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Analysis

Tanzanite: how Tanzania can profit from mining its rare stone

Tanzania is the only place where mines extract the rare stone tanzanite, but the country has so far failed to profit from its scarcity. Gemmologists have theories about how to generate more appeal, but it could be a challenge when legal tanzanite sales are competing against illegal trade. Can Tanzania’s government enforce new rules to take advantage of its blue treasure, or is tanzanite’s fate sealed?

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