Diamonds – Moquita
Tango is responsible for capital expenditures associated with alluvial diamond mine design and equipment acquisition as well as enhancing production. As remuneration, Tango will receive 60% of the proceeds from the sale of produced diamonds.
Tango has created a strategic funding partnership with CC Mining Limited (“CCML”), a member of Consolidated Contractors Company Group which is one of the world’s largest diversified international engineering and construction companies active in over 50 countries and across five continents and with total revenue in 2017 of US$6 billion. This funding and technical partnership has initially focused on funding the Services Agreement with Moquita.