Algerian banks offer Terramin support
Zinc miner Terramin is expected to announce later on Thursday that it is close to finalising funding to bring its large Oued Amizour project in Algeria into production.
Zinc miner Terramin Australia is expected to announce later on Thursday that it is close to finalising funding to bring its large Oued Amizour project in Algeria into production.
Several Algerian banks are understood to have submitted indicative proposals to provide debt facilities for 70 per cent of the project’s estimated $US266 million ($296 million) capital cost.
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