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Last $0.13 USD
Change Today 0.00 / 0.00%
Volume 0.0
DFCPF On Other Exchanges
As of 8:10 PM 05/28/15 All times are local (Market data is delayed by at least 15 minutes).

cyprium mining corp (DFCPF) Snapshot

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07/18/14 - $0.18
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12/1/14 - $0.09
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cyprium mining corp (DFCPF) Details

Cyprium Mining Corporation, an exploration stage company, is engaged in the acquisition, exploration, and development of mineral resource properties in Northern Mexico. It principally holds interests in the Las Cristinas copper/silver project located in Chihuahua State. The company was formerly known as Freyja Resources Inc. and changed its name to Cyprium Mining Corporation in June 2014. Cyprium Mining Corporation was incorporated in 2005 and is based in Montréal, Canada.

Founded in 2005

cyprium mining corp (DFCPF) Top Compensated Officers

Co-Founder, Chairman, Chief Executive Officer...
Total Annual Compensation: C$209.8K
Chief Financial Officer
Total Annual Compensation: C$49.4K
Compensation as of Fiscal Year 2014.

cyprium mining corp (DFCPF) Key Developments

Cyprium Mining Corporation is Ramping up Production at Aldama Plant in Mexico

Cyprium Mining Corporation announced increased production plans following the successful start of operations at the company's 100 ton per day flotation plant located in Aldama, Mexico in May. In May the company announced the start of the toll milling operations at the Aldama plant and the signing of two mill feed supply agreements. Following the conclusive test runs of both the stockpiles from the historic Potosi Silver mine and the mineralized material from a mine in Moctezuma, Sonora, the company decided to ramp up production from the May and June level of 1,000 tons per month to 2,000 tons per month in July. To that end, the company secured a minimum of 6,000 additional tons of the Potosi stockpiles and 2,000 tons of the mill feed from Moctezuma.

Cyprium Mining Corporation Announces Expansion Plans of Flotation Plant in Aldama, Mexico

Cyprium Mining Corporation announced the expansion plans of its flotation plant located in Aldama, Mexico. The plan has two main objectives. The first objective is to optimize plant processes and improve efficiencies to maximize recoveries in order to ensure satisfactory margins. The second objective is to double the current plant capacity to 200 tons per day. The planned investments, which started in May, should take about four months and total approximately $400,000.

Cyprium Eyes Acquisitions

Cyprium Mining Corporation (TSXV:CUG) is looking for acquisition opportunities. Cyprium announces that it has appointed its current Chairman Alain Lambert as Chief Executive Officer of Cyprium. Lambert commented, we will make investments to double the current plant capacity 100 tons per day before the end of the year. Finally, we will continue to evaluate opportunities in northern Mexico which will include the possible acquisition or co-participation in existing mines and/or plants where we can deploy our financial resources and technical expertise for the benefit of our shareholders.


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