Terramin Australia released its 2nd Quarter Report for 2012.
Terramin Australia Limited (ASX: TZN) advises that its Angas Zinc Mine is expected to record earnings before interest, tax and depreciation (EBITDA) for the half year ended 30 June 2012 of approximately $4 million.
Terramin Australia Limited (“Terramin” or the “Company”) has completed a forward sale and option hedging program providing price protection over approximately 60% of the next 6 months forecast $A zinc and lead revenue
Terramin Managing Director, Nic Clift, today announced further progress on the Company’s strategic objective of strengthening the Company’s balance sheet and maximising cashflows.
This is the Chairman’s address to Terramin Australia Limited.
As required by section 251AA(2) of the Corporations Act 2011, the following information is provided in respect of each resolution and voted upon at the Annual General Meeting of Terramin Australia Limited (Company), held today at the Rendezvous Grand Hotel, 55 Waymouth Street Adelaide.
Terramin Managing Director, Nic Clift, today announced further progress on the Company’s strategic review with an initiative to unlock the value of the prospective Menninnie and Fleurieu exploration projects
Terramin Australia Limited (ASX:TZN) advises that the discussions with China Non-Ferrous Metal Industry’ s Foreign Engineering and Construction Co. Ltd (NFC) for the potential sale of Terramin’s interest in the Tala Hamza project are continuing.