MANAGEMENT

Cyprium starts Nifty plant refurb

First ore kicked back to H2 2023.

Cyprium starts Nifty plant refurb

The Nifty copper mine is located on the western edge of the Great Sandy Desert in the northeast Pilbara region and was acquired by Cyprium in March this year.

Nifty had produced 714,000 tonnes of copper before being shuttered, however, it still has a resource of more than 732,000t including 135,000t that is heap leachable.

Since taking control of the mine, Cyprium conducted several studies and confirmed it would look to produce copper plate via a solvent extraction and electrowinning plant.

An engineering report and cost estimate found refurbishment would be more cost-effective than purchasing or building another SX-EW plant.

"We have started refurbishment of the project," Cyprium managing director Barry Cahill said.

"The Cyprium team continues to kick goals on its way to producing copper metal plate at Nifty."

The SX-EW plant is being stripped down and assessed for refurbishment on an item-by-item basis.

The items not up to scratch are being transported to Perth or Kalgoorlie, or even interstate, for specialist refurbishment.

The EW electric rectiformer has been shipped to New South Wales for repairs.

While refurbishing is officially underway, Cyprium also told shareholders this month it had encountered challenges due to labour shortages, COVID-19 related impacts and long lead-times.

"Despite our best efforts and the exceptional progress that we have made in eight months, there are pressures being felt throughout the mining industry," Cahill said.

"These additional pressures … have impacted on our original projections."

This means the mine's restart and first copper plate production will be pushed back to the second half of 2023.

Cyprium said many of its permit applications for the restart had been submitted to relevant departments.

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining Monthly Intelligence team.

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining Monthly Intelligence team.

editions

ESG Mining Company Index: Benchmarking the Future of Sustainable Mining

The ESG Mining Company Index report provides an in-depth evaluation of ESG performance of 61 of the world's largest mining companies. Using a robust framework, it assesses each company across 9 meticulously weighted indicators within 6 essential pillars.

editions

Mining Magazine Intelligence Exploration Report 2024 (feat. Opaxe data)

A comprehensive review of exploration trends and technologies, highlighting the best intercepts and discoveries and the latest initial resource estimates.

editions

Mining Magazine Intelligence Future Fleets Report 2024

The report paints a picture of the equipment landscape and includes detailed profiles of mines that are employing these fleets

editions

Mining Magazine Intelligence Digitalisation Report 2023

An in-depth review of operations that use digitalisation technology to drive improvements across all areas of mining production