Growing Concerns Over Myanmar Rubies
The rubies that are mined in the Mogok Valley in Myanmar are some of the most beautiful and prized stones in the word. The rich red color and uncommon clarity of the "pigeon's blood" stones means that they command some of the highest prices in the world. They are also coming under increasing scrutiny. Much as diamonds from certain African countries such as Sierra Leone have been used to fuel wars and have been labeled blood diamonds, there are worries that stones from Myanmar are helping to fund the country's military regime. In light of the protest which occurred last month in which people were killed as soldiers opened fire on monks and civilians calling from democracy, the focus on these gemstones has increased. The concern is not just over the money fueling wars but also the conditions in mines in Myanmar. A recent article in the Scotsman offers a chilling portrait of mining in the area. Allegations include the fact that mine owners may get workers addicted to drugs so that they can control them better.
Bans on Myanmar gems are nothing new. There has been a ban in place for several years, since the Congress banned the importation of products from the country. Tiffany & Co stopped buying rubies from Myanmar in 2003 and Cartier and Bulgari have joined them. Also the Jewelers of America has asked Congress to amend the ruling of the original ban to specifically mention gemstones mined in Myanmar. A Reuters article mentions that the reason for this is because some gem dealers are not taking the issue seriously. A quick scan of eBay revealed many listing for "Burmese rubies." Some of these are likely not from the region, unscrupulous dealers often tag rubies as "Burmese" because the rubies have such a reputation for beauty.
For a counterpoint, check out this post from Gary Roskin who writes for JCK and is a gemstone expert. He is in contact with dealers in the region who say that the gemstone money doesn't go to the government and that instead of hurting the government, a ban could hurt the Burmese people.
Despite the controversy, Myanmar has said that they are going forward with a planned auction of gems and jade next month. Unlike the regimented world of diamonds, the colored gemstone industry is far less centralized and regulated. There is also no Kimberley Process that addresses the human rights concerns for gemstones.
Adele Five-Year Break? Singer Plans to Focus on Relationship, Write 'Happy Record'
Social Security Is Failing Even Faster Than We Thought
Whitney Houston Autopsy: Cause of Death Determined?
Jennifer Hudson Whitney Tribute: Grammy President Reveals Why Singer Was Chosen for Musical Memorial
Chris Brown, Grammys 2012: Embattled Singer Slams Critics
3 Economic Misconceptions That Need to Die
5-Hour Energy: A Success Equal Parts Caffeine, Chemistry and Meditation
Grammy 2012 Winners' List: Adele Sweeps Music's Biggest Night
Trace Adkins Reunites With College Crush, 30 Years Later
People With Easy-To-Pronounce Names More Likely To Succeed, Study Says
Lauren Scruggs Goes On Ski Vacation