IF GRAPHS are to become believed, South Australia’s dominance of uranium supply by international province is ready to increase.Even when Australia’s ostrich-like, head-in-thesand politics carries on, the 2 mines that dominate respectively 150 yard mining wash plant in ghana hard-rock mining and in-situ leach (ISL) production are to the march.The world-class Olympic Dam mine is ready for expansion of its dominant hard-rock copper-uranium operation by WMC Methods Ltd C a shift not challenged by friendly-takeover 1500 t/h iron ore mining and beneficiation in india contender BHP Billiton C and US-owned Heathgate Means Pty Ltd is earning main discoveries that may see its Beverley mine continue to dominate ISL production (see p16).Australia’s future ‘cab off the rank’ in uranium output is anticipated to 20 ton per hour capacity ball mill for sale be another ISL task in SA, Honeymoon, owned by Torontobased Southern Cross Means Inc, seventy five km northwest of Broken Hill.This advanced task takes in 4 deposits C Honeymoon, East Kalkaroo, Goulds Dam and Billeroo C and facts on Intierra’s Minmet services exhibits that collectively these deposits hold ten,310 t of U308, with assets calculated during the upper and lower basal sands only.You will discover a host of explorers now searching for uranium in South Australia, as well as while in the outdated pleased searching grounds of Western Australia, the Northern Territory and Queensland’s central northwest, exactly where prospecting within the 1970s all of a sudden swept Australia from nowhere to keeping 26% of planet uranium reserves.But a succession of federal governments tiptoed within the issue, and uranium development turned hamstrung by the ‘three mines’ policy, adopted by a ‘no new mines’ plan (a Labor get together doctrine).This continue to leaves development of the mighty Jabiluka deposits while in the NT stymied C even with also containing about 1 Moz of gold.It truly is owned by Power Methods of Australia Ltd (now controlled by Rio Tinto), which operates the pioneering Ranger uranium mine

Arbitration clauses: exactly where does one start?

Our former post spelled out why arbitration clauses are so critical. This information appears within the issue of what your arbitration clause should really glimpse like.

Argentina eradicates 30-year tax stability

Argentina in late 2007 imposed a 10% export tax on existing mines violating the 30-year tax steadiness underneath which the country’s mining field finally started to prosper while in the nineties after sitting down on the sidelines for the majority of from the twentieth century

Australian diamond perseverance spending off

Australia is understood being a diamond producer with sizeable exploration activity, but delegates at the current Australian Diamond conference in Perth past 7 days, organised by Perth-based Louthean Media, had been addressed to shows in the comprehensive selection of businesses involved with the diamond marketplace, from grass-roots exploration to the advertising and marketing of polished stones

Argentina: over the up

Natural sources have aided to guide Argentina out of a few devastating a long time of deep economic downturn devaluation and default and have spawned a huge resurgence in mining investment

Timmins Gold Corp has uncovered details of the proposal to merge with Funds Gold Corp soon after staying rebuffed because of the company锟斤拷s management

Top executives go away Hochschild, interior replacements appointed< 120 ton per hour crushing plant sales /h4>

The chief govt and chief monetary officer at Hochschild Mining plc have stepped down following overseeing a report calendar year for production and profits

Trafigura declare’s Anvil stake non-core

Anvil M 1200tph sand washing plant,aggregate and sand screening washing plant germany crusher machine ining Ltd has recommended shareholders that Trafigura Beheer BV has resolved that its 39% (completely diluted) stake is 锟斤拷non-core锟斤拷 and shaped a special committee to overview its options

Tinkler ends Whitehaven present 150 tons per hour stone crusher

Nathan Tinkler has decided on never to commence with his present that valued Australian coal producer Whitehaven Coal Ltd at A$5.3 billion (US$5.five billion), bringing the probable buyout and listing withdrawal to some close

Toro raises funds for uranium project

TORO Electrical power Ltd designs to raise A$26 million (US$21 million) to progress its uranium projects in Australia. About a hundred thirty.2 million new shares (valued at A$0.20 each and every) will be supplied to shareholders over a one-for-3.8 foundation. Main shareholder OZ Minerals Ltd which retains 46% of Toro will consider up its total entitlement.

TRANSACTION COMPLETE

European Nickel plc has sent the final payment for its US$48 million acquisition of a 19.3% stake in Toledo Mining Corp and its 18.7% fascination during the Berong Nickel Corp.

