Cyprium Metals (ASX: CYM)
Advised that CYM issued ordinary shares have been reinstated to official quotation and will resume trading upon market open today following the confirmation from ASX of the satisfaction of certain conditions for reinstatement to quotation.
The shares subsequently collpapsed from 10c to 4c as shareholders dumped their holdings in response to the deeply discounted placing. Continue reading
Cyprium Metals (ASX: CYM)
Advised that it has received confirmation from its shareholders at the SGM that its securities will be reinstated to quotation following the voluntary suspension of its securities on 23 February 2023. Continue reading
Cyprium Metals (ASX: CYM)
Advised it has secured an 18-month, A$21.0 million1 equivalent USD-denominated secured loan facility with Nebari Natural Resources Credit Fund II, LP. Continue reading
Mining Review 28th May 2023
Not much significant news this week, Karora Resources reported record production and Wesdome a new discovery, otherwise the week was quiet on the news front.
Gold fell after hawkish interest rate talk by the FED,but the lithuim price soared. Continue reading
Cyprium Metals (ASX: CYM)
Advised the following appointments to the management of the Company.
Cyprium has, with immediate effect, appointed two experienced industry executives, Clive Donner and Milan Jerkovic, to work with the current management team and board. Barry Cahill has resigned from the board. Continue reading
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
