Gemstones As A Source Of Income

Nigeria has a wide variety of precious gems, as a matter of fact, it has been proven that almost all gems that are of value can be mined in the country.Obviously some Nigerian gems are the best in the world whilst others are just marginal in quality. There is an insatiable demand for these rocks outside, especially Europe and more recently, Asia. China is buying everything we can mine!
US is a good market as well, but they buy only the best are very choosey, especially when you're not present with your goods. This happens because most times,you can only courier the stones to them for inspection and appraisal before they pay.

I have sent stones to people I have never personally met and after inspection, received payment which is usually through Western Union. In the early days of the business,after sending an image of the material, you could ask for and receive a down payment as a gesture of good faith. But trust Nigeria, some boys collected cash upfront, bought fancy cars, fancy clothes, bling bling and never sent JACK to the customer- So this is quite rare. As a matter of fact, the fastest and most efficient way to lose a customer now, is to tell him to send cash upfront to Nigeria; You won't get a goodbye email.

I will give a more detailed study into what is availabe, sources, prices, etc.