Tough quarter for gold producers

THIS week marked the discharge of June quarter reviews from lots of the world锟斤拷s significant gold producers, plus the interval presented a testing operating natural environment for all anxious.Newmont Mining Corp, the world锟斤拷s largest producer, posted a 59% tumble in earnings when compared along with the June quarter of final 12 months, owing principally to two non-cash asset-impairment rates.The Denver-based business claimed internet profits of US$37.five million, together with a non-cash charge of US$47.8 million referring to a write-down of its Ovacik operation in Turkey (US$16.three million) and of its 4% shareholding in Kinross Gold Corp (US$31.five million).Quarterly income (including by-product income) jumped by 37%, to US$1 billion, as a 12% rise in the common obtained gold price tag, to US$395/oz, greater than offset a 10% slide in fairness gold income, to 1.64 Moz

Tinma purchases extra Rambler shares

Tinma International Ltd, a subsidiary of the China-based non-public enterprise, has agreed to get an additional ten.four million shares in Rambler Metals and Mining plc

Tough quarter for gold producers

THE world锟斤拷s two biggest gold producers, Newmont Mining Corp in the US and AngloGold Ashanti Ltd of South Africa, equally experienced a slide in internet income to the three months to September 30, 2005.Newmont posted a net revenue of US$126 million, down from US$129 million while in the September quarter of last year

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TONOPAH ROW SETTLED

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Trelawney raises C$50 million

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Trelawney ups Augen offer

Canadian gold junior Trelawney Mining and Exploration Inc has {raised
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Trials for SouthernEra

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Tsvangirai rejects indigenisation of mines

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UK COAL plc is finalising a two-year {investment
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The Auss italian marble and granite processing machines ie zinc com iron ore fines grinding in bangalore india pany Pasmin iron ore processing plant plan co Ltd has warned it will not go after its recently- introduced plan to dump its Hawaiian mining assets if that will mean selling these ‘below their fair market values’

Patagonia completion

Patagonia Rare metal plc, the Southerly American exploration exploration business, has finished the placing of 116.A few million brand new ordinary explains to you of 1p every single and a membership of 3.Five million new ordinary gives of 1p every.

Parys Mountain sale deal agreed

ANGLESEY Exploration plc has reached an agreement to trade its Parys Huge batch polymetallic project within north Wales in order to Perth-based Western Metals Ltd for A$29.1 million (US$26.Eight million).

Patagonia increases ’13m

Patagonia Gold plc provides raised ’13 million (US$20 million) to succeed exploration and development assignments in the Santa claus Cruz domain of Argentina

Pasminco wants Ernest Mom sale

Pasminco Ltd, the particular Australian-based zinc and also lead producer, has agreed to sell its 49% interest in your Ernest Henry copper-gold mine within Queensland in order to Aquila Resources Limited for A$145 million

Patagonia’s Nz U-turn

AIM-LISTED Patagonia Gold plc will quickly sell their wholly-owned subsidiary HPD Nz Ltd (HPDNZ) in order to TSX Venture-listed Glass Planet Ltd, paying attention to a volte-face via recent strategies indicated by Patagonia to be able to inject much more of its has funds into the New Zealand qualities.In thought for HPDNZ, Wellington-based Cup Earth may issue Patagonia using 12.Several million brand-new common shares and Half a dozen.3 zillion warrants to acquire additional Wine glass Earth explains to you at a hit price of C$0.25/share for two main years

Pasminco higher however, not happy

Amidst surging revenue and elevated dividends via most prospecting companies (pushed by increased commodity prices generally backed up by the benefits of cost-cutting whenever prices were down), the particular financial is caused by Pasminco Ltd associated with Australia for the year to June Thirty, 2000 arranged a somewhat subdued note

Patriot Coal data files for Section 11

Patriot Coal Corp features filed for Section 11 personal bankruptcy protection underneath US legislation, making it the actual sixth-largest US bankruptcy filing this season, with probable knock-on effects for other People coal producers

Pasminco hit by non-operating charges

The Australian-based zinc producer Pasminco Ltd made a world wide web loss of A$37.Three million inside the six months to December Thirty one, 2000, weighed against a profit regarding A$0.3 zillion in the corresponding period throughout 1999

Pasminco in administration

Trading throughout shares in the Australian zinc oxide producer Pasminco Ltd was suspended from this Thursday night (September 20) after the company appointed a new voluntary manager on Wednesday

OM Holdings Ltd (OMH) has dropped options to seek a Hong Kong listing, and says it might split the company’s mining and smelting businesses.

