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Going into a D-Block Tanzanite Mine in Tanzania
http://www.TanzaniteJewelryDesigns.com → Steve, Michael, & Jeff Moriarty go to a D-Block Tanzanite mine of Tanzania with a group of miners. The mine is owned by Sune Merisheki and is called the Netanya Camp, which Sune said he named it after the large diamond cutting center. While it was not legal for us to take or buy any minerals from the tanzanite mining area, this was just a visit for us to see exactly where Tanzanite came from. It was an amazing adventure to go into the earth to see exactly how tanzanite is found.
Video Narrated and Edited by Michael Moriarty.
#tanzanite #gemstones #adventure
published: 24 Oct 2023
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Mining Industry in Tanzania. Top Minerals Outlook Today.
Minerals form a core source of inputs for various industrial processes. African nations are recently keen on exploiting geological and geospatial data in continuous prospecting for mineral deposits for metals, oil and gas, to name but a few. Today's video sees us through Tanzania's mining industry. Mining is a leading industrial sector in Tanzania with the value of mineral exports constantly increasing for the past several years. The sector is comprised of both small- and large-scale operations. Mining in Tanzania incudes metals (gold, iron ore, nickel, copper, cobalt, silver), industrial minerals (diamonds, tanzanite, ruby, garnet, limestone, soda ash, gypsum, salt, phosphate, gravel, sand, dimension stones and graphite), and fuel minerals (coal, uranium). Tanzania is also home to many ...
published: 17 Sep 2022
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GOLD MINING in Tanzania - The Challenges of Independent Miners
Peace and light family! This one is a bit of a throwback. Last year around February 2020, Freddy and I got an amazing opportunity to go to an actual gold mine. We wanted to share this experience with y'all. I hope you enjoy!
Help support Peter and Abdul through this go fund me link: gf.me/u/zign2z
Support this channel:
CashApp: $TravelingSista
PayPal: @1travelingsista@gmail.com
Google Pay: traveling.sista247@gmail.com
published: 10 Feb 2021
-
Villagers Invade Barrick Gold’s North Mara Mine in Tanzania
This video shows an invasion by villagers at the North Mara Gold Mine, originally posted in 2014. The mine is operated by Barrick Gold subsidiary Acacia Mining. Another such invasion involving hundreds of villagers took place over multiple days between July 17-21, 2017, while MiningWatch staff were at the site.
published: 05 Jul 2017
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Traveling into the Tanzanite Mines of Tanzania, Africa
https://www.TanzaniteJewelryDesigns.com
Steve Moriarty travels to Tanzania to go direct to the source of Tanzanite. During this trip he brought along local photographer, Matt Bigelow, to document their trip. This video shows their journey to a Tanzanite mine that they went to and explored. They traveled through Tanzania to Merelani, where Steve's friend owns and operates a Tanzanite mine. Here they met, talked to, and had lunch with the local miners before going into the actual mine itself. Steve's main goal of this trip was to bring back tanzanite, but he also met with the miners and gem dealers in the area to purchase some other natural gemstones that were mined close by. These gems included, Merelani mint garnet, umbalite garnet, zircon, and moonstone. To see images from our blog on th...
published: 24 Feb 2015
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Tanzania Gems 2017, Africa
A gem/mineral book was introduced and donated to local miners in Tanzania, Africa, this program documents the travel and experience giving the native gem miners the educational opportunity to advance their knowledge in the gem trade and mining.
published: 14 Feb 2018
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Small-scale Tanzanian miner becomes millionaire overnight | World News | WION
A small-scale subsistence miner in Tanzania has become a millionaire overnight after selling two rough Tanzanite stones, the biggest ever find in the country.
