FINWIRES · TerminalLIVE
FINWIRES

ASX:CYM

6 stories mentioning ASX:CYMUpdated 13d ago

Every FINWIRES story that references ASX:CYM, newest first.

Asia

Cyprium Metals Reports Copper Cathode Restart Progress, Lower Cash Position in June Quarter; Shares Rise 5%

Cyprium Metals (ASX:CYM) said it remains well-funded to progress all of its key work streams with a cash position of AU$68.5 million at the end of the June quarter, according to a Friday filing with the Australian bourse.The company ended the March quarter with cash of AU$96.5 million, a previous filing showed.During the June quarter, Cyprium made material advancements to its phase one Copper Cathode restart, with site infrastructure work packages nearing completion. The company said it targeting the start of copper cathode production in the current quarter.Shares of Cyprium Metals rose 5% in recent Friday trade.

ASX:CYM
Asia

Cyprium Metals Identifies Copper Mineralization at Nifty Copper Complex in Western Australia

Cyprium Metals (ASX:CYM) said it identified copper mineralization during recent drilling at its Nifty Copper Complex in Western Australia, according to a Thursday Australian bourse filing.The results were up to 9 meters at 1% copper from surface, including 4 meters at 1.8% copper from 2 meters.The company said metallurgical test work will be conducted to understand the mineralization and leaching performance of copper in the waste dump, with further drilling required to fully define and infill the extent of the main mineralized zone.Oxide copper intersections identified in step-out scout drilling require follow-up testing to define the extent of mineralization within the broader waste dump, it added.

ASX:CYM
Wire

Cyprium Metals Appoints Christofer Catania as Chief Technical Officer; Shares Up 5%

Cyprium Metals (ASX:CYM) appointed Christofer Catania as chief technical officer, according to a Friday Australian bourse filing.The company said Catania most recently served as senior vice president, global resources at Worley.The company's shares rose past 5% in recent Friday trade.

ASX:CYM
Asia

Cyprium Metals Reports Resumption of Acid Deliveries at Western Australia Copper Complex; Shares Fall 9%

Cyprium Metals (ASX:CYM) said it has made material progress on the restart of its Nifty copper complex in Western Australia, with operational readiness and pre-commissioning activities now underway, according to a Thursday filing with the Australian bourse.A new acid terminal has been commissioned, and sulfuric acid deliveries to Nifty have restarted, marking the first deliveries in roughly two decades, the company said.Cyprium Metals has also started hydro-testing across surface leach and injection leach programs, commenced firewater infrastructure construction, and commissioned a pit dewatering system at the project, among other areas of progress.The company's shares fell 9% in recent Thursday trade.

ASX:CYM
Asia

Cyprium Metals Appoints Chief Development Officer; Shares Fall 3%

Cyprium Metals (ASX:CYM) appointed Richard Holmes as chief development officer, effective June 1, according to a Thursday Australian bourse filing.Holmes most recently held the position of chief development officer at Sandfire Resources (ASX:SFR), the filing added.The company's shares fell 3% in recent Thursday trade.

ASX:CYMASX:SFR
Asia

Cyprium Metals Expected to Benefit From Existing Infrastructure, Says Euroz Hartleys

Cyprium Metals (ASX:CYM) is expected to benefit from its existing infrastructure, including a 2.8 million-tonne-per-year (mtpa) copper concentrator processing facility, said Euroz Hartleys in a Thursday note.The research firm noted that the company aims to recommence processing of oxide copper ores via its SX-EW plant in Western Australia and existing heap leach infrastructure.Refurbishment of the plant and associated works is on track for completion mid-calendar 2026, with commissioning planned for the third or fourth quarter, with commercial production in the first quarter of 2027, or potentially sooner, the note added.The research firm said it models a AU$505 million in total pre-production capital, for a 4.5 mtpa processing facility, producing copper concentrate, with production commencing in the second half of calendar 2028 over a 20-year mine life, supported by reservesEuroz Hartleys kept a speculative buy rating on Cyprium Metals with a price target of AU$0.70.

ASX:CYM

Track with the FINWIRES app suite

FolioX
FolioX
Track ASX:CYM in your portfolio
WheelAI
WheelAI
Analyze ASX:CYM options with the wheel strategy
StockInsider
StockInsider
See market sentiment on ASX:CYM