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Chinese buy time on Tala Hamza sale

THE timeline on the sale of Terramin Australia’s interest in the $US579 million ($A574 million) Tala Hamza zinc and lead project in Algeria has again been pushed out after the potential buyer, which is also Terramin’s largest shareholder, advised it wanted to complete technical and corporate due diligence.

MiningNews.Net
Chinese buy time on Tala Hamza sale

The company said it was advised by China Non-Ferrous Metal Industry’s Foreign Engineering and Construction Co, which holds a 17.9% stake in the group, that the process could take a matter of months. ...

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