At around 6:30 am local time on July 2, a large-scale landslide occurred in an emerald mining area in Kachin State, northern Myanmar. As of 19:00 on the 2nd, bodies of 162 victims had been found, and 54 were injured in the accident.

Myanmar Pagan jadeite mine collapse has killed 162 people
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Pagan is a famous jadeite ore production area in Myanmar. There are frequent accidents such as waste mine piles and mine pit dam collapses in the local area.

The head of the Myanmar social assistance organization Pagan area said that due to the serious situation of this landslide, they are mobilizing more manpower to participate in the search and rescue work.
It is also understood that the Ministry of Resources and Environmental Protection of Myanmar issued a notice on June 26, requiring the suspension of mining operations in the Kachin State jade mining area from July 1 to September 30, so the mining area where landslides should be illegal mining. As of now, there are more than 600 mining areas being mined locally, many of which are illegally mined.

There are a total of 300,000 workers from all over Myanmar. They illegally mine jade block in the unit of family. They search for wool materials in the wasteland mounds every day and jade mining blocks.

It is understood that the worst collapse accident in Myanmar's mining area occurred in 2015, when the number of people died at that time;
A collapse accident in April 2019 killed more than 60 people;
A collapse accident on June 9 this year killed one person;
On June 23, another collapse accident in the Pagan mining area killed two people and injured six people.
The scene of the Pagan mine accident attracted great attention from all parties in Myanmar
△CCTV Finance "Economic Information Broadcast" column July 2 video
Will this landslide become the worst mine accident with the largest number of deaths in Myanmar history? How does the mainstream public opinion in Myanmar currently report and comment on this incident? What impact will it have on the development of related industries?

reporter said that the accident was said to be a pile of ore more than 300 meters high. Due to excessive rainfall, it slipped into a 45,000 square meter pool next to it, and there were hundreds of workers picking up jade ore in the pool. As of 19:00 on the 2nd last night, bodies of 162 victims had been found, and 54 were injured in the accident.

reporter said that according to the information currently available, this is the largest landslide accident in the jade mining area in Myanmar.

At present, many live videos are widely circulated on many social media, and the tragic scenes on the scene shocked many people.
At the same time, many people also questioned Why has the Ministry of Natural Resources and Environmental Protection of Myanmar asked the Pagan mining area in Kachin State to suspend mining from July 1, but such a large-scale mine accident occurred?
It is understood that the mining area where the accident occurred is illegal mining. In recent years, illegal mining in the Pagan mining area of Kachin State, Myanmar has been repeatedly banned, which is also the main reason for the frequent mining accidents. Will accidents like

affect the jade industry?
According to customs, the Ministry of Natural Resources and Environmental Protection of Myanmar will order the suspension of mining in the Pagan mining area of Kachin State every rainy season, so this time it is also a routine regulation. In recent years, many companies have adopted mechanized mining, so the suspension of mining for several months will not affect the supply of jade. Will this accident affect the subsequent approval of the Ministry of Natural Resources and Environmental Protection for mining rights?
According to current understanding, the current accident is illegal mining, so normal approval will not be greatly affected, but the government may increase its crackdown on illegal mining in the future.
News link: More than 90% of jadeite in the world come from Myanmar
△CCTV Finance "Economic Information Broadcast" column July 2 video
The mountainous areas in northern Myanmar are rich in jadeite, and more than 90% of jadeite in the global market come from Myanmar, so jadeite is often called "Myanmar Jade". In Myanmar's foreign trade, jade has always been one of the important export products.

"public plate", a word that many people are familiar with, is often only related to Burmese jade. Myanmar has very strict management of jade resources. Only through "public trading" can it be traded out of the country. Others are considered smuggling. Myanmar holds an jade jewelry trade fair every year, commonly known as " jade public ".

According to official data released by the Myanmar government cited by Reuters, the total sales of Myanmar jade reached 671 million euros, or approximately RMB 5.35 billion in the year 2016 to 2017 alone. However, some industry experts believe that the actual sales of Myanmar jade far exceed this official data.

The price of jade continues to rise, and there are many reasons. According to data from the Ministry of Finance of Myanmar, in fiscal year 2018, Myanmar produced more than 30,000 tons of jade, and its output has been declining year by year in recent years. At the same time, jade export volume has also been declining year by year in recent years. On the one hand, it is due to Myanmar's regulation of jadeite production. It has been continuously closing expired mines since 2018 and no new mining licenses are approved; on the other hand, the continuous rise in jade prices has caused Chinese jade merchants, as the main buyer, to be unable to bear the excessive premium, and the purchase volume has also decreased.
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