Cyprium Metals advances Nifty development as copper shortage looms
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- Опубліковано 9 лют 2025
- Cyprium Metals (ASX: CYM) managing director Barry Cahill joins Small Caps to discuss the company’s copper assets including its plans to reopen the historic Nifty mine in Western Australia.
Located in the northeast Pilbara region, the mine has been estimated to hold a copper resource totalling 732,200 tonnes.
Cyprium’s development strategy for the mine involves open pit mining of the oxide ore, before turning to the sulphide ore. The oxide project has a production target of 25,000t per annum of copper cathode.
The company also owns the Maroochydore copper project, with a 486,000t copper resource, and the Murchison copper project including the Hollandaire deposit containing a 51,500t copper, 28,000-ounce gold and 500,000oz silver resource.
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Love the fact that Bazza is trying not to dilute shareholders. Can't wait for an announcement for completion of finance, then the fun will really begin.
I am a big fan of Barry and CYM. Thanks Kerry. As an Australian copper bull would love an interview with RXM., SFR, CVV, XAM or even NWC
HCH Hot Chili would have to be by far the best opportunity in the copper space atm.
A copper shortage? An everything bubble, then an everything shortage.