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Tango Mining
Tango Pulls Out of Angola Diamond Venture
Tango Mining has terminated its service agreement to mineand market diamonds from the Moquita project in Angola. The company, in September, signed on to finance the alluvial project, which is located just north of Lucapa’s Lulomine. While...
Mining Aug 21, 2019 Rapaport News
Tango Exits Coal to Focus on Diamonds
Tango Mining plans to dispose of its South African coalbusiness to focus on its diamond operations, amid “continued operational success” at its Oena mine, the company said. Kevin Gallagher, a director of Tango, will purchase theminer’s 74%...
Mining Aug 04, 2019 Rapaport News
Tango Mining
Tango Averages $1.4K/ct. at Rough Sale
Tango Mining sold a 19.87-carat rough diamond for $4,358 percarat, one of a number of high-value stones up for tender from its Oena projectin South Africa. The miner sold 230 stones totaling 531.82 carats from...
Mining Jul 23, 2019 Rapaport News
Tango Mining
Tango Sells Diamond for Nearly $8K/ct.
Tango Mining sold a 5.28-carat rough diamond for $7,730 per carat, boosting sales from its Oena project in South Africa. The diamond was one of 190 stones totaling 333.25 carats, which the miner...
Mining Jun 18, 2019 Rapaport News
Tango alluvial mining
Tango Takes On Two New Mines
Tango Mining has expanded its portfolio with the acquisitionof a Liberian mine, as well as signing an agreement to finance an alluvialproject in Angola. The miner has bought an 80% share in the Mano River Projectin Liberia from West...
Mining Sep 13, 2018 Rapaport News
Tango 150
Tango Sells 42ct. Diamond for $476K
Tango Mining has sold a 42.26-carat diamond from its Oena projectin South Africa for $11,267 per carat, it said. The company — which recovered the stone earlier this month— sold it for $476,143 at a tender...
Mining Jul 30, 2018 Rapaport News
Tango 150
8ct. Diamond Boosts Tango Average Price
Tango Mining achieved an average price of $864 per carat atits March tender, driven by the sale of an 8.47-carat diamond, the company saidFriday. The stone, which fetched $2,896 per carat, was among 106 roughdiamonds...
Mining Mar 25, 2018 Rapaport News
Tango Firestone BK11 mine Botswana
Firestone Pulls Sale of BK11 Mine to Tango
Firestone Diamonds said the sale of the BK11 mine in Botswana fell through after Tango Mining failed to meet the purchase conditions by September 9. The deal was initially scheduled to close in September last year, but...
Mining Sep 12, 2016 Rapaport News
Tango Firestone BK11 mine Botswana
Firestone Extends BK11 Financing Deadline Again
Firestone Diamonds agreed to push back the deadline for thesale of its Botswana operations to Tango Mining for the fourth time to enablethe buyer to finalize funding. The announcement came as Tango agreed a $10million loan to finance...
Mining Aug 30, 2016 Rapaport News
Tango Firestone BK11 mine Botswana
Firestone Postpones BK11 Sale
Firestone Diamonds extended Tango Mining’s deadline for a thirdtime to enable the latter to finalize a loan for financing an acquisition ofthe BK11 mine in Botswana.Firestone agreed to sell the mine to Tango last year for $8million and...
Mining Aug 01, 2016 Rapaport News
Tango Firestone BK11 mine Botswana
Tango Granted Leeway to Fund Botswana BK11 Diamond Mine
BK11 mine, Botswana Tango Mining, a Canada-based company that primarily operatesin southern Africa, received an extension of a deadline to meet all conditionsfor its acquisition of Firestone Diamonds' Botswana operations.Tango agreed to acquire the BK11 Kimberlite Diamond...
Mining Apr 10, 2016 Rapaport News
Tango Firestone BK11 mine Botswana
Tango Gets $30M Loan to Complete Botswana Mine Deal
BK11 mine, Botswana Tango Mining has secured a $30 million loan that will fund thedelayed acquisition of a mine in Botswana from Firestone Diamonds after beinggranted an extension to raise funds for the purchase.This follows Tango...
Mining Mar 30, 2016 Rapaport News
Firestone Diamonds
Firestone, Tango Agree Extended Deadline for Botswana Deal
Firestone Diamonds has agreed to altered conditions of an $8 million deal to sell its Botswana operations, including a new deadline by which acquirer Tango Mining must have raised the consideration and other amounts.Tango now has until...
Mining Oct 15, 2015 Rapaport News
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