News

Advanced Search

Tango Averages $1.4K/ct. at Rough Sale

Jul 23, 2019 8:45 AM   By Rapaport News
Comment Comment Email Email Print Print Facebook Facebook Twitter Twitter Share Share


RAPAPORT... Tango Mining sold a 19.87-carat rough diamond for $4,358 per carat, one of a number of high-value stones up for tender from its Oena project in South Africa.

The miner sold 230 stones totaling 531.82 carats from its May 9 to July 7 production. It achieved an average price of $1,382 per carat for rough at the sale. 

The company also sold a 49.6-carat diamond for $2,561 per carat, a 16.65-carat rough for $2,126 per carat, and a 24.97-carat stone for $1,101 per carat.

In addition, Tango is conducting trial mining in Angola and an exploration project in Liberia.

Image: The Oena mine. (Tango Mining)
Tags: Kimberley Diamond Exchange, Oena, Oena mine, Rapaport News, tango, Tango Mining
Similar Articles
Comments: (0)  Add comment Add Comment
Arrange Comments Last to First
© Copyright 1978-2019 by Martin Rapaport. All rights reserved. Index®, RapNet®, Rapaport®, PriceGrid™, Diamonds.Net™, and JNS®; are TradeMarks of Martin Rapaport.
While the information presented is from sources we believe reliable, we do not guarantee the accuracy or validity of any information presented by Rapaport or the views expressed by users of our internet service.