Business Overview

Chinalco Yunnan Copper Resources Ltd (“CYU” or “Company”) is a resource exploration and development company seeking to become a mid-tier copper/gold producer.

The Board of CYU continues to focus on transforming the Company into a substantial mid-tier mining group, with a primary focus on acquiring and developing near-term copper, gold and other base metal production activities (both locally and overseas).

CYU has an office in Brisbane. The Company is listed on the ASX under the symbol “CYU”.

A summary of CYU's current activities is as follows:

1. Australia - Mount Isa

CYU entered into an agreement on 14 December 2016 with Hammer Metals Ltd to dispose of its tenure interests in Mount Isa.

2. Project Acquisitions

CYU also has a stated corporate objective to acquire an interests in resource projects that are either:

  1. highly prospective exploration prospects;
  2. near-production assets requiring completed feasibility studies; or
  3. producing mines

in production or at least at the feasibility study stage. Internal CYU review and discussion about such opportunities continues.