#Tanzania #TanzaniteStone #WION
About Channel:
WION -The World is One News, examines global issues with in-depth analysis. We provide much more than the news of the day. Our aim to empower people to explore their world. With our Global headquarters in New Delhi, we bring you news on the hour, by the hour. We deliver information that is not biased. We are journalists who are neutral to the core and non-partisan when it comes to the politics of the world. People are tired of biased reportage and we stand for a globalised united world. So for us the World is truly One.
Please keep discussions on this channel clean and respect...
published: 27 Jun 2020
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blasting at north mara gold mine
published: 16 Oct 2017
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Children's Lives at Risk in Tanzania's Gold Mines
(Dar Es Salaam, August 28, 2013) -- Children as young as eight-years-old are working in Tanzanian small-scale gold mines, with grave risks to their health and even their lives. The Tanzanian government should curb child labor in small-scale mining, including at informal, unlicensed mines, and the World Bank and donor countries should support these efforts.
http://www.hrw.org/news/2013/08/28/tanzania-hazardous-life-child-gold-miners
published: 28 Aug 2013
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Tanzania miner a millionaire after finding gems
(25 Jun 2020) A small-scale miner in Tanzania has become an overnight millionaire after unearthing two of the biggest rough tanzanite gemstones ever found.
Tanzania's government bought the book-sized stones weighing 20 pounds (9 kilograms) and 11 pounds (5 kilograms) from miner Saniniu Laizer for 3.4 million US dollars.
"I am feeling so happy because this thing has brought a lot of respect for me and for Tanzania," Laizer said.
Tanzanite is found only in the East African country.
Mining activities accounted for 17% of the country's GDP in 2019.
The government has imposed reforms that seek to curb smuggling and increase revenue collection in the sector.
Find out more about AP Archive: http://www.aparchive.com/HowWeWork
Twitter: https://twitter.com/AP_Archive
Facebook: https://ww...
published: 30 Jun 2020
12:01
Going into a D-Block Tanzanite Mine in Tanzania
http://www.TanzaniteJewelryDesigns.com → Steve, Michael, & Jeff Moriarty go to a D-Block Tanzanite mine of Tanzania with a group of miners. The mine is owned by...
http://www.TanzaniteJewelryDesigns.com → Steve, Michael, & Jeff Moriarty go to a D-Block Tanzanite mine of Tanzania with a group of miners. The mine is owned by Sune Merisheki and is called the Netanya Camp, which Sune said he named it after the large diamond cutting center. While it was not legal for us to take or buy any minerals from the tanzanite mining area, this was just a visit for us to see exactly where Tanzanite came from. It was an amazing adventure to go into the earth to see exactly how tanzanite is found.
Video Narrated and Edited by Michael Moriarty.
#tanzanite #gemstones #adventure
https://wn.com/Going_Into_A_D_Block_Tanzanite_Mine_In_Tanzania
http://www.TanzaniteJewelryDesigns.com → Steve, Michael, & Jeff Moriarty go to a D-Block Tanzanite mine of Tanzania with a group of miners. The mine is owned by Sune Merisheki and is called the Netanya Camp, which Sune said he named it after the large diamond cutting center. While it was not legal for us to take or buy any minerals from the tanzanite mining area, this was just a visit for us to see exactly where Tanzanite came from. It was an amazing adventure to go into the earth to see exactly how tanzanite is found.
Video Narrated and Edited by Michael Moriarty.
#tanzanite #gemstones #adventure
- published: 24 Oct 2023
- views: 6837
7:06
Mining Industry in Tanzania. Top Minerals Outlook Today.
Minerals form a core source of inputs for various industrial processes. African nations are recently keen on exploiting geological and geospatial data in contin...
Minerals form a core source of inputs for various industrial processes. African nations are recently keen on exploiting geological and geospatial data in continuous prospecting for mineral deposits for metals, oil and gas, to name but a few. Today's video sees us through Tanzania's mining industry. Mining is a leading industrial sector in Tanzania with the value of mineral exports constantly increasing for the past several years. The sector is comprised of both small- and large-scale operations. Mining in Tanzania incudes metals (gold, iron ore, nickel, copper, cobalt, silver), industrial minerals (diamonds, tanzanite, ruby, garnet, limestone, soda ash, gypsum, salt, phosphate, gravel, sand, dimension stones and graphite), and fuel minerals (coal, uranium). Tanzania is also home to many rare earth and critical minerals that are currently in the exploration stage.
