
In 1886, when Burma was ruled by British, the ruby mines were leased out in auctions. Soon there had appeared a company named, The Burma Ruby Mines Limited, which constructed big roads, opened the electricity distribution centre, arranged for potable water, installed machines for human’s use.
By the year1893, the company developed the areas in such multipurpose ways that production of gemstones and jewels went up by a few times more. It also started to produce spinels, blue sapphires and tourmalines along with rubies. Later, the market became flooded by supplies from other countries, and by the time the World War II approached, the company had almost lost all its strength.
Jewellery is one of the most bought products online. An estimated $1 billion USD of diamonds are bought annually via the Internet. Over 40 million people use the Internet to trade!