CAPITAL MARKETS

TNG does a deal with the Chinese

NORTHERN Territory-focused TNG has agreed to sell its flagship Manbarrum zinc-lead-silver project to private Chinese company Teng Fei Mining for $US8.5 million ($A9.4 million).

Kristie Batten
TNG does a deal with the Chinese

The sale comes after TNG sold the iron ore rights to the project to the same Chinese company in November for $A1.4 million. Teng Fei will be required to pay TNG $US4.5 million within 30 days, with the...

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