Tanzania is abundantly rich in a variety of semi precious and precious gemstones including the unique tanzanite (blue zoisite) occurring in the Proterozoic metamorphic rocks of the Usagaran and Ubendian Systems.
Tanzanite is mined at Merelani from weathered rock, stratigraphically falling within the upper part of Usagara series represented by regionally metamorphosed vari-coloured. So far is the only single deposit discovered in the world. Other gemstones mined in the country include ruby, rhodolite, sapphire, emerald, amethyst, chrysoprase, peridot and tormaline etc. Recently, a major alluvial occurrence was discovered in the southern region of Ruvuma, Mtwara and Lindi. Varieties include chrysoberyl, spinels, alexandrite, sapphire, garnets, zircons and diamonds.
GEM AND ROCK VENTURES CO. LTD is looking for a potentiel partner cum investor to participate in any mining ventures registered in the name of GEM AND ROCK VENTURES CO. LTD. a limited liability company incorporated under Cap. 212 of the law of Tanzania.
NATURE OF PARTNERSHIP PREFFERED
Joint venture partnership or shareholding/equity participation.
GEM AND ROCK VENTURES CO. LTD is to Spend US$ 0.5M on upgrading its Block ‘D’ Tanzanite mine in Simanjiro District. The program involve expanding accomodation camp, camp office facilities, reducing the processing unit producing costs that will eventually diminish the total operational costs of the mine current averaging at US$ 0.1M per annual which is considerably the highest among several small scale tanzanite mines operating in Merelani.
n order to enable our company to capitalize and finance further production, purchase of plant and acquire mordern mining equipments and operational expenses at our compan´s mine in Block ´D´Merelani, Simanjiro District the company need an estimate project costs of USD 500,000 for optimum development of the mine.
– Mining
– Expolsive and accessories
– Buildings
– Machinery
– Fuel and Lubricant
The company will further start a new modern mine in Merelani and intends to mine an approximately thirty (30) Hectares, being three Tsavorite gemstones mines and granted with gemstones mining licence with vide No: GML 187/2004.
The development of mining operations. Detailed exploration, Purchase of modern mining equipment such as compressors, generators, Explosives and accessories, blowers, hoists and modern mining technology. The company will acquire facilities and financial viable as cost efficient to minimum of USD$ 5,550,000 (USD$ Five Million and Five Hundred Thousand) as a cost investment.
The manufacturing and jewellry centre is under consideration to be established in Bankook – Thailand in the near and distant future.
