearl lots to be sold through competitive bidding system, as per the press release from the organizers. According to the Deputy Minister Myint Thein, the quality jade, gems and pearl lots will be sold through tender and auction systems at the 43rd Myanma Gems Emporium this year. . .

21st Myanmar Gems and Jade Auction will be held from 28th August to September 1st at Myanmar Convention Center. Inspections will start from 28th to 30th August and Bargain and Auction will commence on 31st August to 1st September.

Buyers can register from 26th August and private sector sellers can send their gems, jewelry, raw and finished jade from 1st August 2006.

Home    |    News    |    Shopping Basket