Ocean Means reassesses strategy

DESPITE being among last year’s worst performers during the mining sector of London’s Different Expense Current market, Ocean Assets Cash Holdings p britador de pedrisco quartzo lc is optimistic a few brighter 2004 immediately after rethinking its investment decision approach.Talking to Mining Journal in London this week, David Hutchins, main government on the London-based expenditure organization, mentioned he envisages Ocean creating right into a ‘mini mining-finance house’, sharing lots of the features of a priv britador de mandíbula usado para a venda ate-equity company but having a sole aim within the junior conclude from the sector.Ocean listed very last February with the intention of investing in exploration businesses that needed funds for making the transition to mining

OMH to obtain back again shares

OM Holdings Ltd (OMH) the corporation which this thirty day peri britador de mandibulas pe 750 x 1060 od postponed strategies to get a Hong Kong Inventory Trade listing owing to unfavourable current market situations options to get again 24 million shares or 5% of its equity.

Ofex launches new trading forum

FROM next month, mining providers detailed in Australia, New Zealand and Canada is going to be in a position to get their shares traded in London with only forty eight hrs prior detect and for an first price of just £five,000.The Ofex marketplace, a share-trading platform for the securities of unlisted and unquoted organizations, is launching the International Sector Service (IMS) as a quicker route to UK fairness markets for organizations already meeting the listing requirements of another stock exchange.For corporations using IMS, there are no further admission requirements to trading

OMH to wait out current market volatility before listing

POOR current market disorders have led OM Holdings Ltd (OMH) to postpone its listing to the Hong Kong Stock Trade inspite of the manganese mining corporation getting ‘well advanced’ with all the listing process.

Oil prices not a problem for BHP

The financial results of numerous mining businesses
in recent months have reflected the
adverse effect on costs of higher prices for
diesel fuel used by trucks loaders and other
vehicles and by on-site electricity generators.

Oil-sands project financial investment delayed

A FINAL investment decision over the Fort Hills oil-sands mining and upgrading project has been delayed until 2009. The Fort Hills Energy partnership, made up of Petro-Canada (60%), UTS Energy Corp (20%) and Teck Cominco Ltd (20%), explained the investment decision had been deferred until a cost estimate consistent with all the current market place environment can be established.

On again: Resourcehouse’s on-off Hong Kong listing

The initial public offering (IPO) of Clive Palmer’s Resourcehouse Ltd took another step forward on Monday when the business released its prospectus for the US$3.6 billion Hong Kong raising.

Australi industria que hace la calcita en venezuela a锟斤拷s propo en que consiste la media luna en gimnasia wikipedia sed mining cuantos m3 tiene una tonelada de cal and carbon taxes are actually criticised through the Institute of General public Affairs (IPA) in excess of fears China锟斤拷s economic system will decline

Indophil suspends shares on reports of open-pit mining ban

Indophil Sources NL has suspended trade in its shares in Australia pursuing studies of the probable ban on open-pit mining from the location from the Philippines wherever the company锟斤拷s part-owned US$5 billion Tampakan copper-gold mine is staying developed

Inmet issue

Inmet Mining Corp announced the pricing and elevated the amount of the forthcoming bond situation to fund the company锟斤拷s Cobre Panama copper-gold job, boosting its complete total from US$1 billion to US$1.five billion.

Industry consolidation signalled by Xstrata-Glencore

The global mining market is dealing with a whole new spherical of corporate amalgamation subsequent confirmation that Glencore Worldwide plc and Xstrata plc are in talks regarding a probable US$80 billion 锟斤拷merger of equals锟斤拷

Inmet Mining gains ground

IN ITS year-end monetary report, Inmet Mining Corp has claimed a obtain of C$109.six million from its thriving Troilus litigation previous year.The Toronto-based organization was awarded C$88.two million and costs (which includes a cross-appeal for pre-judgement interest) at the end of past calendar year (MJ, November 28, 2003, p15) once the British Columbia Court docket of Charm affirmed a BC Supreme Court judgement from Homestake Canada Inc.This adopted the latter company锟斤拷s failure to accomplish the acquisition in the Troilus mine

Insurance premiums drop inspite of catastrophes

Insurance fees from the mining market fell in 2010 irrespective of an increase in pure catastrophes

INMET Financial gain FALLS

Inmet Mining Corp this week explained fourth-quarter revenue fell 35% as being the Canadian copper zinc and gold miner was damage by a stronger domestic forex. The corporate gained C$63.six million (US$63 million) or C$1.32 per share in last three months of 2007 down from C$97.four million or C$2.02 a share a calendar year previously.

