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Last $0.03 USD
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FDGMF On Other Exchanges
As of 8:10 PM 05/1/15 All times are local (Market data is delayed by at least 15 minutes).

tango mining ltd (FDGMF) Snapshot

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tango mining ltd (FDGMF) Details

Tango Mining Limited explores, acquires, and develops mineral properties in South Africa and Central America. It primarily explores for coal, precious stone, gold, base, and other metal ores. The company holds a 100% interest in the Oena project covering an area of approximately 8,800 hectares in Northern Cape Province, South Africa; and the El Santo concession, which covers an area of 2,088.8 hectares in the Republic of Nicaragua. It also owns four thermal coal, metallurgical, and processing plant and engineering contracts in the Ogies and Highveld coalfields, Mpumalanga Province; and the Kliprivier coalfield, KwaZulu-Natal Province. The company was formerly known as Tango Gold Mines Incorporated and changed its name to Tango Mining Limited in November 2014. Tango Mining Limited is based in Vancouver, Canada.

tango mining ltd (FDGMF) Top Compensated Officers

Chief Financial Officer
Total Annual Compensation: C$2.5K
Executive Director
Total Annual Compensation: C$106.6K
Compensation as of Fiscal Year 2014.

tango mining ltd (FDGMF) Key Developments

Tango Mining Mulls Acquisitions

Tango Mining Limited (TSXV:TGV) is seeking acquisitions. Tango Mining announced a private placement offering of the unsecured note and secured Notes and intends to use the proceeds for ongoing development of the Company's current projects, acquisition of new projects and for general working capital purposes.

Tango Mining Limited Announces Bulk Sampling Program at its Oena Project, Northern Cape Province, South Africa

Tango Mining Limited announced that the bulk sampling program at its Oena Project, Northern Cape Province, South Africa commenced in February 2015 on schedule. Successful mobilization of mining contractor earthmoving equipment to support a total of 1.5 million tonnes per annum (tpa) throughput capacity. The first 24,421 tonnes has been excavated, of which 3,390 run of mine tonnes have been processed through the commissioned rotary plant and recovery system. The newly acquired high volume Bourevestnik (SA) (BVX) X-ray recovery equipment, to be commissioned in March 2015, will allow for increased recovery efficiencies and product insurance and protection. First full month production results and subsequent diamond sales expected in the third quarter of 2015.

Tango Mining Limited Appoints Marco Moller to its Board of Directors

Tango Mining Limited announced that Mr. Marco Moller has been appointed to the Board of Directors. Mr. Moller has over 20 years' experience in the southern African mining, energy export, manufacturing and engineering sectors, which includes the CEO of African Star. He was also founder and Executive Managing Director of AFRICO Engineering and JOSS Steelworks and was group financial controller of Firestone Diamonds PLC, where he was part of the key management team responsible for developing various alluvial and kimberlitic assets from early exploration through to production status.


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