Cyprium Metals looks forward to Nifty copper mine restart, secures US$35m prepayment facility

Cyprium Metals (ASX: CYM) managing director Barry Cahill joins Small Caps to discuss the company’s progress to restart the Nifty copper mine in Western Australia.

The company is a step closer to the targeted A$240-260 million funding required to bring Nifty online after executing a US$35 million prepayment facility with Transmine SA.

Under the deal, Transmine will take all of the copper cathode produce during the mine’s first phase of operation, which is expected to exceed 140,000t.

Articles:
https://smallcaps.com.au/swiss-trading-house-pays-cyprium-metals-secure-copper-cathode-supply/
https://smallcaps.com.au/cyprium-metals-intercepts-copper-zinc-gold-nickel-drilling-cue-project/

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

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