Cyprium Metals moves towards restarting Nifty Project as a large-scale open-pit copper operation

Cyprium Metals Ltd (ASX:CYM, OTC:CYPMF) has inked a binding contract with USP&E North America LLC for the sale of surplus generators at the Nifty Copper Mine in Western Australia in return for US$6.05 million, the equivalent of about A$9.3 million.The company has already received a non-refundable deposit of US$600,000 for the contract, with full payment to be received once the generator units have been moved from the site, expected around February 14, 2025.CYM intends to use the additional funding for worki ...