Adelaide, Aug 9, 2006 AEST (ABN Newswire) - Terramin (ASX: TZN) is pleased to inform shareholders that it has appointed Mr Martin Janes as Chief Financial Officer effective Monday 7th August.
Mr Janes has over 20 years experience in the finance sector of the resources and banking industries. This includes 14 years at Normandy Mining Limited (now Newmont Australia Limited) where he was responsible for managing the commodity and foreign exchange hedging activities and debt funding requirements. He has extensive experience in many facets of mining finance including project finance, corporate finance, leasing and capital markets issuance.
He has a strong understanding of accounting, taxation and legal principals. He more recently held a senior strategic development role at Adelaide Bank Limited. He is an economist and is a fellow of the Australian Institute of Company Directors and the Finance and Treasury Association.
About Terramin Australia Limited
Terramin Australia Limited (ASX:TZN) has a clear focus on growing a production pipeline of base and precious metal projects close to infrastructure and with low capital and operating costs. Consistent with this focus, the Group holds several highly prospective mineral deposits and exploration tenements across Algeria and South Australia.
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