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.
Tango Sells 42ct. Diamond for $476K
The Bottom Line
- Tango Mining sold a 42.26-carat diamond for $11,267 per carat, totaling $476,143.
- The sale took place at a tender at the Kimberley Diamond Exchange.
- Additional rough diamonds totaling 125.87 carats sold at an average of $945 per carat, including notable stones of 10.48 and 7.17 carats priced at $2,374 and $3,600 per carat respectively.
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