Terramin Australia Limited (ASX: TZN) today announces the completion of a restructure of the Investec debt facility
Terramin Australia informs the public of the change in Company Secretary.
Terramin Australia released it 2010 Interim Financial Report.
Following an agreed six month review, the Board of Terramin Australia Ltd and CEO, Mr Greg Cochran have agreed that the current role of CEO, as contemplated by the Board, is not as envisaged by Mr Cochran.
Terramin Australia Limited (ASX: TZN) advises that it expects to record a loss of approximately $5.4 million to $5.9 million for the half year ended 30 June 2010.
Terramin Australia released its 2nd Quarter Report for 2010.
With the Tala Hamza definitive feasibility study nearing completion, WMZ has commenced regional exploration in the vicinity of the Ait Dali valley, near the proposed site for the Tala Hamza processing plant and Tailings Storage Facility (TSF), 3 km east of the Tala Hamza deposit.
Analytical results have been received for three holes (TH065, TH066 and TH067) drilled for geotechnical purposes within and at the southern margin of the deposit.
Terramin Australia (ASX Code: TZN) wishes to advise shareholders and the equity market of the significant progress that the Company has made with its Definitive Feasibility Study (DFS) on the large Tala Hamza zinc project in Algeria owned by Western Mediterranean Zinc Spa (WMZ).