Tanzania earned around 2.3 billion U.S. dollars with minerals exports in 2019, a significant increase over 2018 level of 1.6 billion U.S. dollars. Gold had the highest contribution to the value of mineral exports. Tanzania is the 4th largest gold producer in Africa after South Africa, Ghana and Mali and is the world’s sole producer of the precious stone Tanzanite. Gold production currently stands at roughly 40 tonnes a year, copper at 2980 tonnes, silver at 10 tonnes and diamond at 112,670 carats.
Mining and quarrying activities had a very large contribution to Tanzania’s Gross Domestic Product (GDP) growth in the first quarter of 2021. The sector recorded 10.2 percent of the GDP equivalent to 1,473,804 million TZS.
The Tanzania mining industry remains attractive to investors, given the next few years of significant diversification to the mining of nickel, uranium and coal. There is also availability of investment incentives and supply chain opportunities in the mining sector.
There have been a number of changes in the Mining industry in the country. According to Petroleum Act 2015 and the Mining Act 2010, license holders and contractors in the extractive sector are liable to pay taxes including corporate tax (30%), capital gain tax (30%), withholding tax (10%) and other taxes. Profits resulting from transfer or disposal of rights are also subject to taxes, which are collected by the Tanzania Revenue Authority. In June 2017, the Tanzanian government passed laws with significant implications for extractive sector governance in the country (including the Natural Wealth and Resources Contracts Bill, the Natural Wealth and Resources Bill and the Written Laws Act). One of the most significant implications of the bills is that they empower the national assembly to allow the government to re-negotiate any agreement considered inequitable and containing “unconscionable terms”. Other provisions entitle the government to stakes of at least 16 % in mining companies operating in the country, with the option to acquire up to 50%.
The Tanzania Extractive Industries Transparency and Accountability Act 2015 has provisions for all new concessions, contracts and licenses to be made available to the public .
One result of these amendments led to the establishment of Joint Venture Company known as Twiga Minerals Corporation Limited between the Government (16 percent shares) and Barrick Gold Corporation Company (84 percent shares); and payment of compensation of $100 million from Barrick Gold Corporation Company as initial settlement of the agreed $300 million.
The GOT would like to see more value-added activities in the country to include smelting and processing of minerals. As of 2020 two model gold smelters were built in Lwamgasa and Katente, a one stop mineral processing and export center, strengthening of mineral control and reduction of smuggling due to construction of a 24.5km wall around the Mirerani tanzanite mine. Also, 28 markets and 25 mineral centers have been established.
The mining sector depends on imported machinery and supplies, and investors can import capital goods at zero duty. There are significant opportunities for the export of U.S. technology, machinery, and services. Mining companies have significant demand for better power alternatives as they currently rely on diesel generators. The Tanzanian Government encourages mining companies to procure local goods and services whenever possible, and many of the foreign mining executives would like to increase local consumption to support the Tanzanian economy. There is significant opportunity to supply foodstuffs, clean water, training, consultancy and other services. With an unreliable power grid and rail system, alternative energy and transport solutions are also in high demand.
OPPORTUNITIES in this sector include the following:
Establishment of gold refinery activities,
Supply equipment and explosives, grinding media, mill liners, etc., under joint venture with Tanzania entrepreneurs,
Establishment of value-added activities and
Gemstone cutting and polishing (lapidary).
https://wn.com/Mining_Industry_In_Tanzania._Top_Minerals_Outlook_Today.
