Cyprium Metals targets operational readiness at Nifty

Proactive

Written by Fouad Haidar

Cyprium Metals executive chairman Matt Fifield talked with Proactive about recent board changes and development updates at the company’s flagship Nifty Copper Complex in Western Australia’s Paterson region.

Fifield introduced the appointment of two new non-executive directors, Jim Simpson and Amber Banfield, following the close of a recent capital raise. “Money helps build mines, but people build great companies,” Fifield said, noting that both appointments reflect the company’s transition toward operational readiness.

He highlighted Simpson’s operational expertise in copper and heap leaching and Banfield’s background in ESG and sustainability, which align with Cyprium’s evolving strategic focus.

Fifield also provided an update on the phased redevelopment at Nifty. The initial stage is focused on generating early cash flow by processing above-ground resources into copper cathode. Work is currently underway on relining ponds and drainage systems to support environmental compliance and leaching operations.

He outlined four project stages: reestablishing ponds and drains, commissioning heaps, constructing the plant, and achieving operational readiness. Fifield added, “If you were to go to site with me today, what you would see is work commencing and continuing around relining the ponds.”

Looking ahead, he pointed to an upcoming AGM and formal project sanctioning by the board as key events. He also noted that updates will follow on the broader Nifty project, including its sulfide resource, and other assets in Cyprium’s portfolio.

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Read the full article on Proactive here