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8ct. Diamond Boosts Tango Average Price

Mar 25, 2018 4:57 AM   By Rapaport News
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RAPAPORT... Tango Mining achieved an average price of $864 per carat at its March tender, driven by the sale of an 8.47-carat diamond, the company said Friday. 

The stone, which fetched $2,896 per carat, was among 106 rough diamonds — weighing a combined 159.34 carats — that Tango put up for sale.

Tango sources its diamonds from the Oena mine in South Africa. The company has recovered 1,660 carats of rough since acquiring the asset, selling the production for an average of $1,150 per carat.

Image: Ptukhina Natasha
Tags: March tender, miner, Oena mine, Rapaport News, South Africa, Tango Mining, Tango Mining Sells 8ct. Diamond
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