Insurance costs slide regardless of catastrophes

Insurance charges inside the mining market fell in 2010 despite a rise in all-natural catastrophes, according world-wide insurance broker Willis Team Holdings plc.

Integra repays debt

Integra Mining Ltd has efficiently elevated A$40 million to repay credit card debt and fund near-term progress opportunities

Integra announces Randalls hedge

Integra Mining Ltd has announced ahead revenue of ninety one,952oz of gold, covering two yrs of early output at its Randalls gold challenge southeast of Kalgoorlie in Western Australia.

Inter-Citic rejects takeover proposal

Canadian-listed Inter-Citic Minerals Inc has turned down a takeover bid from the 锟斤拷large Chinese company锟斤拷 saying it undervalued the business

Investors锟斤拷 central Asian tastes shifting

LONDON-BASED Avocet Mining plc has switched its working focus from Tajikistan to southeast Asia, promoting its 75% stake in the former Soviet republic锟斤拷s most significant gold mine to one of China锟斤拷s premier gold businesses, Zijin Mining Group, for US$55.one million

HARMONY Gold Mining Co Ltd reported it has previously obtained approaches to obtain its eleven.5% shareholding in South African 3 stage stone crushing 200 tph plant rival Gold Fields Ltd subsequent the collapse final 7 days of Harmony’s long-running hostile takeover endeavor (MJ, Could 27, p15 3 stamp gold grinding mill in china ).A spokesman for Harmony explained one of your ways arrived from Gold Fields’ 20.3% shareholder, MMC Norilsk Nickel, even though 3 stamp gold mill for sale in zimbabwe the latter denies the claim.Brenton Saunders, Harmony’s investor- relations director, explained one particular of two enquiries received came from Norilsk, including that no solution has yet been made by Gold Fields itself

Harmony posts biggest reduction for two years

HARMONY Gold Mining Co has posted a R653 million (US$91 million) C or R1.33/ share C web reduction for the June quarter the Johannesburg-based company’s major reduction in two many years.

HARMONY CLEARS DEBT

Harmony Gold Mining Co has repaid its R1.seven billion (US$210 million) convertible bond and it is now credit card debt free.

Harmony will get Pamodzi Free Condition assets

HARMONY Gold Mining Co has long been declared the preferential bidder for Pamodzi Gold Ltd’s Absolutely free Condition property, potentially adding as much as 2.5Moz of gold reserves to Harmony’s textbooks.

Harmony posts losses with sale of Gold Fields stake, impairment costs

HARMONY Gold Mining Co Ltd suffered a web loss of R245 million (US$31.26 million) with the yr finished June 2008 from a web financial gain of R382 million within the past twelve months.

Harmony Gold closes in on Avgold

SOUTH Africa’s Competition Tribunal has given the go-ahead for Harmony Gold Mining Co Ltd, Anglovaal Mining Ltd (Avmin) and African Rainbows Minerals & Exploration Investments Ltd (ARM) to proceed with the series of previously announced transactions.The transactions will result in Harmony acquiring all of Avmin’s shares in Avgold Ltd, and ARM taking effective control of Avmin (MJ, November 14, 2003, p399).This Thursday Avmin’s shareholders voted in favour of Harmony’s proposed acquisition of Avmin’s 42.1% interest in Avgold

Harmony profits drop

Harmony Gold Mining Company Ltd says increased labour and electricity fees have contributed to a 26% cut in cash operating profit to R552 million (US$72 million) while in the September quarter against the prior three months

HARMONY CLOSES HEDGE

South Africa’s Harmony Gold Mining Co has closed out the remaining 230,000 oz of its Australian gold hedge book at a cost of A$75.8 million

Harmony grabs Pamodzi Totally free State

Just a 7 days after halting plans to order the No cost State mines in South Africa from Pamodzi Gold Ltd, Harmony Gold Mining Co Ltd has announced that all acquisition agreements have now been signed

Harmony reduces suffering

HARMONY Gold Mining Co Ltd endured a drop in web revenue to R164 million (US$22 million) while in the March quarter compared with R315 million (US$41 million) while in the same period of 2007.

