PROJECT FINANCE

Financiers dragging their heels on Nifty copper project

CYPRIUM Metals is cutting back on staff at the set-to-be redeveloped Nifty copper project in Western Australia as financiers likely get cautious given current market conditions.

Nifty, WA

Nifty, WA

Cyprium played a straight bat on the latter today as it reported "advanced discussions are continuing with debt financiers, who are undertaking due diligence activities and reviewing financing documentation"....

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