Gemstone

Accidentally millionaire, Saniniu Laizer, has discovered yet another giant violet-blue stone weighing 6.3 kilograms (13.9 pounds). This is within two months of becoming a millionaire overnight in June after his mining company discovered two rough Tanzania gemstones worth $3.4 million and believed to be the largest in the world. Laizer, …

Saniniu Laizer, a small-scale miner in Tanzania, has become an instant millionaire after selling two rough Tanzanite stones, the biggest ever find for the country. Laizer earned £2.4m ($3.4m) from the country’s mining ministry for the gemstones, which had a combined weight of 15kg (2.3 lb). “There will be a …

The Tanzanian government’s efforts to curb cheating in the mining industry, especially smuggling of minerals and gemstones has paid handsomely as the current revenue collections in the sector have shown a great increase as compared to previously. The current revenue collections reveal that they have risen to 470bn/- from an …