Minerals form a core source of inputs for various industrial processes. African nations are recently keen on exploiting geological and geospatial data in continuous prospecting for mineral deposits for metals, oil and gas, to name but a few. Today's video sees us through Tanzania's mining industry. Mining is a leading industrial sector in Tanzania with the value of mineral exports constantly increasing for the past several years. The sector is comprised of both small- and large-scale operations. Mining in Tanzania incudes metals (gold, iron ore, nickel, copper, cobalt, silver), industrial minerals (diamonds, tanzanite, ruby, garnet, limestone, soda ash, gypsum, salt, phosphate, gravel, sand, dimension stones and graphite), and fuel minerals (coal, uranium). Tanzania is also home to many rare earth and critical minerals that are currently in the exploration stage.
Tanzania earned around 2.3 billion U.S. dollars with minerals exports in 2019, a significant increase over 2018 level of 1.6 billion U.S. dollars. Gold had the highest contribution to the value of mineral exports. Tanzania is the 4th largest gold producer in Africa after South Africa, Ghana and Mali and is the world’s sole producer of the precious stone Tanzanite. Gold production currently stands at roughly 40 tonnes a year, copper at 2980 tonnes, silver at 10 tonnes and diamond at 112,670 carats.
Mining and quarrying activities had a very large contribution to Tanzania’s Gross Domestic Product (GDP) growth in the first quarter of 2021. The sector recorded 10.2 percent of the GDP equivalent to 1,473,804 million TZS.
The Tanzania mining industry remains attractive to investors, given the next few years of significant diversification to the mining of nickel, uranium and coal. There is also availability of investment incentives and supply chain opportunities in the mining sector.
There have been a number of changes in the Mining industry in the country. According to Petroleum Act 2015 and the Mining Act 2010, license holders and contractors in the extractive sector are liable to pay taxes including corporate tax (30%), capital gain tax (30%), withholding tax (10%) and other taxes. Profits resulting from transfer or disposal of rights are also subject to taxes, which are collected by the Tanzania Revenue Authority. In June 2017, the Tanzanian government passed laws with significant implications for extractive sector governance in the country (including the Natural Wealth and Resources Contracts Bill, the Natural Wealth and Resources Bill and the Written Laws Act). One of the most significant implications of the bills is that they empower the national assembly to allow the government to re-negotiate any agreement considered inequitable and containing “unconscionable terms”. Other provisions entitle the government to stakes of at least 16 % in mining companies operating in the country, with the option to acquire up to 50%.
The Tanzania Extractive Industries Transparency and Accountability Act 2015 has provisions for all new concessions, contracts and licenses to be made available to the public .
One result of these amendments led to the establishment of Joint Venture Company known as Twiga Minerals Corporation Limited between the Government (16 percent shares) and Barrick Gold Corporation Company (84 percent shares); and payment of compensation of $100 million from Barrick Gold Corporation Company as initial settlement of the agreed $300 million.
The GOT would like to see more value-added activities in the country to include smelting and processing of minerals. As of 2020 two model gold smelters were built in Lwamgasa and Katente, a one stop mineral processing and export center, strengthening of mineral control and reduction of smuggling due to construction of a 24.5km wall around the Mirerani tanzanite mine. Also, 28 markets and 25 mineral centers have been established.
The mining sector depends on imported machinery and supplies, and investors can import capital goods at zero duty. There are significant opportunities for the export of U.S. technology, machinery, and services. Mining companies have significant demand for better power alternatives as they currently rely on diesel generators. The Tanzanian Government encourages mining companies to procure local goods and services whenever possible, and many of the foreign mining executives would like to increase local consumption to support the Tanzanian economy. There is significant opportunity to supply foodstuffs, clean water, training, consultancy and other services. With an unreliable power grid and rail system, alternative energy and transport solutions are also in high demand.
OPPORTUNITIES in this sector include the following:
Establishment of gold refinery activities,
Supply equipment and explosives, grinding media, mill liners, etc., under joint venture with Tanzania entrepreneurs,
Establishment of value-added activities and
Gemstone cutting and polishing (lapidary).
