Tanzanian Miner Becomes Overnight Dollar Millionaire

A small-scale miner in the East African country of Tanzania, Anselim Kawishe, stumbled upon two giant Tanzanite gemstones worth 2.2 billion Tanzanian shillings, or nearly a million dollars ($978,260), officials announced Saturday.

Adolf Ndunguru, permanent secretary in Tanzania’s Mining Ministry, said the government would buy the tanzanite stones, which weigh 3.74 and 1.48 kilograms (8.24 and 3.26 pounds), respectively.

“We congratulate him on his luck, the government will pay him accordingly,” said Ndunguru.

Mawe Makubwa Mawili ya Tanzanite moja likiwa na uzito wa kilo 3.74 na jingine likiwa na uzito wa kilo 1.48 yamepatikana ndani ya machimbo ya Tanzanite Mirerani kutoka kwa mchimbaji mdogo, Anselm Kawishe.Mawe hayo yanatarajiwa kununuliwa na Serikali kwa shilingi 2,245,571,543.46 pic.twitter.com/wK8xC5ywk8

— Wizara ya Madini (@MadiniTanzania) August 27, 2022

Tanzanite, found in northern Tanzania, is used to make luxury goods.

It is one of the rarest gemstones on Earth, and some geologists believe 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 color or clarity, the higher the price.