TanzaniteOne boosts Q3 output 21%

Aim-listed coloured gemstone producer TanzaniteOne increased its production by 21,4% to 567 897 ct in the third quarter of the year, ended September 30, 2009, and has already exceeded its yearly production target. The company told shareholders in...

Profit by year-end if prices hold up, Joburg office closed - TanzaniteOne

Coloured gemstone-mining company TanzaniteOne would return to profitability by year-end if the second quarter's tanzanite prices were maintained for the rest of the year, TanzaniteOne MD Zane Swanepoel forecast on Tuesday, adding that all future...

Mining company uses 
funds for development

Aim-listed coloured gemstone producer TanzaniteOne reports that it has raised about £3,49-million which will be used to provide funds for the acquisition of gem-quality tanzanite stones in the market.

TanzaniteOne increased output by 30% in ’08

Aim-listed coloured gemstone producer TanzaniteOne reported that production for the year ending December 2008 had totalled 2,2-million carats of tanzanite, produced from 42 318 t, at an average recovery of 52 carats a ton. This was a 30% increase...

Tanzania says 75 feared dead in mine flood

At least 75 miners were feared dead in northern Tanzania on Saturday after floods swept through a mine near the town of Arusha, state media reported. The Daily News quoted Manyara Regional Commissioner Henry Shekifu as saying five bodies had been...

Tanzanite colours perception of gem rankings

It has been 40 years since the first discovery of the tanzanite gemstone in Merelani, Tanzania, by a Masaai tribesman in a mountainous region 40-km south of Mount Kilimanjaro, but the precious mineral is, in the last few years, becoming more...

Singing the (praises of the) blues

Ian Harebottle is hoping for a blue year.

Coloured-gemstone miner to focus on ‘rough’ trade

There is an increasingly strong demand for retail jewellery outlets in South Africa for ready-to-wear tanzanite jewellery, reports gemstone mining group African Gem Resources (Afgem) CEO Mike Nunn.

Afgem moves into tanzanite rough trade

South African tanzanite miner African Gem Resources (Afgem) said yesterday it has established a buying operation in Arusha, Tanzania, the town closest to the tanzanite-mining area and the main area for rough tanzanite trade.