- published: 17 Sep 2022
- views: 5177
9:49
GOLD MINING in Tanzania - The Challenges of Independent Miners
Peace and light family! This one is a bit of a throwback. Last year around February 2020, Freddy and I got an amazing opportunity to go to an actual gold mine. ...
Peace and light family! This one is a bit of a throwback. Last year around February 2020, Freddy and I got an amazing opportunity to go to an actual gold mine. We wanted to share this experience with y'all. I hope you enjoy!
Help support Peter and Abdul through this go fund me link: gf.me/u/zign2z
Support this channel:
CashApp: $TravelingSista
PayPal: @1travelingsista@gmail.com
Google Pay: traveling.sista247@gmail.com
https://wn.com/Gold_Mining_In_Tanzania_The_Challenges_Of_Independent_Miners
Peace and light family! This one is a bit of a throwback. Last year around February 2020, Freddy and I got an amazing opportunity to go to an actual gold mine. We wanted to share this experience with y'all. I hope you enjoy!
Help support Peter and Abdul through this go fund me link: gf.me/u/zign2z
Support this channel:
CashApp: $TravelingSista
PayPal: @1travelingsista@gmail.com
Google Pay: traveling.sista247@gmail.com
- published: 10 Feb 2021
- views: 14220
2:00
Villagers Invade Barrick Gold’s North Mara Mine in Tanzania
This video shows an invasion by villagers at the North Mara Gold Mine, originally posted in 2014. The mine is operated by Barrick Gold subsidiary Acacia Mining....
This video shows an invasion by villagers at the North Mara Gold Mine, originally posted in 2014. The mine is operated by Barrick Gold subsidiary Acacia Mining. Another such invasion involving hundreds of villagers took place over multiple days between July 17-21, 2017, while MiningWatch staff were at the site.
https://wn.com/Villagers_Invade_Barrick_Gold’S_North_Mara_Mine_In_Tanzania
This video shows an invasion by villagers at the North Mara Gold Mine, originally posted in 2014. The mine is operated by Barrick Gold subsidiary Acacia Mining. Another such invasion involving hundreds of villagers took place over multiple days between July 17-21, 2017, while MiningWatch staff were at the site.
- published: 05 Jul 2017
- views: 17989
8:43
Traveling into the Tanzanite Mines of Tanzania, Africa
https://www.TanzaniteJewelryDesigns.com
Steve Moriarty travels to Tanzania to go direct to the source of Tanzanite. During this trip he brought along local pho...
https://www.TanzaniteJewelryDesigns.com
Steve Moriarty travels to Tanzania to go direct to the source of Tanzanite. During this trip he brought along local photographer, Matt Bigelow, to document their trip. This video shows their journey to a Tanzanite mine that they went to and explored. They traveled through Tanzania to Merelani, where Steve's friend owns and operates a Tanzanite mine. Here they met, talked to, and had lunch with the local miners before going into the actual mine itself. Steve's main goal of this trip was to bring back tanzanite, but he also met with the miners and gem dealers in the area to purchase some other natural gemstones that were mined close by. These gems included, Merelani mint garnet, umbalite garnet, zircon, and moonstone. To see images from our blog on this trip visit: https://goo.gl/89qsFs
Also available to see in person at Moriarty's Gem Art Store at 126 South Main Street, Crown Point, Indiana. We're located in the hub of Northwest Indiana on the downtown Square.
