Tango Mining is pleased to announce that three Operation and Maintenance of Coal Processing Plant Agreements, in respect of three Exxaro coal mines, Dorstfontein East, West and Forzando, have been renewed for three years, to June 2020. The three coal mines are located within the Ogies and Highveld coalfields, Mpumalanga Province, South Africa. Tango operations at the three collieries consist of over 230 permanent [...]
Tango Mining is pleased to announce that Samer Khalaf, who was appointed as non-executive director on 3 April 2017, has accepted the position of Chief Executive Officer of the Company. Samer has over 25 years of investment banking experience in the Middle East, Africa and Europe and has held senior positions at various institutions including Nomura Securities, Gazprombank and PrimeCorp Finance SA. His most recent position [...]
Tango Mining is pleased to provide an update on recent diamond production and sales results from the Oena Diamond Mine, Republic of South Africa. During the period 18 April 2017 to 19 May 2017, a total of 465 carats were produced (311 stones and an average size of 1.498 carat per stone). A total of 527 carats were placed on tender in Johannesburg or sold in Dubai and sold with an average price of US$812 per carat. Diamond [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - May 16, 2017) - Tango Mining Ltd. ("Tango" or the "Company") (TSX VENTURE:TGV) announces that it has reached a settlement with creditors for debt totaling C$37,500 by the issuance of 750,000 common shares at a price of $0.05 per share. These shares for debt settlements are subject to the approval of the TSX Venture Exchange. About Tango Mining Limited Tango via its South African [...]
Tango Mining is pleased to provide an update on recent diamond sales from the Oena Diamond Mine, Republic of South Africa. During the period 21 March to 17 April 2017, a total of 312 carats (199 diamonds) were produced. A total of 250 carats were placed on tender in Johannesburg and sold with an average price of US$1,155 per carat. It is planned for 62 carats to be exported to Dubai to be sold by ATC Enterprises DMCC [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Apr 18, 2017) - Tango Mining Ltd. ("Tango" or the "Company") (TSX VENTURE:TGV) announces that further to its news release dated March 23, 2017 the Company has now closed its agreement with Mr. Georges Zard ("GZ"), the owner of the international conglomerate The GZA Group, whereby GZ acquired from the Company an 8% interest in African Star Minerals (Pty) Ltd ("ASM"). ASM owns [...]
Tango Mining is pleased to provide an update on recent diamond sales results and the ongoing mining work programme at the Oena Diamond Mine, Republic of South Afric. During the one month period ending 20 March 2017, a total of 307.94 carats (183 diamonds) were produced and sold with an average price of US$875 per carat. Diamond production from Oena, since acquisition, now totals 564.06 carats which have been sold at an [...]
Tango is pleased to announce it has now received TSX.V approval of a private placement for $225,000, consisting of 4,500,000 units at a price of $0.05 per share. Each unit consists of one common share and one share purchase warrant entitling the holder thereof to purchase one additional common share at a price of $0.07 per share for a term of one year from the date of issuance. The shares forming part of the units and any [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - April 3, 2017) - Tango Mining Ltd. ("Tango" or the "Company") (TSX VENTURE:TGV) is pleased to announce the appointment of Mr. Samer Khalaf as a non-executive Director effective immediately. Mr. Khalaf is the Director for Africa and Middle East at GPB Global Resources. GPB Global Resources is an international group of companies engaged in petroleum and mineral resource projects [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Mar 27, 2017) - Tango Mining Ltd. ("Tango" or the "Company") (TSX VENTURE:TGV) announces that further to its news releases dated February 28, 2017 and March 1, 2017 the Company has eliminated the intermediary step of acquiring from Mr. Kevin Gallagher a related party, a 23% interest in African Star Minerals (Pty) Ltd ("ASM"). As a result, the terms of the agreement with Mr [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - March 1, 2017) - Tango Mining Ltd. ("Tango" or the "Company") (TSX VENTURE:TGV) is pleased to announce that it has entered into a binding agreement with Georges Zard ("GZ"), the owner of the international conglomerate The GZA Group, whereby GZ will acquire a 31% interest in African Star Minerals (Pty) Ltd ("ASM") which holds 100% of the Oena Diamond Mine in South Africa for [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Feb. 28, 2017) - Tango Mining Ltd. ("Tango" or the "Company") (TSX VENTURE:TGV) is pleased to announce that that it has entered into a non-arms length acquisition agreement to acquire an additional 23% interest in the issued and outstanding shares of African Star Minerals (Pty) Limited ("ASM") in which Tango currently owns a 51% interest (see news release dated 20 October 2014 [...]
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