Dig Deep Building Australia's Next Great Copper Company
In this episode, we chat to Matt Fifield, Executive Chair of Cyprium Metals, an emerging Australian copper producer focused on bringing the Nifty Copper Project back into production.
They recently completed an A$80 million equity raise, strengthening their balance sheet and securing new institutional support from Tribeca and the Tanito Group. With the rebuild of the Nifty operation now underway, the company is on track to deliver first copper cathode within the next 12 months, positioning itself as the only ASX-listed copper developer expected to achieve near-term production.
We discuss the company's next milestones, from construction and refurbishment progress, to partnerships with Macmahon and strategies for mitigating execution risk. Matt will also share his insights on funding strategy, the evolving copper market, and how his background in global mining investment has shaped Cyprium’s disciplined approach to growth.
KEY TAKEAWAYS
- Cyprium Metals is an emerging copper producer focused on restarting the Nifty Copper project, a brownfield site in Western Australia with a substantial sulphide reserve.
- The restart is being executed in two phases: Phase 1 involves bringing the heap leach and SX-EW plant back online for copper cathode production within the next 12 months, followed by Phase 2
- The company successfully completed an $80 million equity raise with support from both existing shareholders and new institutional investors, including Tribeca and Tanedo Group
- A strategic partnership with Macmahon, a major mine contractor, is mitigating execution and schedule risks by providing deep capacity in construction, project management, and mining
BEST MOMENTS
"What you have to figure out is you have to figure out what do you need to do and then what do you need to stop doing... and then you just need to simplify and get to a place where you can crawl your way out of the situation."
"The first phase of what we're doing is we're turning on the heap leach and it generates some really significant early cash flows for us."
"We're ahead of the wave of greenfields. This is the time for brownfields. This is the time to restart old plants... you can deliver them faster."
VALUABLE RESOURCES
Mail: rob@mining-international.org
LinkedIn: https://www.linkedin.com/in/rob-tyson-3a26a68/
X: https://twitter.com/MiningRobTyson YouTube: https://www.youtube.com/c/DigDeepTheMiningPodcast
Web: http://www.mining-international.org
GUEST SOCIALS
https://www.linkedin.com/company/cyprium-metals
Email: communications@cypriummetals.com
CONTACT METHOD
rob@mining-international.org
https://www.linkedin.com/in/rob-tyson-3a26a68/
Podcast Description
Rob Tyson is an established recruiter in the mining and quarrying sector and decided to produce the “Dig Deep” The Mining Podcast to provide valuable and informative content around the mining industry. He has a passion and desire to promote the industry and the podcast aims to offer the mining community an insight into people’s experiences and careers covering any mining discipline, giving the listeners helpful advice and guidance on industry topics.
This Podcast has been brought to you by Disruptive Media. https://disruptivemedia.co.uk/