Download as PDF VANCOUVER, BRITISH COLUMBIA — 07 February 2020 – Southstone Minerals Limited (“Southstone” or the “Company”) (TSX.V – SML) is pleased to announce a record quarter, having made a profit for the Q1 2020 period (1 September 2019 to 30 November 2019) of C$364,838, compared to a loss incurred in the comparative period in Q1 2019 of C$88,636. These results are directly related to the increase in diamond sales from Oena Diamond Mine, South Africa (“Oena”). Southstone continues to focus and prioritize its efforts on improving and increasing production at Oena resulting in operational improvements and the production
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Archives for News
Q1 2020 OPERATIONAL UPDATE
Download as PDF VANCOUVER, BRITISH COLUMBIA — 27 December 2019 — Southstone Minerals Limited (“Southstone” or the “Company”) (TSX.V – SML) is pleased to announce the below Q1 Operational update. Operational Update Q1 2020 Management is pleased to provide a production and operational update for the period of 1 September 2019 to 30 November 2019 (Q1 2020) on its project portfolio located in South Africa and Liberia. DIAMOND PRODUCTION Oena Diamond Mine, Republic of South Africa Southstone continues to focus and prioritize its efforts on improving and increasing production at the Oena Diamond Mine. There are currently two mining contractors
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SOUTHSTONE ANNOUNCES PROFIT FOR THE 2019 FINANCIAL YEAR
Download as PDF VANCOUVER, BRITISH COLUMBIA — 23 December 2019 — Southstone Minerals Limited (“Southstone” or the “Company”) (TSX.V – SML) is pleased to announce results of the audited financial statements for the Financial Year ending 31 August 2019. Southstone`s strategic focus on its diamond operations, in particular the Company’s flagship asset, the Oena Diamond Mine, South Africa, resulted in a diamond production increase of 76% to 1,694.50 carats during the 2019 Financial Year (2018: 961.90 carats), which sold for an average of US$1,664 (2018: US$1,462). The Oena Diamond Mine continues to improve operationally, produce very high‐ quality diamonds and
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SOUTHSTONE REPORTS CONTINUED RECOVERY OF HIGH-QUALITY DIAMONDS FROM OENA
Download as PDF VANCOUVER, BRITISH COLUMBIA — 31 October 2019 – Southstone Minerals Limited (“Southstone” or the “Company”) (TSX.V – SML) is pleased to provide an operational and production update for the Oena Diamond Mine (“Oena”). During the production period, 8 August to 16 October 2019, a total of 742 carats were produced, placed on tender and sold with an average price of US1,495 per carat (USD $1,110,164 in sales). Southstone maintains its strategic focus on its diamond operations, in particular the Company’s flagship asset the Oena Diamond Mine, located in the Northern Cape, South Africa, which produces very high-quality
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SOUTHSTONE MINERALS ANNOUNCES COMPLETION OF NAME CHANGE AND SHARE CONSOLIDATION
Download as PDF VANCOUVER, BRITISH COLUMBIA — 29 October 2019 – Tango Mining Limited (“Tango” or the “Company”) (TSX.V – TGV) announces that the TSX Venture Exchange (the “Exchange”) has approved the Company’s change of name from Tango Mining Limited 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 Tuesday, 29 October 2019 under the trading symbol “SML”. The new CUSIP number is
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TANGO ANNOUNCES SHARE CONSOLIDATION CONCURRENT WITH CHANGE OF NAME
Download as PDF VANCOUVER, BRITISH COLUMBIA — 21 October 2019 – Tango Mining Limited (“Tango” or the “Company”) (TSX.V – TGV) 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 (the “Share Consolidation”). Currently, a total of 232,602,139 common shares are issued and outstanding, which will be consolidated into 23,260,213 common shares, assuming no
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TANGO ANNOUNCES TERMINATION OF KWENA GROUP DISPOSITION
Tango Mining Limited (“Tango” or the “Company”) (TSX.V – TGV) 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.
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TANGO Q4 OPERATIONAL UPDATE
Tango Mining Limited (“Tango” or the “Company”) is pleased to provide a production and operational update for the period of 1 June 2019 to 31 August 2019 (4th Quarter) on its project portfolio located in South Africa and Liberia.
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TANGO TERMINATES ANGOLA ALLUVIAL DIAMOND PROJECT
Tango Mining Limited (“Tango” or the “Company”) (TSX.V – TGV) announces that it has terminated the Services Agreement for Mining and Marketing of Diamonds with Cooperativa Mineira Do Moquita, SCRL in Angola.
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TANGO ANNOUNCES STRATEGIC FOCUS ON DIAMOND OPERATIONS AND PROPOSED DISPOSITION OF COAL OPERATIONS AND CONCURRENT CHANGE OF NAME
Tango Mining Limited (“Tango” or the “Company”) (TSX.V – TGV) 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 “Disposition”).
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