Again! More millions on the way for Tanzanian miner who made Ksh362M last month

By , K24 Digital
On Tue, 28 Jul, 2020 14:40 | 2 mins read
Mr Laizer - holding up the precious stones - plans to build a school and a shopping centre in his community. [PHOTO | COURTESY]
Mr Laizer - holding up the precious stones - plans to build a school and a shopping centre in his community. [PHOTO | COURTESY]
Mr Laizer - holding up the precious stones - plans to build a school and a shopping centre in his community. [PHOTO | COURTESY]

Saninu Laizer, the small-scale miner in Tanzania, who in late June this year, earned Ksh362.3 million after selling two rough Tanzanite stones to the country’s Ministry of Mining, is on the verge of making other hundreds of millions of shillings after mining yet another gemstone of similar kind.

The new stone, which weighs 6.33kgs, is yet to be valued by mining experts. At that weight, the gemstone becomes the second-heaviest Tanzanite to have ever been mined in the North of Mirelani.

In late June 2020, Laizer, 52, became an overnight millionaire after selling two rough Tanzanite stones – the biggest ever find in the country.

The father of 30 children sired with four wives earned $3.4m (Ksh362.3 million) from the country’s mining ministry for the gemstones, which had a combined weight of 15kg.

Tanzanite is only found in northern Tanzania and is used to make ornaments.

It is one of the rarest gemstones on Earth, and one local geologist estimated in an interview with the BBC that its supply may be entirely depleted within the next 20 years.

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.

Laizer mined the stones, weighing 9.2kg and 5.8kg, which he sold on June 23 during a trading event in the northern region of Manyara.

President John Magufuli phoned in to congratulate Laizer on the find.

“This is the benefit of small-scale miners and this proves that Tanzania is rich,” the president said.

Magufuli came to power in 2015 promising to safeguard the nation’s interest in the mining sector and increase the government’s revenue from it.

What did the new millionaire say?

After receiving the millions of shillings in payment, Laizer said he plans to invest in his community in Simanjiro district in Manyara.

“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.”

He said the windfall would not change his lifestyle, and that he planned to continue looking after his 2,000 cows. He said he did not need to take any extra precautions despite his new-found riches.

“There is enough security [here]. There won’t be any problem. I can even walk around at night without any problem.”

Some small-scale miners like Laizer acquire government licences to prospect for Tanzanite, but illegal mining is prevalent especially near mines owned by big companies.

In 2017, President Magufuli ordered the military to build a 24km (14-mile) perimeter wall around the Merelani mining site in Manyara, believed to be the world’s only source of Tanzanite.

A year later, the government reported an increase in revenue in the mining sector and attributed the rise to the construction of the wall, the BBC’s Sammy Awami in Dar es Salaam reported.

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