Sales slow but ministers optimistic on Mandalay jade market

Mandalay jade sellers are still resisting moving to a new market due to open in August. Only a small percentage of apartments at the market have been sold, although the regional mining minister says he believes the market will be a success. Over 2000 apartments will be available at the new market facility, but just […]

Mogok residents to receive ruby mining licences

Long-term residents of Myanmar’s ruby mining centre will be offered licences to mine for the precious stones, according to the Mandalay Region minister for forestry and mining, U Than Soe Myint. In order to help increase job opportunities and reduce poverty in the area, households that have been in Mogok for more than 20 years […]