Harmony completes Free of charge State purchase

Harmony Gold Mining Company Ltd has completed the acquisition of the Pamodzi Gold Totally free State assets

Toronto-based junior miner Aberdeen Global Inc strategies a private placement of as many as C$50 million (US$45.5 million) to fund its transform to an financial commitment and service provider banking corporation specializing in early-stage exploration companies

Adastra rejects Very first Quantum approach

THE administrators of Toronto and AIM-listed Adastra Minerals Inc feel a C$189 million hostile takeover offer you from Initial Quantum

Minerals Ltd is too small.Adastra has formed a special committee to review the offer much more completely, but stated its original perspective is that the bid ‘significantly undervalues the company’.It expects to put up its official suggestion to shareholders within fifteen days of receipt of the formal offer you from Very first Quantum

Adastra rejects revised First Quantum offer

THE board of Toronto and AIM-listed Adastra Minerals Inc has e

ncouraged that its shareholders reject a heightened takeover supply for that business from Initial Quantum Minerals Ltd.Last week, 1st Quantum elevated its hostile bid by 19%, to C$225 million, and additional a income substitute to your formerly all-scrip offer (MJ, March 24, p1)

Adastra strikes deal with Mitsubishi at Kolwezi

TORONTO and AIM-listed Adastra Minerals Inc has agreed to promote a minority stake in its Kolwezi cobalt-copper tail

ings venture from the Democratic Republic of Congo to Japanese industrial conglomerate Mitsubishi Corp, as Adastra seeks to fend off a hostile bid from Initially Quantum Minerals Ltd.Topic to because of diligence and negotiation of a definitive arrangement, Mitsubishi will obtain a fourteen.9% fascination in Kolwezi in return for building a US$37.five million money payment to Adastra.Mitsubishi can even give US$12.five million in shareholder loans on Adastra’s behalf, and may give completion ensures for the project’s personal debt financiers.Adastra stated the terms with the proposed transaction show the company is really worth more than the C$189 million implied by To start with Quantum’s all-share bid (MJ, January 20, p1).Even so, Tim Browse, Adastra’s main executive, advised Mining Journal the negotiations with Mitsubishi predate the method from Very first Quantum.Adastra’s board on Friday formally advised its shareholders to reject Very first Quantum’s provide, describing the bid as ‘inadequate’ and ‘opportunistic’

Administrators termed to Lafayette

THE Rapu Rapu open-pit copper and zinc mine could possibly be marketed right after its operator Australia’s Lafayette Mining Ltd entered voluntary administration inside a bid to fend off individual bankruptcy.

Afferro finalises sale

Afferro Mining Inc and Severstal verified the deadline of a offer to market its 38.5% fascination in Severstal Liberia Iron Ore Ltd to Lybica Holding BV as April four, delayed because of to on-going tax discussions with the Republic of Liberia’s Ministry of Finance

ADR providing by Sterlite

INDIA’S major non-ferrous metals and mining business is always to increase almost US$2 billion that can help fi nance building of a new energy plant for its aluminium production facilities

THEY say they’ve got no electrical power struggles at Rio Tinto.The group’s ‘management by consensus’ fashion doesn’t make it possible for intense egomaniacs to claw their strategy to the top.Nonetheless, there are moments when thwarted ambitions have brought about departures

Putting out the fires

Rob However, like a number of other South Africans presently of 12 months, has packed up, still left his desk and is also on vacation right until January 5. When he returns to his office in Randburg it’s going to be to the bulging in-tray.

Quadra’s grand tour

Paul Blythe, chief executive of Quadra Mining Ltd, features a lot of detailing to do; so he has long been touring Europe to fu concasseur pour poteaux beton lfill investors and shareholders. For Quadra produced not a person, but two significant bulletins in March C revealing discounts that, if finished, will renovate the Toronto-listed, base-metals producer.

Queen of diamonds

In this week’s Fifth Column, Ken Gooding asks what’s Eira Thomas intending to do following, now she has still left Stornoway Diamond Corp, an organization she co-founded at the conclusion of the nineteen nineties?

Prodigal son

RICK Menell is at this time linked to two IPOs (first public choices) going down countless numbers of miles aside C 1 in Toronto, one other in London.Teal Exploration & Mining, where he is chief govt, hopes to list on Canada’s premier concentrado de mineral de hierro maquinaria stock exchange soon (MJ, September 30, p15)

RAB Capital main donates to charity

JUNIOR exploration and mining companies wanting to raise money in London will almost inevitably knock on the door of RAB Capital, the hedge fund management company

Rare-earths enthusiast

Mark Smith is describing why, when he wakes up every morning, he just can’t wait to get on with his work as chief government of Molycorp Minerals LLC. He says: ‘I’m not doing it for the money. It’s for my children. And for other people’s children.’

