{"id":20304,"date":"2016-05-23T19:25:45","date_gmt":"2016-05-23T19:25:45","guid":{"rendered":"https:\/\/www.bloomberg.com\/distribution\/blog\/2016-05-23\/digging-for-the-next-rare-gem-in-the-valley-of-rubies\/"},"modified":"2016-05-23T19:26:56","modified_gmt":"2016-05-23T19:26:56","slug":"digging-for-the-next-rare-gem-in-the-valley-of-rubies","status":"publish","type":"post","link":"https:\/\/www.bloomberg.com\/distribution\/blog\/2016-05-23\/digging-for-the-next-rare-gem-in-the-valley-of-rubies\/","title":{"rendered":"Digging for the Next Rare Gem in the Valley of Rubies"},"content":{"rendered":"

[vc_row][vc_column][vc_column_text]In a remote region of Myanmar, a country that is estimated to produce 90% of the world’s ruby supply, there is a place where the gem reigns supreme. Mogok, about 280 miles north of the capital Naypyidaw, has unearthed some of the rarest and most luxurious rubies including the legendary 82-carat Nga Mauk ruby discovered centuries ago. Last year, the 25-carat Sunrise Ruby set a world record when it sold at auction for $30 million. Today the region is still economically reliant on mining, gem-cutting and jewelry making\u2014giving it the title “Ruby Land.”<\/p>\n

Photographer: Taylor Weidman\/Bloomberg<\/em>[\/vc_column_text][\/vc_column][\/vc_row][vc_row][vc_column][vc_single_image image=”20308″ alignment=”center” img_link_large=”yes” show_caption=”yes” el_class=”lightbox”][\/vc_column][\/vc_row][vc_row][vc_column][vc_single_image image=”20310″ alignment=”center” img_link_large=”yes” show_caption=”yes” el_class=”lightbox”][\/vc_column][\/vc_row][vc_row][vc_column][vc_single_image image=”20312″ alignment=”center” img_link_large=”yes” show_caption=”yes” el_class=”lightbox”][\/vc_column][\/vc_row][vc_row][vc_column][vc_single_image image=”20314″ alignment=”center” img_link_large=”yes” show_caption=”yes” el_class=”lightbox”][\/vc_column][\/vc_row][vc_row][vc_column][vc_single_image image=”20316″ alignment=”center” img_link_large=”yes” show_caption=”yes” el_class=”lightbox”][\/vc_column][\/vc_row][vc_row][vc_column][vc_single_image image=”20318″ alignment=”center” img_link_large=”yes” show_caption=”yes” el_class=”lightbox”][\/vc_column][\/vc_row][vc_row][vc_column][vc_single_image image=”20320″ alignment=”center” img_link_large=”yes” show_caption=”yes” el_class=”lightbox”][\/vc_column][\/vc_row][vc_row][vc_column][vc_single_image image=”20322″ alignment=”center” img_link_large=”yes” show_caption=”yes” el_class=”lightbox”][\/vc_column][\/vc_row][vc_row][vc_column][vc_single_image image=”20324″ alignment=”center” img_link_large=”yes” show_caption=”yes” el_class=”lightbox”][\/vc_column][\/vc_row][vc_row][vc_column][vc_single_image image=”20326″ alignment=”center” img_link_large=”yes” show_caption=”yes” el_class=”lightbox”][\/vc_column][\/vc_row][vc_row][vc_column][vc_single_image image=”20328″ alignment=”center” img_link_large=”yes” show_caption=”yes” el_class=”lightbox”][\/vc_column][\/vc_row][vc_row][vc_column][vc_single_image image=”20330″ alignment=”center” img_link_large=”yes” show_caption=”yes” el_class=”lightbox”][\/vc_column][\/vc_row]<\/p>\n","protected":false},"excerpt":{"rendered":"

[vc_row][vc_column][vc_column_text]In a remote region of Myanmar, a country that is estimated to produce 90% of the world’s ruby supply, there is a place where the gem reigns supreme. Mogok, about 280 miles north of the capital Naypyidaw, has unearthed some of the rarest and most luxurious rubies including the legendary 82-carat Nga Mauk ruby discovered […]<\/p>\n","protected":false},"author":1580,"featured_media":20306,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":["post-20304","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-photos","product-photos"],"yoast_head":"\nDigging for the Next Rare Gem in the Valley of Rubies | Bloomberg Media Distribution<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.bloomberg.com\/distribution\/blog\/2016-05-23\/digging-for-the-next-rare-gem-in-the-valley-of-rubies\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Digging for the Next Rare Gem in the Valley of Rubies | Bloomberg Media Distribution\" \/>\n<meta property=\"og:description\" content=\"[vc_row][vc_column][vc_column_text]In a remote region of Myanmar, a country that is estimated to produce 90% of the world’s ruby supply, there is a place where the gem reigns supreme. 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