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Getting Rich Overnight At Taraba Diamond Fields(blue Village) by Nobody: 2:08pm On Oct 12, 2014 |
Huge army of persons -men, women and children have flocked the Blue village, and many more are immigrating there on a daily basis. The demographic pull factor there is diamond, which is easily turned into hard currency. Before the Blue Village was discovered, a lot of mineral deposits had been left untapped on the Mambilla Plateau for centuries. “We are all here to find diamond. The diamond is money. It has brought every person you see here. The town you are seeing grew because of the search for Blue,” said Mrs. Helen Joseph, a Kaka indigene from Baruwa, Gashaka local government area of Taraba State. Mrs. Joseph, 36, has spent only two weeks in Mayo-Sina, but she said she is making it. “I realised N10,000 the first day I arrived here,” she told The Nation. She said she heard the news from neighbours and decided to come and witness what was happening in the area. But since coming, she said she is no longer thinking of leaving. Michael Akura, 47, is Tiv from Benue State. He said he also heard the interesting gist about the place and decided to go there. Akura who has completed a month in the Blue Village described the local mining business as lucrative. Hamidu Umar, 42, is a local miner from Sokoto. He was seen at the Blue Vllage with his son and three of his brothers searching for precious stones. He said he has been in the business for 18 years, from which he takes care of his wife and other family members. He said he has got more than N5 million since he arrived the Blue village in March. Money spinners The Nation also spoke to the buyers who are referred to as “dealers.” There are two types of dealers. There are middlemen or agents who buy directly from the miners -referred to as labourers. The middlemen sell to the main dealers who have come from different parts of the continent. Hamasumo Salihu, 45, is another veteran dealer in local mining. He said for the past 15 years he has not done any other business than mining. “This is what I have been doing as a source of living for the past 15 years,” he said. He said he had ventured into local mining just to keep body and soul together. But along the line his luck shone and he achieved a lot from the business. Sitting next to Salihu were two other dealers: Mustapha Aliyu, 28, and Ismaila Gidado, 25. Aliyu and Gidado came into the diamond field one day in July and since then have become partners in the business of buying and reselling precious stones. The cost of diamond depends on its quality. Quality here is determined by its purity, size and colour. The blue diamond, for instance, is more expensive than the white or green diamond. One gram of pure blue can cost from N200, 000 to N1million, depending on its quality and the bargaining forces and type of dealer involved. Abdulkadri Ibrahim, 33, who has 14 year experience in the business said a single stone costs more than tiny diamonds assembled together, even if they weigh the same grams. The market theory of demand and supply also works here. So the cost of diamond in Mayo-Sina also depends on bargaining and purchasing powers as well as the eagerness of the labourer to sell his commodity. One labourer had sold a diamond weighing 59 grams to an agent for N8 million who later resold it for N20 million. The highest sale has been N32 million by a young man of less than 20 years. Eye-witnesses said the buyer had even enticed him with a Kia Jeep gift before buying the commodity for N32 million. Many others have also made between N500,000 and N2 million. Another woman sold tiny diamonds weighing 89.3 grams for N200,000. Looking at the site, you will think at least 20 bulldozers are at work. No, the miners are using blunt implements such as hoe, digger and bare hands to dig the earth in search of the precious stones. The cold weather provides a clement atmosphere for miners to work throughout the day. 1 Like 1 Share |
Re: Getting Rich Overnight At Taraba Diamond Fields(blue Village) by tony231(m): 3:54pm On Oct 12, 2014 |
Hi, so how do we go into this biz? Which miners do we contact, text me, 08098242288 |
Re: Getting Rich Overnight At Taraba Diamond Fields(blue Village) by hertz9te(m): 4:15pm On Oct 12, 2014 |
hmm |
Re: Getting Rich Overnight At Taraba Diamond Fields(blue Village) by mastercee(m): 4:27pm On Oct 12, 2014 |
Impressive! Nigeria is truly a land overflowing with milk and honey |
Re: Getting Rich Overnight At Taraba Diamond Fields(blue Village) by Nobody: 4:34pm On Oct 12, 2014 |
tony231:These people are just trying their luck using unsophisticated equipments like hoes and diggers. The town, Mayo-Sina in Taraba state came into limelight as d population rose to 20,000 after the setlement came into existence in January this year. People are just trooping there to do business and whoever is willing to find diamond. You are nt to contact anyone. The news is being peddled around as d town becomes the fastest growing setlement in d world. |
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