Tango Mining Ltd. announces that the TSX Venture Exchange has approved the Company’s change of name from Tango Mining Ltd. to Southstone Minerals Limited and a consolidation of its share capital on the basis of one post-consolidated share for each ten pre-consolidated shares. The Company’s common shares will commence trading on the Exchange under the new name and on a post-consolidated basis at market open on [...]
Tango Mining Ltd. announces that further to its News Release dated July 30, 2019, wherein it announced a proposed change of name to “Southstone Minerals Limited”, subject to the approval of the TSX Venture Exchange, it is proposing to concurrently consolidate its common shares on the basis of one post-consolidation common share for every ten pre-consolidation common shares. Currently, a total of 232,602,139 [...]
Tango Mining Ltd. announces that it has cancelled its special meeting of shareholders as the proposed disposition of the Kwena Group announced on the 30 July 2019 to Mr. Gallagher has been terminated. The Company maintains its strategic focus on its diamond operations and in particular the Oena Diamond Mine. As announced on 27 September 2019, the Company had its best production quarter to date and during the production [...]
Tango Mining Ltd. is pleased to provide a production and operational update for the period of 1 June 2019 to 31 August 2019 on its project portfolio located in South Africa and Liberia. Tango continues to focus and prioritize its efforts on improving and increasing production at the Oena Diamond Mine. There are currently two mining contractors on site using eight pan plants to process both run of mine and pan tailings and [...]
Tango Mining Ltd. announces that it has postponed its special meeting of shareholders to be held on September 13th, 2019 to a date to be confirmed. The purpose of the meeting was to seek shareholder approval to a related party transaction whereby the Company is proposing to sell its 74% interest in each of Kwena Mining Projects Ltd., Kwena Mining and Metallurgical Services Ltd. and Kwena Springlake Projects Ltd. to Kevin [...]
Tango Mining Ltd. announces that it has terminated the Services Agreement for Mining and Marketing of Diamonds with Cooperativa Mineira Do Moquita, SCRL in Angola. In conjunction with this termination, Tango also announces that two loan facilities announced 12 September 2018, to fund the capital and operating costs associated with the mining of diamonds in Angola, have also been terminated. Tango Mining Ltd. Mr. Samer [...]
Tango Mining Ltd. announces that with the continued operational success at the Oena Diamond Mine in South Africa it is proposing to dispose of the Metallurgical and Mining Projects located in South Africa . The Board of Directors made this decision to allow management the ability focus attention on its diamond properties. The Company owns a 74% interest in each of Kwena Mining Projects Ltd. , Kwena Mining and [...]
Tango Mining Ltd. is pleased to provide an update on diamond sales results from the Oena Diamond Mine, Republic of South Africa . During the most recent production period, 9 May to 7 July 2019, a total of 531.82 carats were produced, placed on tender and sold with an average price of US$1,382 per carat. This includes a 19.87 carat diamond which sold at US$4,358 per carat, a 49.6 carat diamond which sold at US$2,561 per [...]
Tango Mining Ltd. is pleased to provide an update for the period of 1 March to 31 May 2019 on its project portfolio located in South Africa, Angola and Liberia. COAL – Metallurgical and Mining Projects, Republic of South Africa Production Three months run of mine and discard throughput for the three Exxaro Coal Central Proprietary Limited operations were below budget: Actual Budget Variance Comments Dorstfontein [...]
Tango Mining Ltd. is pleased to provide an update for the period of 1 December 2018 to 28 February 2019 on its project portfolio located in South Africa, Angola and Liberia. COAL – Metallurgical and Mining Projects, Republic of South Africa Production Three months run of mine and discard throughput for the three Exxaro Coal Central Proprietary Limited operations were in line with budget: Actual Budget Variance [...]
Tango Mining Ltd. is pleased to announce that Neil Budd has been appointed to the Board of Directors. Neil Budd qualified as a solicitor in 1988 and worked in local government for seven years, specialising in commercial property and development projects. In 1995 he joined the Moscow Office of international law firm, Watson Farley and Williams. Neil worked in Moscow for four years, undertaking a broad of work including [...]
Tango Mining Ltd. announces that it has agreed to settle an outstanding indebtedness with an arm’s length party in the sum of $103,494 by the issuance of 2,069,880 common shares in the capital stock of the Company at a price of $0.05 per share, which transaction is subject to the approval of the TSX Venture Exchange. About Tango Mining Limited The Company holds an interest in the Oena Diamond Mine, a producing [...]