Announcing the results of its latest sale of diamonds from the Oena Diamond Mine in South Africa, Tango Mining Ltd said that it sold all the 159.34 carats (106 diamonds) placed on tender in Antwerp at an average price of US$ 864 per carat.

The sale included an 8.47 carat diamond which sold at US$ 2,896 per carat, Tango said.

With this sale, total diamond production from Oena, since acquisition, including production from both run of mine material (ROM) as well as pan tailings, now totals 1,660 carats which have been sold at an average price of US$ 1,150 per carat.

On behalf of Board of Directors of Tango Mining Limited, Samer Khalaf, CEO said, “Bluedust continues its due diligence program and will continue to systematically test various areas of the Property and a total of 26,130t of both ROM and Tailings material were processed during the most recent production period.”