Over 4000 lots of jade sold via open tender
A total of 4454 lots of raw gems and uncut jade are up for bid at the Mani Yadana Jade Hall in Nay Pyi Taw this week. The raw gemstones and jades are being sold via an open tender system from March 19 until March 24. The minimum bid for a lot is K1 million and the highest bid is K88 million. Myanmar Gems Emporium Central Committee vice-chair U Than Zaw Oo said the sales would all be in the local kyat currency.