✦ Barry Cahill, Executive Director of Cyprium Metals Limited (ASX:CYM) shares updates about the company's activities and their progress with the Nifty Copper Mine.
In the previous article, Cahill, Executive Director of Cyprium Metals Limited (ASX:CYM) laid out the theme for the Nifty Copper Project, the release of the Restart Study and how the business will take shape.
Today, Noel Ong, CEO of Samso returns with Barry Cahill and this time we learn why Cyprium is the leader of the pack in terms of Copper producers..
Why Cyprium is in the lead
There is a large gap between the large producers such as BHP (ASX: BHP) and the recently bought Oz Minerals. What is missing is the mid cap producers. An example of this would be Austral Resources Limited but that has fallen a bit off the radar since.
Needless to say, becoming the next producer is not easy.
There are two types of copper miners - you have the producer who goes to Copper sheet (Cyprium Method) and the tradition refinery route. As for Cyprium, there are many reasons why they stand out, as Mr. Cahill explains in his conversation.
The Cyprium Nifty project is a brownfield refurbishment project with extensive assets already in place, so it has a lot of benefits in reducing cost and carbon emissions.
Get updates with Barry Cahill here.
01:14 Recap of Cyprium Metals Limited.
04:23 Other projects: Maroochydore Copper Project.
05:44 Murchison Copper Project.
08:24 Nifty Copper Project.
11:22 Financing the project.
13:14 Project approvals.
14:11 Current stage: Finance process.
17:13 Explaining to investors about the resource base.
20:47 Knowledge from past experiences.
26:03 The ESG component of copper.
28:35 Discussion about ES