Tango mobilises additional equipment for processing Oena tailings

By Marleny Arnoldi      / June 25, 2018 / www.miningweekly.com / Article Link

Diversified junior miner Tango Mining has produced 95 diamonds, weighing 152.63 ct, at its Oena alluvial diamond operation, in South Africa’s Northern Cape province, for the production period ending June 14.

The diamonds were sold at an average price of $973.13/ct and included a 10.23 ct diamond that sold for $1 464.32/ct.

Advertisement

Diamond production from Oena, since Tango acquired the mine, including production from both run-of-mine material, as well as pan tailings, now totals 2 019 ct that have been sold at an average price of $1 106/ct.

Meanwhile, the company has acquired and mobilised a processing plant, comprising two 16 ft pans with a combined capacity of 120 t/h, to the Oena diamond mine.

Advertisement

The plant, including a new 260 kVA diesel generator, will be used to process pan tailings and bantam material left on site from previous mining operations.

Commissioning of the plant is on schedule, said Tango, and will begin on June 27.

The plant will be used in conjunction with Bluedust 7’s existing mining and processing equipment on site to increase production capacity that is specifically focused on tailings.

Recent News

Bullish bankers and bearish institutions split on gold forecasts

July 01, 2024 / www.canadianminingreport.com

Gold stocks down on flat metal price and mixed equities

July 01, 2024 / www.canadianminingreport.com

Snowline Gold reports Initial Resource Estimate

June 24, 2024 / www.canadianminingreport.com

Inflation subsiding and rate cuts starting internationally

June 24, 2024 / www.canadianminingreport.com

Inflation rebound continues to reverse

June 17, 2024 / www.canadianminingreport.com
See all >
Share to Youtube Share to Facebook Facebook Share to Linkedin Share to Twitter Twitter Share to Tiktok