Browsing: tanzanite

Africa moving to increase mineral value addition with DRC looking to process cobalt for lithium batteries. Photo/GibbsFarm


Tanzanite is a precious stone said to be a thousand times rare than the rarest diamond. True to that claim, the tanzanite gemstone is mined in only one location in the world; a small area in Simanjiro District in Tanzania.

Given the scarcity of tanzanite you would expect that the single mining country, Tanzania would be stock rich, or at least earn the lion’s share of what the gem is valued.

This is not the case. In fact, the exact opposite is true. Tanzanite trade globally earns USD 500 million a year, but Tanzania’s export revenues are a paltry USD 20.75 million, or equivalent to 4.15 percent of the global export value!

Also Read: Tanzania: Small scale miners double in a year

The overwhelming question is why and more importantly how can the situation be resolved? how can Tanzania increase its earnings from its monopoly mining of tanzanite?


The number of small-scale miners in mineral-rich Tanzania has more than doubled in a period of less than a year. Mining is the country’s leading revenue earner in terms of foreign export as well as increased government revenue.

The figures were made public by Prime Minister Kassim Majaliwa while addressing parliament. He said in the financial year 2020/2021 4,652 mining exploration licenses were issued to small and medium sized miners.

Notably Tanzania is the only country in the world with deposits of the precious stone tanzanite; Tanzania is also one of Africa’s largest gold producers.…

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A precious stone known for its rarity and brilliance, this blue gem is found solely in one place in the entire world: Tanzania, the country it was named after. Now the Swiss luxury brand Bernhard H Mayer (BHM), which offers high-end handcrafted timepieces and precious jewelry through direct selling company QNET, features Tanzanite in its newest collection.

Described as ‘a geological phenomenon’, Tanzanite is considered a thousand times rarer than diamonds. The name reflects the gem’s limited geographic origin, as all the mines are located in an area of about eight square miles near the base of Mount Kilimanjaro.

As Tanzanite mining is under strict control, legitimate marketers such as QNET have stepped into partner with the Responsible Jewelry Council (RJC) to ensure that all their jewelry products are ethically sourced. The RJC seeks to reduce unlawful mining practices and improve greater efficiency in the mining supply chain traceability.