Tango Sells 42ct. Diamond for $476K

RAPAPORT… Tango Mining has sold a 42.26-carat diamond from its Oena project
in 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 at the Kimberley Diamond Exchange.

The miner also sold 125.87 carats of rough diamonds at
tender at an average price of $945 per carat. The sale included a 10.48-carat stone,
fetching $2,374 per carat, and a 7.17-carat rough, which garnered $3,600 per
carat.