Tango Averages $1.4K/ct. at Rough Sale

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)