Terramin Australia Ltd plans to make investments in the Oued Amizour mine in Algeria, which was previously explored by the state owned mining company ORGM and Terramin acquired a 65% stake in the deposit back in February 2006 agreeing to spend $6.6 million on exploration. Oued Amizour is located at the port town of Bejaia about 270 kilometers east of Algiers.

Mr Kevin Moriarty executive chairman of Terramin said that developing the zinc deposit was timed to meet growing Indian and Chinese demand coinciding with a forecast fall in supply. He said that Tarramin hopes that this area will turn into a giant mine but a lot more needs to be done to assess the deposit.