CYM
Director Trades
| Date | Director | Value |
|---|---|---|
| G. Comb | $16,979 | |
| Gary Ernest Comb | $30,067 | |
| Gary Ernest Comb | $140,000 | |
| J Matthew Fifield | $200,000 |
Company News
Solstice Minerals enters rising copper market with strategic Nanadie project acquisition
Solstice Minerals (ASX: SLS) has made a strategic move into the high-flying copper market with the acquisition of the advanced Nanadie project in Western Australia. The company has entered into a binding agreement with Cyprium Metals (ASX: CYM) for 100% of the project, which comprises multiple granted licences covering 130 square kilometres south-east of Meekatharra […]
Cyprium Metals highlights $1.12b Nifty copper project valuation after turning down Appian Capital takeover offer
Copper mine developer Cyprium Metals (ASX: CYM) has rejected a takeover bid by Appian Capital Advisory on the grounds that it would not be in the best interests of shareholders. Appian made the non-binding indicative offer (NBIO) last week for a cash price of $0.035 per Cyprium share. The Cyprium board and legal adviser King […]
Market wrap: volatility the key in pre-election trading
A solid advance after a thumping fall on Thursday saw the Australian share market move back close to its record high but is a million miles away from where it was just a few days ago. As the US election race revs up onto a serious contest there has also been a rapid and market […]
Cyprium Metals partners with Glencore to revive Nifty copper project in WA
Cyprium Metals (ASX: CYM) has attracted one of the world’s largest globally-diversified natural resource companies to help resurrect its Nifty copper project. In a major breakthrough, Cyprium has entered into a commercial strategic partnership with Glencore International to accelerate the resumption of copper production at Nifty. The Nifty complex is located near Port Hedland in […]
Cyprium Metals’ scoping study confirms viability of Nifty copper mine restart
A scoping study for the restart of the Nifty copper project in Western Australia has demonstrated the economic viability of a large surface mine with an annual production of 36,000 tonnes of contained copper-in-concentrate for owner Cyprium Metals (ASX: CYM). The study was based on an updated measured and indicated mineral resource estimate published in […]
Small cap copper explorers with big potential
Takeovers at the top end of the copper resources sector have thinned opportunities for investors seeking exposure to a red-hot energy transition metal, but that simply means do what the big miners do when producing assets dry up – buy explorers. BHP (ASX: BHP) buying OZ Minerals (ASX: OZL), followed by Glencore’s attempt to acquire […]
Cyprium Metals raises $35m to help fund Nifty copper project restart
Cyprium Metals (ASX: CYM) has received firm commitments for a $35 million capital raising to fund the restart of the Nifty copper project in Western Australia. The raising will be conducted through a two-tranche placement of 318.6 million fully paid ordinary shares to sophisticated and institutional investors at $0.11 per share. The issue price represents […]
Swiss trading house pays Cyprium Metals US$35m to secure copper cathode supply
Cyprium Metals (ASX: CYM) has finalised an exclusive term sheet, which will see Swiss commodities trader Transamine SA pre-pay US$35 million (A$51.9 million) to put its foot on all copper cathode from the Nifty copper mine once it is restarted. The offtake pre-payment is for 100% of the copper cathode produced — expected to total […]
Cyprium Metals intercepts copper, zinc, gold and nickel from drilling at Cue project
In parallel with workstreams relating to the restart of its Nifty copper project, Cyprium Metals (ASX: CYM) has uncovered copper, zinc, gold and nickel from drilling at the Cue project earlier this year. A reverse circulation drilling program at the project hit anomalous mineralisation at five of the seven targets that were tested at the […]
Quarterly explorers round-up – what’s been happening in the small cap space?
It was a busy September quarter in the small cap resource and energy spaces, with some major discoveries and project milestones achieved amid a strong outlook for most commodities. With rapidly rising inflation and volatile markets, the junior gold space continued to shine. Gold Gold explorers making headlines in the September quarter included: Kin Mining […]
