Cyprium Metals (ASX: CYM)
Provided the following update in relation to its funding requirements and the commencement of a strategic review.
Cyprium has entered into a Secured Loan Deed for $6 million, and is undertaking a full strategic review of all assets. Continue reading
Features the new hot metal so far in 2023, up over 100% in two months, plus comments on Cyprium Metals, i-80 Gold, Japan Gold, Karora Resources, and Orla Mining.. Continue reading
Cyprium Metals (ASX: CYM)
Provided the following update on the financing of the Nifty Copper Project Restart.
The terms proposed for the USD denominated senior secured bond were revised and deemed not commercially satisfactory to the Company. The shares are suspended at the request of the company. Continue reading
Cyprium Metals (ASX: CYM)
Announced that it has signed an exclusive Term Sheet with Transamine SA for US$35 million in respect of a Copper Cathode Offtake Secured Prepayment Facility.
This Offtake Prepayment Facility is part of the targeted AU$240 million to AU$260 million debt funding package to finance the restart of the Nifty Copper Project in WA. Continue reading
City Investors Circle Centenary Market Review for the 30th November 2022 has been published.
The review highlighted Cyprium Metals, and featured comments on American Creek, Cabral Gold, i-80 Gold, Neometals, and Wesdome Gold. Continue reading
Mining Review 20th November 2022
Gold and silver had another poor week on the back of the US Administration and FED spokespeople continually advocating more rate rises for longer in response to market rumours that the pivot could be imminent.
Cyprium, i-80 Gold, Neometals, and O3 Mining all reported news this week. Continue reading
Cyprium Metals (ASX: CYM)
Reported assay results from the April / May 2022 Reverse Circulation drilling campaign which was completed at the Cue Copper Project, Western Australia.
The 26 RC drill hole programme tested targets on seven Cue exploration licences for a total of 3,441 metres. Continue reading
Mining Review 23rd October 2023
US rate hike anticipation suppresses gold, and Chinese covid lockdowns subdue base metal prices.
Comments on Cabral Gold, Cartier Resources, Cyprium Metals, i-80 Gold, Neometals, and Silver Tiger Metals. Continue reading
Cyprium Metals (ASX: CYM)
Reported assay results from the April / May 2022 reverse circulation drilling campaign which was completed at the Nanadie Well Project.
RC drilling at the Nanadie Well Project has identified broad anomalous zones copper–nickel-PGE mineralisation 1.6 kilometres north of the Nanadie Well resource. Continue reading
Mining Review 23rd October 2022
A better week for gold and silver, and their associated ETFs, but industrial metals were mostly static. Lithium reached a new all time high in China.
Ascot Resources, Cyprium Metals, Eloro Resources, Nouveau Monde, Radisson Mining and Wesdome all reported news this week. Continue reading
Cyprium Metals Limited (ASX: CYM)
Provided an update on the status of the refurbishment of the Nifty Copper Project whilst the Company is progressing the finance process for the restart of the operation. Continue reading
Mining Review Sunday Update 22nd Oct.
Another roller coaster week on the markets ends with a little boost for the price of gold and some mining stocks rising a little at the end of the week. Is this a dead cat bounce? We shall soon find out.
Cyprium Metals published a disappointing news update, but positive announcements were made by Calidus Resources, Rokmaster Resources, and Silver Tiger Metals. Continue reading
Cyprium Metals (ASX: CYM)
Has continued to progress the refurbishment of the project whilst the Company is conducting a finance process for the restart the operation.
The company has now decided to make surplus employees redundant until the financing is completed. Continue reading
Cyprium Metals (ASX: CYM)
Published an updated corporate presentation for the recent Noosa Mining Conference in Queensland, Australia.
CYM are finalising financing for their Nifty copper mine restart due in 2023, and the report uses recent metal prices in its assumptions. Continue reading
Cyprium Metals Limited (ASX: CYM)
Announced the Company’s maiden Mineral Resource Estimate for the Nanadie Well deposit to a JORC 2012 standard.
The Nanadie Well Copper-Gold Mineral Resource Estimate forms part of Cyprium’s broader Murchison Copper-Gold Project. Continue reading
Cyprium Metals Limited (ASX: CYM)
Announced a capital raising via a placement and a pro rata non‐renounceable rights issue to raise up to approximately $26 million before costs.
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The Company has received firm commitments in respect of a placement to issue approximately 139.1 million new shares at 11.5 cents each. […] Continue reading
Cyprium Metals (ASX: CYM)
Announced that it has entered into an exclusive Letter of Intent with Glencore for AUD$50 million in respect of a Copper Cathode Offtake Secured Prepayment Facility which will be used for funding the Nifty Copper, as part of the debt financing for the restart of the Nifty Copper Project, which includes capital expenditure, contingencies, working capital, and financing costs. […] Continue reading
Mining Review Sunday Update 22nd May 2022
Gold and silver recovered somewhat this week, as did some of the base metals, but are still well down on a month ago.
Companies in the news this week included Argosy Minerals, Banyan Gold, Calidus Resources, Cyprium Metals, and Karora Resources. Continue reading
Cyprium Metals (ASX: CYM)
Announced a 28.4% increase in its Nifty Copper Mine’s Measured Resource Estimate to 940,200 tonnes of contained metals.
The Nifty Copper Mine is located in north-eastern Pilbara region of Western Australia, approximately 330km southeast of Port Hedland. […] Continue reading
Cyprium Metals Limited (ASX: CYM)
Announced the receipt of assay results from the final 11 RC holes (for 3,356m) at Nifty West.
The drilling programme targeted lightly drilled areas up-plunge of the former underground mine in the keel area of the Nifty syncline below the western end of the Nifty open pit. Continue reading
