Cyprium Metals Ltd
Cyprium Metals Limited is an Australia-based copper company.
The business
Cyprium Metals Limited is an Australia-based copper company. The Company’s flagship property is the Nifty Copper Complex in Western Australia, which produces copper from both oxide and sulfide resources. The Nifty Copper Mine is located on the western edge of the Great Sandy Desert in the north-eastern Pilbara region of Western Australia, approximately 350 kilometers (km) southeast of Port Hedland. Nifty has a mineral resource estimate of 1,038,000 tons of copper and a mineral inventory of 91,000 tons of copper in existing leach pads. The Company’s other assets include copper-focused properties in the Paterson Province, including multiple defined resources. The Paterson Exploration Project is located in the north-eastern Pilbara region of Western Australia. The 2,400-square kilometer (km2) land package is contiguous with much of the Nifty Copper Mine and Maroochydore Copper Project tenement boundaries. The Maroochydore deposit is located over 85 km southeast of Nifty.
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Latest news
Solstice Minerals enters rising copper market with strategic Nanadie project acquisition
Solstice Minerals (ASX: SLS) has made a strategic move into the high-flying copper market with the acquisition of the advanced Nanadie project in Western Australia. The company has entered into a binding agreement with Cyprium Metals (ASX: CYM) for 100% of the project, which comprises multiple granted licences covering 130 square kilometres south-east of Meekatharra […]
Cyprium Metals highlights $1.12b Nifty copper project valuation after turning down Appian Capital takeover offer
Copper mine developer Cyprium Metals (ASX: CYM) has rejected a takeover bid by Appian Capital Advisory on the grounds that it would not be in the best interests of shareholders. Appian made the non-binding indicative offer (NBIO) last week for a cash price of $0.035 per Cyprium share. The Cyprium board and legal adviser King […]
Market wrap: volatility the key in pre-election trading
A solid advance after a thumping fall on Thursday saw the Australian share market move back close to its record high but is a million miles away from where it was just a few days ago. As the US election race revs up onto a serious contest there has also been a rapid and market […]
Cyprium Metals partners with Glencore to revive Nifty copper project in WA
Cyprium Metals (ASX: CYM) has attracted one of the world’s largest globally-diversified natural resource companies to help resurrect its Nifty copper project. In a major breakthrough, Cyprium has entered into a commercial strategic partnership with Glencore International to accelerate the resumption of copper production at Nifty. The Nifty complex is located near Port Hedland in […]
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