Southstone Minerals Ltd. is pleased to provide a production and operational update for the period 1 June 2020 to 31 August 2020 on its project portfolio located in South Africa. Oena Diamond Mine, Republic of South Africa Production at the Oena Diamond Mine during Q4, 2020 operated normally and during the period a 63.88 carat diamond, the largest [...]
Southstone Minerals Ltd. is pleased to announce it has entered in an Acquisition Agreement to acquire the 1607.7 hectare Prospecting Right covering the Farm Panfontein 58 HO alluvial diamond property situated approximately 8 kilometers east of the town of Schweizer Reneke in the Northwest Province of the Republic of South Africa . The Property has [...]
Southstone Minerals Ltd. is pleased to provide a production and operational update for the period of 1 December 2019 to 28 February 2020 and 1 March to 31 May 2020 on its project portfolio located in South Africa. Oena Diamond Mine, Republic of South Africa Southstone continues to focus and prioritize its efforts on the Oena Diamond Mine. There is [...]
Southstone Minerals Ltd. announces that it has agreed to settle outstanding indebtedness in the sum of $705,456.75 by the issuance of 7,524,872 common shares in the capital stock of the Company at a price of $0.09375 per share, which transaction is subject to the approval of the TSX Venture Exchange. CC Mining Limited has agreed to settle [...]
Southstone Minerals Ltd. is pleased to announce that at the annual and special shareholders meeting held on May 15th, 2020, the Company received disinterested and minority shareholder approval of the Company’s disposition of the Company’s 49% interest in the issued and outstanding Ordinary Shares and 74% interest in the issued and outstanding [...]
Southstone Minerals Ltd. announces the closure of the Oena mine in the Northern Cape, South Africa in compliance with the South African governments instructions for a 21 day lockdown period starting from March 26th until April 16th, 2020. Kwena Group will continue to operate only a day shift as the three coal washing facilities are partially [...]
Southstone Minerals Ltd. announces that it is proposing to sell its 49% interest in the issued and outstanding Ordinary Shares and 74% interest in the issued and outstanding Preference Shares of each of Kwena Mining Projects Ltd., Kwena Mining and Metallurgical Services Ltd. and Kwena Springlake Projects Ltd. The Company has entered into a [...]
Southstone Minerals Ltd. is pleased to announce a record quarter, having made a profit for the Q1 2020 period 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 . Southstone continues to focus and [...]
Southstone Minerals Ltd. 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 on its project portfolio located in South Africa and Liberia. DIAMOND PRODUCTION Oena Diamond Mine, Republic of South [...]
Southstone Minerals Ltd. 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 [...]
Southstone Minerals Limited is pleased to provide an operational and production update for the Oena Diamond Mine. 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. Southstone maintains its strategic focus on its diamond operations, in [...]
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 [...]