Tanzanite or Blue Zoisite is a precious stone endemic to Tanzania. Formed over 585 million years ago at the foothills of Mount Kilimanjaro, the gemstone has only recently been discovered and extracted for commercial purposes due to its high collectible value.
The Tanzanite has quickly grown in popularity for its fire and its rare trichroic nature. The precious stone is known to boast an intense royal blue, a rich violet and a sumptuous pink red at different angles and lighting.
Over the years, the Tanzanite has come to symbolize a soulful and timeless elegance, rarity, and uniqueness. This precious stone and the history of its discovery are deeply rooted in the heart, culture, and economy of Tanzania.
Saniniu Laizer, a small-scale miner from Simanjiro in the Manyara Region, has recently made the unexpected acquisition of the two biggest untreated Tanzanite stones known to date around the world.
Both stones breaking the late record of the Mawenzi stone found in 2005, were purchased by the Tanzanian Government, under orders of the President, Dr. John Magufuli, in the optic of showcasing them in a local museum to honor the wealth of Tanzania, the significance of the Tanzanite and celebrate a new historical record.
The first gem, weighing a load of 9.2 kg, holds the new record and has been estimated at a total worth of 4.5 billion Tanzanian shillings, while the second stone of 5.8 kg was bought for 3.3 billion shillings.
It is almost overnight that Mr. Laizer joins the list of Tanzanian billionaires, acquiring a payment of 7.8 billion Tanzanian shillings. During an event held at the Mererani Tanzanite Mines in the Manyara Region, he had the opportunity to proudly hand over the two stones to the Minister of Minerals, Mr. Dotto Biteko and the Assistant Minister of Finance and Planning, Dr. Ashatu Kijaji, under the applause and cheers of the crowd.
During a call with Mr. Biteko, the President highly emphasized the importance of preserving the two stones as part of the local heritage and a way of showing the world that Tanzania really is the only source of Tanzanite.
Mr. Biteko also communicated the President’s wish to prevent the sale of these jewels to the highest foreign bidder, “If we don’t buy them, they’ll leave the country and we’ll have to pay to go see our own stones abroad. In order to show the world that we are rich with minerals, the president ordered that these stones be purchased and placed in our museums so that people can truly understand that Tanzania is the true source of Tanzanite in the world ”. The latter also made it a point of honour to ensure Mr. Laizer was offered the fair price for his finding and dedication, and not a cent less, on the day of the event itself.
It is in celebration and honor that Tanzania marked the discovery and acquisition of these two record-breaking gemstones. On this day which now makes history, the country is proud to be the only home of this tantalizing precious stone which stands as proof of their wealth and unique potential.
Also known as the ‘Gem of a Generation’, the collectible value of the stone is accentuated by its decreasing supply. Tanzanite mines are expected to have been fully excavated in the next few decades. This factor combined with the once-in-a-lifetime temperatures, pressures and mineral conditions required for the formation of Tanzanite ranges it among the rarest jewels in the world, a thousand times rarer than diamonds.
If you are looking to acquire your own Tanzanite, our collection has a wide variety of loose stones and ready-made jewelry of varying color, carat, cut and clarity which are sure to fit your liking.