TanzaniteOne - The largest and most advanced miner of the rare tanzanite gemstone

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The intrinsic attraction of tanzanite and the finite nature of a single known resource at the foothills of Mount Kilimanjaro in northern Tanzania are undoubtedly part of tanzanite’s allure.

TanzaniteOne is the largest and most scientifically advanced miner and supplier of rough tanzanite, a unique position that affords it the opportunity to support and influence the entire channel, from mine to market, ensuring that maximum stakeholder value is achieved at each stage of the process.

Our leading position in the tanzanite market has ensured TanzaniteOne the recognition and respect of its peers and provides the opportunity for expansion into a broader range of PCGs located at various key sights around the world.

Objective	To be world’s leading premium coloured gemstone mining company
Tanzanite Strategy	Continued exploration, expansion and improvement of the available skills, resource base and market positioning of this magnificent product.
PCG Strategy	As the technical and scientific leader in coloured gemstone mining and with solid stakeholder relations TanzaniteOne’s business model is uniquely suited to explore and capitalise on the numerous available opportunities for growth and the realization of shareholder value.

The strategic move in to new premium coloured gemstones has commenced with the move into tsavorite, a brilliant green gemstone also found in Tanzania with a remarkably similar geology to tanzanite, yet enjoying a current price per carat of approximately three times that of tanzanite.

History

October 2007
TanzaniteOne announces move into more premium coloured gemstones with the acquisition of a Tsavorite Project also in Tanzania

Aug 2005
Commissioning of a fully automated rough tanzanite optical sorting and primary grading system at the company’s Merelani mine.

Aug 2005
Largest piece of rough tanzanite found at TanzaniteOne’s Merelani mine, measuring 16,839 carats (more than 3kg), 220mm x 80mm x 70mm), and named ‘The Mawenzi’.

May 2005
Appointment of first Sightholders.

Mar 2005
TanzaniteOne Limited announces its Preferred Supply Strategy, the first of its kind in the coloured gemstone industry, designed to grow the global market for tanzanite through strategic collaborative relationships with selected customers (Sightholders) who share in and contribute to the vision.

Aug 2004
TanzaniteOne Limited was admitted to trading on the Alternative Investment Market (AIM) of the London Stock Exchange.

Jun 2004
TanzaniteOne (SA) (Proprietary) Limited changes its status from private company to public company (TanzaniteOne (SA) Limited).

Apr 2004
An agreement is signed by Afgem finalising the sale of the tanzanite business and assets of the company to TanzaniteOne (SA)(Proprietary) Limited, a member of the TanzaniteOne Group.

Jan 2003
Afgem successfully completes the initial phase of mine development.

Jan 2001
Afgem commences development of the world's most modern coloured gemstone mining facility.

Aug 2000
Afgem lists on the JSE Securities Exchange South Africa, raising capital for mine development and marketing of tanzanite.

Dec 1998
Afgem is successful in bidding for the assets and mining rights of the Merelani Tanzanite Mine via its Tanzanian subsidiary, Merelani Mining Limited. The mining rights represent a significant portion of the world's known reserves of tanzanite. Special Mining Licence 08/92 is transferred to Afgem shortly thereafter.

Feb 1998
Afgem, the company from which the TanzaniteOne Group acquired the tanzanite business and assets, funds the acquisition and subsequent Feasibility Study of the Tanzanite Project through a private placing of 40 185 182 shares.