TanzaniteOne to change its name to Richland Resources

Aim-listed gemstone miner TanzaniteOne said on Thursday that it planned to change the company’s name to Richland Resources. The proposed name change would be decided on at TanzaniteOne’s yearly general meeting on August 1 in Bermuda.

TanzaniteOne may buy Australian sapphire project

Gem-miner TanzaniteOne has secured an option to buy a sapphire project in Australia, as it moves to advance its diversification strategy for premium coloured gemstones, the London-listed company said on Thursday. CEO Bernard Olivier said that in...

TanzaniteOne reports 80% jump in Q2 sales

Gemstones producer and developer TanzaniteOne reported on Monday that its second-quarter sales had surged to $5,4-million, which is an 80% improvement on first-quarter sales of $3-million. The second quarter sales revenue also represented the...

TanzaniteOne sees higher demand, prices at Hong Kong show

Gemstones producer and developer TanzaniteOne saw demand and price increases at the Hong Kong International Jewellery show in March, reporting $1,62-million revenue from the sale. TanzaniteOne newly appointed CEO Bernard Olivier said that the...

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...

Tanzanite mine to implement sorting technology

The world’s leading coloured gemstone mining company African Gem Resources (Afgem), intends commissioning the MikroSort opto-electronic sorting equipment in an application ‘a thousand times rarer than diamonds’.

Now tanzanite faces synthetic threat

It is well-known that there are, broadly speaking, two types of diamonds sold in the world – those born of Mother Nature, and the other manmade synthetic diamonds.

Jewellery giant resumes tanzanite sales

World-renowned US jewellery store and initial marketer of tanzanite, Tiffany & Co, has announced that it will resume sales of the rare precious gemstone.

Commercial tanzanite production to start mid-2002

Gemstone company Afgem yesterday said it planned to start commercial mining of tanzanite in Tanzania by the middle of next year.

Joint venture to mine world’s only known tanzanite reserve

South African–Tanzanian joint ven- ture, Mererani Mining, is poised to shake up the global gemstone business with its newly-acquired mine representing as much as 70% of the world’s known reserves of tanzanite. The mine is scheduled to...