Following enquiries from a number of shareholders about the current status of the Tala Hamza project in Algeria, and concerns about the share price, Terramin Australia Ltd (TZN:ASX) is issuing this update to inform all shareholders.
First Tranche of A$50 million to Fund Growth
Terramin Australia Limited (ASX:TZN) is pleased to announce it has received the first A$6.2 million tranche of funding under the terms of the A$50 million subscription agreement between China Non-Ferrous Metals Industry’s Foreign Engineering & Construction Co., Ltd (NFC). 10,000,000 shares have been issued to NFC at A$0.62 a share […]
A$18m silver and gold sale to boost Angas revenues
Terramin Australia Limited (ASX:TZN) has completed a forward sale of 325,000 ounces of silver and 4,750 ounces of gold, comprising 50% of forecast production for two years.
Resource doubles at Menninnie Dam
Consistent with the company’s strategy of growing its production pipeline through focused exploration, Terramin Australia Ltd (Terramin) is pleased to announce that as part of its ongoing Scoping Study of the Menninnie Central deposit, it has completed a revised resource estimate, approximately doubling the tonnage and increasing contained metal by […]
Tala Hamza 2011 Update 2
This week, Terramin’s Tala Hamza project manager led a contingent of Terramin engineers and geologists to Algeria for a workshop with nine representatives of the government and its external consultants.
Angas Sunter Shoot Update 3
Terramin Australia Ltd (TZN:ASX) today announced that drilling on the newly discovered Sunter shoot at Angas has been very encouraging. Two holes have now been added to the program to test the shoot at deeper levels.
Tala Hamza Status
Terramin Australia Ltd (ASX:TZN) wishes to advise that the recent political and social events in North Africa have had no effect on the operations of Western Mediterranean Zinc (WMZ).
4th Quarter Report 2010
Terramin Australia released its 4th Quarter Report for 2010.
Full Year Profit Guidance
Terramin Australia Limited (ASX: TZN) advises that its Angas Zinc Mine is expected to record full year earnings before interest, tax and depreciation (EBITDA) of approximately of $17 million, an increase of 65% compared to the $10.3 million recorded in 2009.
High Grade Mineralisation in new Sunter Shoot at Angas
Terramin Australia Ltd (ASX:TZN) is pleased to announce that a follow up diamond drill hole has confirmed the presence of a new zone of mineralisation (Sunter Shoot) on the Angas Mining Lease.