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)
Tango Averages $1.4K/ct. at Rough Sale
The Bottom Line
- Tango Mining sold 230 rough diamonds totaling 531.82 carats between May 9 and July 7, averaging $1,382 per carat.
- High-value stones included a 19.87-carat diamond at $4,358 per carat and a 49.6-carat diamond at $2,561 per carat.
- The company is expanding exploration with trial mining in Angola and a project in Liberia.
More Stories
Qatar Diamond Exchange to Collaborate with Italian Bourse
Parties signed MoU to extend connection among their members, broaden cooperation and advance commercial relationships.
China Signs Deal to Reinvigorate Interest in Natural Diamonds
Shanghai Diamond Exchange hosts signing of Beijing Declaration, with government representatives from Botswana, Namibia and South Africa.
AI, Gen Z Are Hot Topics at AGS Conclave
This year’s edition is last to take place in September, as event returns to spring in 2027.
