Terramin Australia has released the results of the EGM.
Angas fully commissioned and Cash Flow positive
Terramin Australia Limited (ASX:TZN) today announced that cash flow and production are on track for the March 2009 quarter, with the commissioning phase at the Angas Zinc Mine now complete.
Tala Hamza capital requirements and finance update
The pre-feasibility study for Terramin’s Algerian zinc project is almost complete and capital costs for a Tala Hamza mine have been reduced by at least 20% through savings on infrastructure costs due to its favourable location close to port, town, water and power supplies.