Myanmar jade traders are running from junta troops and dodging rebel attacks to sell dwindling volumes of the green gemstone, as the billion-dollar industry loses its shine months on from the coup.
The Southeast Asian country has been mired in chaos since the February putsch, with the military trying to crush widespread democracy protests and the economy in crisis.
Fighting around the Hpakant jade mine in northern Kachin state – the largest in the world – has squeezed digging already hampered by the pandemic, cutting supplies of one of the country’s most lucrative exports.
Myanmar is the world’s biggest source of jade, with the industry largely driven by insatiable demand for the translucent gem from neighbouring China.
Most stones pass through the second city of Mandalay, home to the 23-meter high Kyauksein Pagoda, a Buddhist shrine built using thousands of kilograms of the precious stone.
Now the complex is quiet, with just a handful of worshippers praying at its gleaming turquoise and red dome.
“Business is not good at all,” said one jade trader, who spent months trying to sell his stones on Mandalay’s roadsides as the pandemic and unrest closed its main jade market.
“Sometimes, people panic when soldiers come patrolling, and they run … If one person runs, others start running. Then soldiers fire warning shots to control the situation.”
Two days later the market re-opened and authorities began collecting fees again – one of the many levied on the gem that finance both sides of a decades-long civil war between armed ethnic groups and the military.
It is “nearly impossible” to purchase Myanmar jade without providing money to the military and its allies, according to watchdog Global Witness.
With widespread and often violent resistance against the generals – who regularly appear in public sporting rings set with high-quality jade – working with the stone has taken on a new danger.
“If you continue doing your trading business… We strongly warn that your lives are in danger,” read one notice posted by Generation Z Power, a local dissident group, days before the market re-opened.
A bomb exploded near the market a week after the traders returned and while there were no casualties the same group promised to set off more if people continued trading there.
Before the coup, 70 to 90 percent of all jade mined in Hpakant was smuggled to China without ever entering the formal system in Myanmar, according to Global Witness.
“We are stuck in the middle,” said Aung Aung, using a pseudonym.
“The market said they will take the shops if the owners do not open. People’s Defence Forces have asked us not to do business in the market.”