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A Tanzanian miner became a millionaire overnight.

“A Tanzanian subsistence miner hit the jackpot on Wednesday after the government handed him a cheque for 7.74 billion Tanzanian shillings ($3.35 million) for the two largest tanzanite gemstones ever found” (NDTV, 2020 )

52 years old a Tanzanian miner call Saniniu Laizer became a millionaire overnight by selling two large rough gem stone call TANZANITE which are weighting 9.2kg and 5.8kg. He found them while he mined for stones last week, and he had sold them at a trading event in Manyara.

Tanzanite is used to make ornaments and can be found only in northern Tanzania and the largest Tanzanite rock to be mined weighed 3.3kg before this was found. It is one of the rarest gemstones on Earth. The precious stone’s appeal lies in its variety of hues, including green, red, purple and blue. Its value is determined by rarity – the finer the colour or clarity, the higher the price

This topic reached rapidly among Tanzanian people with the statement given by the Tanzanian president John Magufuli, “This is the benefit of small-scale miners and this proves that Tanzania is rich,” .

According to BBC report “ Saniniu Laizer earned £2.4m ($3.4m) from the country’s mining ministry for the gemstones, which had a combined weight of 15kg (33 lb) ”

Further Mr. Laizer mentioned to BBC, “I want to build a shopping mall and a school. I want to build this school near my home. There are many poor people around here who can’t afford to take their children to school.”

“I am not educated but I like things run in a professional way. So I would like my children to run the business professionally.” told the BBC. (BBC NEWS, 2020)

References
BBC NEWS. (2020, June 24). Tanzanite: Tanzanian miner becomes overnight millionaire. Retrieved from BBC NEWS: https://www.bbc.com/news/world-africa-53148612#:~:text=A%20small%2Dscale%20miner%20in,of%2015kg%20(33%20lb).

NDTV. (2020 , June 25). Meet The Tanzanian Miner Who Became A Millionaire Overnight. Retrieved from NDTV: https://www.ndtv.com/offbeat/tanzania-miner-becomes-overnight-millionaire-2252106