#Tanzanite #Tanzania #Travel
https://wn.com/Traveling_Into_The_Tanzanite_Mines_Of_Tanzania,_Africa
https://www.TanzaniteJewelryDesigns.com
Steve Moriarty travels to Tanzania to go direct to the source of Tanzanite. During this trip he brought along local photographer, Matt Bigelow, to document their trip. This video shows their journey to a Tanzanite mine that they went to and explored. They traveled through Tanzania to Merelani, where Steve's friend owns and operates a Tanzanite mine. Here they met, talked to, and had lunch with the local miners before going into the actual mine itself. Steve's main goal of this trip was to bring back tanzanite, but he also met with the miners and gem dealers in the area to purchase some other natural gemstones that were mined close by. These gems included, Merelani mint garnet, umbalite garnet, zircon, and moonstone. To see images from our blog on this trip visit: https://goo.gl/89qsFs
Also available to see in person at Moriarty's Gem Art Store at 126 South Main Street, Crown Point, Indiana. We're located in the hub of Northwest Indiana on the downtown Square.
#Tanzanite #Tanzania #Travel
- published: 24 Feb 2015
- views: 82461
10:01
Tanzania Gems 2017, Africa
A gem/mineral book was introduced and donated to local miners in Tanzania, Africa, this program documents the travel and experience giving the native gem miners...
A gem/mineral book was introduced and donated to local miners in Tanzania, Africa, this program documents the travel and experience giving the native gem miners the educational opportunity to advance their knowledge in the gem trade and mining.
https://wn.com/Tanzania_Gems_2017,_Africa
A gem/mineral book was introduced and donated to local miners in Tanzania, Africa, this program documents the travel and experience giving the native gem miners the educational opportunity to advance their knowledge in the gem trade and mining.
- published: 14 Feb 2018
- views: 332600
1:49
Small-scale Tanzanian miner becomes millionaire overnight | World News | WION
A small-scale subsistence miner in Tanzania has become a millionaire overnight after selling two rough Tanzanite stones, the biggest ever find in the country.
...
A small-scale subsistence miner in Tanzania has become a millionaire overnight after selling two rough Tanzanite stones, the biggest ever find in the country.
#Tanzania #TanzaniteStone #WION
About Channel:
WION -The World is One News, examines global issues with in-depth analysis. We provide much more than the news of the day. Our aim to empower people to explore their world. With our Global headquarters in New Delhi, we bring you news on the hour, by the hour. We deliver information that is not biased. We are journalists who are neutral to the core and non-partisan when it comes to the politics of the world. People are tired of biased reportage and we stand for a globalised united world. So for us the World is truly One.
Please keep discussions on this channel clean and respectful and refrain from using racist or sexist slurs as well as personal insults.
Subscribe to our channel at https://goo.gl/JfY3NI
Check out our website: http://www.wionews.com
Connect with us on our social media handles:
Facebook: https://www.facebook.com/WIONews
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Follow us on Google News for latest updates
Zee News:- https://bit.ly/2Ac5G60
Zee Business:- https://bit.ly/36vI2xa
DNA India:- https://bit.ly/2ZDuLRY
WION: https://bit.ly/3gnDb5J
Zee News App: https://bit.ly/ZeeNewsApps
https://wn.com/Small_Scale_Tanzanian_Miner_Becomes_Millionaire_Overnight_|_World_News_|_Wion
A small-scale subsistence miner in Tanzania has become a millionaire overnight after selling two rough Tanzanite stones, the biggest ever find in the country.
#Tanzania #TanzaniteStone #WION
About Channel:
WION -The World is One News, examines global issues with in-depth analysis. We provide much more than the news of the day. Our aim to empower people to explore their world. With our Global headquarters in New Delhi, we bring you news on the hour, by the hour. We deliver information that is not biased. We are journalists who are neutral to the core and non-partisan when it comes to the politics of the world. People are tired of biased reportage and we stand for a globalised united world. So for us the World is truly One.
Please keep discussions on this channel clean and respectful and refrain from using racist or sexist slurs as well as personal insults.
