Terramin granted mining permit in Algeria
PERTH (miningweekly.com) – The Algerian mining regulator has issued ASX-listed Terramin Australia with the mining permit for its Tala Hamza zinc project, satisfying all the regulatory, financial and environmental requirements for the project.
The mining permit will allow for the processing of two-million tonnes a year of ore, instead of the 1.3-million tonnes a year anticipated in the 2018 definitive feasibility study (DFS), with Terramin expecting the project’s returns to be enhanced over the expected mine life of more than 20 years.
The mining permit encompasses all the areas of land required for operation of the mine including mining, processing, haul roads, ore stockpiles, tailings dams, concentrate handling and maintenance and administration.
“Terramin is exceptionally delighted to have received the mining permit for Tala Hamza. The mining permit is the most critical factor in any new project development and is the most important achievement towards project implementation,” said executive chairperson Bruce Sheng.
“Having this mining permit finalised and issued by the Algerian mining regulator has been an enormous accomplishment for the entire team at Terramin including our board, management and all staff who have been associated with this major world class project. I would like to personally thank all those involved.”
The 2018 DFS into Tala Hamza estimated that the project could recover 129 300 t/y of zinc concentrate and 26 000 t/y of lead concentrate over a mine life of 21 years.
At the time, it was estimated that the project would require a capital investment of A$449-million.
Comments
Research Reports
Projects
Latest Multimedia
Showroom
FlameBlock is a proudly South African company that engineers, manufactures and supplies fire intumescent and retardant products to the fire...
VISIT SHOWROOM
Rooted in the hearts of South Africans, combining technology and a quest for perfection to bring you a battery of peerless standing. Willard...
VISIT SHOWROOM
Press Office
Announcements
What's On
Subscribe to improve your user experience...
Option 1 (equivalent of R125 a month):
Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format
Option 2 (equivalent of R375 a month):
All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors
including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.
Already a subscriber?
Forgotten your password?
Receive weekly copy of Creamer Media's Engineering News & Mining Weekly magazine (print copy for those in South Africa and e-magazine for those outside of South Africa)
➕
Recieve daily email newsletters
➕
Access to full search results
➕
Access archive of magazine back copies
➕
Access to Projects in Progress
➕
Access to ONE Research Report of your choice in PDF format
RESEARCH CHANNEL AFRICA
R4500 (equivalent of R375 a month)
SUBSCRIBEAll benefits from Option 1
➕
Access to Creamer Media's Research Channel Africa for ALL Research Reports on various industrial and mining sectors, in PDF format, including on:
Electricity
➕
Water
➕
Energy Transition
➕
Hydrogen
➕
Roads, Rail and Ports
➕
Coal
➕
Gold
➕
Platinum
➕
Battery Metals
➕
etc.
Receive all benefits from Option 1 or Option 2 delivered to numerous people at your company
➕
Multiple User names and Passwords for simultaneous log-ins
➕
Intranet integration access to all in your organisation