Promotional blackmail

THERE’S considerable speculation about the sudden resignation last week of Keith Rumble as chief govt of Impala Platinum (MJ, July 7 concrete block rubble processing , p28)

Rebel with a cause

FRANCIS Ona, who has died aged 52 after a short illness, started out rather humbly as a surveyor and truck driver but eventually remaining an indelible mark on international copper mining

Renaissance man

RANDALL Oliphant was only 39 in 1999 when he was appointed president and main government of Barrick Gold , just one with the world’s biggest groups of its kind

Rendering unto

Consolidated Minerals Ltd (CML) goes to some lengths to explain why former managing director Michael Kiernan was given a termination payment of A$3.4 million when he remaining the enterprise in June this year.
The directors obviously have in mind that Mr Kiernan almost certainly quit CML partly because he was angered by criticism by some institutional shareholders of his new proposed pay package (MJ, October 29, 2005, p21).
In the company’s latest annual report, the directors point out that Mr Kiernan was largely responsible for the development of CML ‘and led it from a market capitalisation of A$20 million through for the company’s current market capitalisation of over A$400 million’

The latest resource estimate for Geologix Exploration Inc’s Tepal gold-copper-silver project in Michoac’n, Mexico, has raised tonnage within the combined measured and indicated (M&I) categories by 324%

Ten-fold reserve boost at N 200 tph puzzolana stone crusher gezi

Zimbabwe Platinum Mines Ltd (Zimplats) reports that trial underground mining at the Ngezi project in Zimbabwe has confirmed that the deposit is amenable to mechanised room-and-pillar mining.This, coupled with favourable economi 200 tph stone crushing plant for sale in india c studies, has resulted in the conversion of attributable resources containing an estimated 31 Moz of contained platinum, palladium, gold and rhodium (PGM+Au) to reserves.This represents a ten-fold increase over the previous attributable res 20 ton ball mill for sale erve estimate which contained 3.2 Moz of PGM+Au

Teck joins Hampton Hill at Griffins Find

Hampton Hill Mining NL (HHM) has entered into an exploration joint venture with Teck Cominco Ltd concerning HHM’s Griffins Find gold property in Western Australia

Tengrela continues

Perseus Mining Ltd’s continuing infill drilling programme at the Sissingue deposit, part of the Tengrela gold project in the Ivory Coast, has intersected additional high-grade mineralisation

Teck leaves Konya, Stratex continues drilling

Stratex International plc was assessing data from exploration at properties within its Konya regional project in Turkey this week, after joint-venture partner Teck Cominco Ltd decided not to continue earning a 51% interest.

TENGRELA INTERCEPTS

Perseus Mining Ltd has followed up rotary air-blast drilling (RAB) at the Sissingue prospect at its 80%-owned Tengrela gold property in the Ivory Coast with reverse-circulation drilling (RC).

SBM launches mining parts website

SBM Corporation has launched an internet site, www.SBMminingparts.com, to enable customers to gain access to surplus and discontinued SBM Mining parts

Tenke Fungurume approaching completion

Freeport McMoRan Copper & Gold Ltd and Lundin Mining Corp, partners in the Tenke Fungurume copper project in the Democratic Republic of the Congo (DRC), expect commissioning at the major development to begin shortly.

Terramin’s new Angas reserve

TERRAMIN Australia Ltd has estimated a new reserve at its Angas zinc project in South Australia (MJ, August 12, p10).The new estimate in the probable category is 2.2 Mt at an average grade of 8.3% Zn, 3.1% Pb, 0.3% Cu, 33 g/t Ag and 0.5 g/t Au

Terramin updates resources estimate

TERRAMIN Australia Ltd has announced an updated resource estimate for its Tala Hamza zinc project in Algeria.

Terramin’s Tala Hamza viable ‘even now’

Terramin Australia Ltd’s Tala Hamza zinc-lead project, part of its Oued Amizour property in Algeria, would be economically viable even at current metals prices, according to a prefeasibility study.

Terramin wins Oued Amizour agreement

TERRAMIN Australia Ltd says it has won an open tender held by the Algerian Government for the Oued Amizour zinc deposit, representing the company’s first foray outside Australia.Under the terms of the tender agreement, Terramin will take a 65% interest in a newly-formed Algerian joint-venture company that is to hold the project