Southstone Announces Profit for the 2019 Financial Year VANCOUVER, British Columbia, Dec. 23, 2019 (GLOBE NEWSWIRE) -- Southstone Minerals Limited (“Southstone” or the “Company”) (TSX.V – SML) is pleased to announce results of the audited financial statements for the Financial Year ending 31 August 2019. Southstone`s strategic focus on its diamond operations, in particular the Company’s flagship asset, the Oena Diamond Mine, South Africa, resulted in a diamond production increase of 76% to 1,694.50 carats during the 2019 Financial Year (2018: 961.90 carats), which sold for an average of ...
Tango Announces Strategic Focus on Diamond Operations and Proposed Disposition of Coal Operations and Concurrent Change of Name VANCOUVER, British Columbia, July 30, 2019 (GLOBE NEWSWIRE) -- Tango Mining Limited (“Tango” or the “Company”) (TSX.V – TGV) announces that with the continued operational success at the Oena Diamond Mine in South Africa it is proposing to dispose of the Metallurgical and Mining Projects located in South Africa (the “Disposition”). The Board of Directors made this decision to allow management the ability focus attention on its diamond properties. The Company own...
Tango Reports Over 530 Carats in Diamond Sales With Average of USD$1,382 per Carat Oena Diamond Mine, South Africa VANCOUVER, British Columbia, July 22, 2019 (GLOBE NEWSWIRE) -- Tango Mining Limited (“Tango” or the “Company”) (TSXV:TGV) is pleased to provide an update on diamond sales results from the Oena Diamond Mine, Republic of South Africa (“Oena”). During the most recent production period, 9 May to 7 July 2019, a total of 531.82 carats (230 diamonds) were produced, placed on tender and sold with an average price of US$1,382 per carat. This includes a 19.87 carat diamond which sol...
Tango Q3 Operational Update VANCOUVER, British Columbia, June 17, 2019 (GLOBE NEWSWIRE) -- Tango Mining Limited (“Tango” or the “Company”) (TSX.V – TGV) is pleased to provide an update for the period of 1 March to 31 May 2019 (3rd Quarter) on its project portfolio located in South Africa, Angola and Liberia. COAL – Metallurgical and Mining Projects, Republic of South Africa Production Three months run of mine (ROM) and discard throughput for the three Exxaro Coal Central Proprietary Limited (ECC) operations were below budget: ActualBudgetVarianceComments (tonnes)(tonnes)(t...
Tango Diamond Sales From Oena Diamond Mine, South Africa VANCOUVER, British Columbia, Aug. 27, 2018 (GLOBE NEWSWIRE) -- Tango Mining Limited (“Tango” or the “Company”) (TSXV:TGV) is pleased to provide an update on diamond sales results from the Oena Diamond Mine, Republic of South Africa (“Oena”). During the most recent production period ending 15 August 2018, a total of 140 carats (76 diamonds) were produced, placed on tender in Kimberley and sold with an average price of US$1,421 per carat. This includes a 6.41 carat diamond which sold at US$5,443 per carat. Diamond production from Oen...
Tango Sells 42.26 Carat Diamond for $11,267 Per Carat From Oena Diamond Mine VANCOUVER, British Columbia, July 27, 2018 (GLOBE NEWSWIRE) -- Tango Mining Limited (“Tango” or the “Company”) (TSXV:TGV) is pleased to announce that it has sold the 42.26 carat diamond recovered from run of mine gravel (“ROM”) in the Oena Central Area, Oena Diamond Mine, Republic of South Africa (“Oena”). The diamond was sold on tender at the Kimberley Diamond Exchange for US$11,267 per carat. During the most recent production period, ending 19 July 2018, an additional 125.87 carats (82 diamonds) were produced...
Tango Update on Coal Operations VANCOUVER, British Columbia, June 27, 2018 (GLOBE NEWSWIRE) -- Tango Mining Limited (“Tango” or the “Company”) is pleased to provide an update for the period of 1 December, 2017 to 31 May, 2018 on its three Operation and Maintenance of Coal Processing Plant agreements with Exxaro Coal Central Propriety Limited (ECC). The agreements for the Dorstfonein East (DCME), Dorstfonein West (DCMW) and Forzando (FZN) coal mines are handled via Tango’s South African subsidiary, Kwena Mining Projects (Pty) Ltd. HEALTH, SAFETY & ENVIRONMENT: Kwena had no reportable inc...
Tango Acquires and Mobilizes Processing Equipment to Oena Diamond Mine VANCOUVER, British Columbia, June 25, 2018 (GLOBE NEWSWIRE) -- Tango Mining Limited (“Tango” or the “Company”) (TSX-V:TGV) is pleased to announce that it has acquired and mobilized a processing plant consisting of two sixteen foot pans with a combined capacity of 120 tons per hour (the “Plant”), to the Oena Diamond Mine (“Oena”). The Plant, including a newly purchased 260 KVA diesel generator, will be used to process pan tailings and bantam material (“Tailings”) left on site from previous mining operations. As annou...
Tango Diamond Sales From Oena Diamond Mine, South Africa VANCOUVER, BRITISH COLUMBIA, June 22, 2018 (GLOBE NEWSWIRE) -- Tango Mining Limited (“Tango” or the “Company”) (TSXV:TGV) is pleased to provide an update on diamond sales results from the Oena Diamond Mine, Republic of South Africa (“Oena” or the “Property”). During the most recent production period ending 14 June, 2018, a total of 152.63 carats (95 diamonds) were produced, placed on tender in Kimberley and sold with an average price of US$973.13 per carat. This includes a 10.23 carat diamond which sold at US$1,464.32 per carat. Di...
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