Subscribe to our channel at https://goo.gl/JfY3NI
Check out our website: http://www.wionews.com
Connect with us on our social media handles:
Facebook: https://www.facebook.com/WIONews
Twitter: https://twitter.com/WIONews
Follow us on Google News for latest updates
Zee News:- https://bit.ly/2Ac5G60
Zee Business:- https://bit.ly/36vI2xa
DNA India:- https://bit.ly/2ZDuLRY
WION: https://bit.ly/3gnDb5J
Zee News App: https://bit.ly/ZeeNewsApps
- published: 27 Jun 2020
- views: 67508
4:58
Children's Lives at Risk in Tanzania's Gold Mines
(Dar Es Salaam, August 28, 2013) -- Children as young as eight-years-old are working in Tanzanian small-scale gold mines, with grave risks to their health and e...
(Dar Es Salaam, August 28, 2013) -- Children as young as eight-years-old are working in Tanzanian small-scale gold mines, with grave risks to their health and even their lives. The Tanzanian government should curb child labor in small-scale mining, including at informal, unlicensed mines, and the World Bank and donor countries should support these efforts.
http://www.hrw.org/news/2013/08/28/tanzania-hazardous-life-child-gold-miners
https://wn.com/Children's_Lives_At_Risk_In_Tanzania's_Gold_Mines
(Dar Es Salaam, August 28, 2013) -- Children as young as eight-years-old are working in Tanzanian small-scale gold mines, with grave risks to their health and even their lives. The Tanzanian government should curb child labor in small-scale mining, including at informal, unlicensed mines, and the World Bank and donor countries should support these efforts.
http://www.hrw.org/news/2013/08/28/tanzania-hazardous-life-child-gold-miners
- published: 28 Aug 2013
- views: 40281
1:26
Tanzania miner a millionaire after finding gems
(25 Jun 2020) A small-scale miner in Tanzania has become an overnight millionaire after unearthing two of the biggest rough tanzanite gemstones ever found.
Tan...
(25 Jun 2020) A small-scale miner in Tanzania has become an overnight millionaire after unearthing two of the biggest rough tanzanite gemstones ever found.
Tanzania's government bought the book-sized stones weighing 20 pounds (9 kilograms) and 11 pounds (5 kilograms) from miner Saniniu Laizer for 3.4 million US dollars.
"I am feeling so happy because this thing has brought a lot of respect for me and for Tanzania," Laizer said.
Tanzanite is found only in the East African country.
Mining activities accounted for 17% of the country's GDP in 2019.
The government has imposed reforms that seek to curb smuggling and increase revenue collection in the sector.
Find out more about AP Archive: http://www.aparchive.com/HowWeWork
Twitter: https://twitter.com/AP_Archive
Facebook: https://www.facebook.com/APArchives
Instagram: https://www.instagram.com/APNews/
You can license this story through AP Archive: http://www.aparchive.com/metadata/youtube/0d0e633fa4744b62bbc0d7297692d7f6
https://wn.com/Tanzania_Miner_A_Millionaire_After_Finding_Gems
(25 Jun 2020) A small-scale miner in Tanzania has become an overnight millionaire after unearthing two of the biggest rough tanzanite gemstones ever found.
Tanzania's government bought the book-sized stones weighing 20 pounds (9 kilograms) and 11 pounds (5 kilograms) from miner Saniniu Laizer for 3.4 million US dollars.
"I am feeling so happy because this thing has brought a lot of respect for me and for Tanzania," Laizer said.
Tanzanite is found only in the East African country.
Mining activities accounted for 17% of the country's GDP in 2019.
The government has imposed reforms that seek to curb smuggling and increase revenue collection in the sector.
Find out more about AP Archive: http://www.aparchive.com/HowWeWork
Twitter: https://twitter.com/AP_Archive
Facebook: https://www.facebook.com/APArchives
Instagram: https://www.instagram.com/APNews/
You can license this story through AP Archive: http://www.aparchive.com/metadata/youtube/0d0e633fa4744b62bbc0d7297692d7f6
- published: 30 Jun 2020
- views: 7344