Following an unusual number of queries from shareholders following the latest Tala Hamza update, Terramin Australia Ltd (ASX:TZN) considers it necessary to present some more details arising from a recent meeting with Terramin’s Algerian colleagues.
Market Update
Further to the market update of 16 August 2011, Terramin Australia Limited (ASX: TZN) advises that remedial work on the high voltage switch room of the SAG mill is now underway.
Tala Hamza Update – Amended
The following announcement is re-issued due to a word missing in the last paragraph of the previous version.
Tala Hamza Update
At the request of Terramin Australia Ltd’s Managing Director, Dr Kevin Moriarty, the Algerian Ministry of Mines and Energy recently convened a meeting of the partners to discuss the status of the Tala Hamza project review
Market Update
Terramin Australia Limited (ASX: TZN) announces that on Monday 15 August 2011 an electrical incident occurred in the high voltage switch room of the SAG mill.
First Half Profit Guidance
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 2011 of approximately $6 million. This result was generated from revenues of $26 million, compared to $27.5 million recorded for the […]
NFC backs Terramin with placement under A$50m facility
Terramin Australia Limited (ASX:TZN) is pleased to announce the placement of 12,300,000 shares to China Non-Ferrous Metal Industry’s Foreign Engineering and Construction Company Ltd (NFC). The placement price will be $0.37 cents per share which is approximately a 30% premium to Terramin’s recent 15 day volume weighted average share price […]
2nd Quarter Report 2011
Terramin Australia released it 2nd Quarter Report for 2011.
Terramin grows Menninnie Project
Terramin Australia Ltd (ASX:TZN) announces that a wholly owned subsidiary of Terramin (Menninnie Metals Pty Ltd), has concluded a transaction that will see it own 100% of a prospective group of tenements along trend from the Menninnie Dam lead-zinc deposits.
Tala Hamza Update 8
Terramin Australia Ltd (ASX:TZN) advises that, according to its Algerian government owned partner, the Tala Hamza review will be completed and transmitted to Terramin “in a week to ten days” following receipt of its external consultant’s report.