An announcement from Terramin Australia Limited ( (AU:TZN) ) is now available.
Terramin Australia Limited’s March 2025 quarterly report highlights significant progress across its key projects. The Tala Hamza Zinc Project in Algeria saw the commencement of geotechnical drilling, a critical step in developing one of the world’s largest undeveloped zinc and lead deposits. Infrastructure improvements have been made to facilitate construction, following a substantial EPC contract signed with Sinosteel. Meanwhile, the Bird in Hand Gold Project is undergoing an appeal process after a refusal of mining approvals, and the Kapunda Copper Project is awaiting final government approval for in-situ recovery testing. The South Gawler Ranges Project completed a diamond drillhole, with assays pending. Corporate developments include a new board appointment and an upcoming AGM, with the company’s financial position showing a cash balance of $0.65 million.
More about Terramin Australia Limited
Terramin Australia Limited is a company involved in the mining industry, focusing on zinc, lead, gold, and copper projects. Its primary market focus includes the Tala Hamza Zinc Project in Algeria, the Bird in Hand Gold Project, the Kapunda In Situ Copper Recovery Project, and the South Gawler Ranges Project.
YTD Price Performance: -14.44%
Average Trading Volume: 240,275
Technical Sentiment Signal: Sell
Current Market Cap: A$163M
For detailed information about TZN stock, go to TipRanks’ Stock Analysis page.