Terramin Australia Limited (ASX:TZN) has a clear focus on growing a production pipeline of base and precious metal projects close to infrastructure and with low capital and operating costs. Consistent with this focus, the Group holds several highly prospective mineral deposits and exploration tenements across Algeria and South Australia.
Terramin Australia Limited (ASX: TZN) today reported further progress on its Algerian zinc project, with the granting of a mining permit and the commencement of an intensive drilling program.
Terramin Australia Limited (ASX: TZN) has called on the SA Government to promptly finalise all remaining approvals for the Angas Zinc Project after today announcing the completion of a feasibility study which gives the $63 million mine the financial green light.
Terramin Australia Ltd (ASX: TZN) - which is developing the Menninnie base metals project in joint venture with Zinifex Australia Limited - announced today that new drilling results had significantly enhanced the prospects of a large resource at the deposit.
New figures for Australia's next zinc mine - Terramin Australia Limited's (ASX: TZN) Angas project at Strathalbyn near Adelaide - reveal a zinc cash cost of US 18 cents per pound (after credits).
Macquarie Bank (ASX: MBL) has increased it holding in Terramin Resources (ASX: TZN) to 8.2% after a AU$1M share placement.
Development of the Angas Zinc Project can be funded with debt and metal offtake agreements rather than equity, Terramin Australia Limited (ASX: TZN) announced today.
The regulatory process that will apply to Terramin Australia Limited's (ASX: TZN) Angas Zinc Project, near Strathalbyn south of Adelaide has been affirmed.
