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Yangon:

 
At least 50 people were killed and many others were reported missing on Thursday after a jade mine collapsed in Myanmar’s Kachin state, authorities said.

Caused by the monsoon rains, the landslide occurred at the jade mining site in Sate Mu village tract of Hpakant township at 8 a.m., Xinhua news agency quoted a statement from the Fire Services Department as saying.

Caused by the monsoon rains, the landslide occurred at the site in Sate Mu village tract of Hpakant township at 8 a.m., according to the Fire Services Department.

Rescue work is continuing for people still missing at the site.

Deadly landslides are frequent in Kachin state, known as the land of jade.

Many local people make living by jade scavenging in the region and most of the landslides are caused by partial collapse of tailings heaps and dams.

A major landslide, which occurred in the region in November 2015, left at least 116 jade scavengers dead.

Myanmar is the world’s biggest source of jade, said a BBC report.

The country’s jade trade is reported to be worth more than $30 billion a year. Hpakant is the site of the world’s biggest jade mine.

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