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...South African entrepreneur named Mike Nunn, who was buying tanzanite from local miners, spotted an opportunity. He recalls drinking a beer on the hood of his Land Cruiser???the snow on "Kili" pink in the sun's glow?and studying the mining operations below. He had come from the Block D zone reserved for small-scale miners and was headed to Block B, a second area for locals, studded like D with a jumble of corrugated-iron roofs, holes and ladders marking each small claim. But between them was a large dirt stretch with no activity. He made inquiries...

Author: /time Magazine | Title: Romancing a New Stone | 3/1/2007 | See Source »

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