Cyprium Metals advances Nifty development as copper shortage looms

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.

Article:
https://smallcaps.com.au/cyprium-metals-propelling-nifty-reopening-huge-copper-deficit-forecast/

For more information on Cyprium Metals:
https://smallcaps.com.au/stocks/CYM/

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