Mining Jobs - MES

28 August 2025 | Subiaco, WA – Cyprium Metals (ASX:CYM) has unveiled plans to raise approximately A$80 million (A$74m placement plus a fully underwritten A$6m entitlement offer at A$0.028/share) to accelerate the restart of the Nifty Copper Complex in WA’s Paterson Province and unlock a long-life open pit sulphide operation alongside near-term cathode production from existing leach pads.

Why it matters

27 August 2025 | Subiaco, WA – Forrestania Resources (ASX:FRS) has secured firm commitments for $8.61 million via a placement of 42 million new shares at $0.205, struck at a 21.7% premium to the 10-day VWAP and 22.5% premium to the 5-day VWAP (as at 26 August 2025 close). The raise attracted strong support from existing holders alongside new institutional and sophisticated investors, with Bell Potter acting as Lead Manager.

Use of funds (key allocations):

• Hyden tenure: ~$1.33m for 15,000m drilling and metallurgical testwork

• British Hill: ~$1.20m to upgrade resource to Measured status