CYPRUS MINERALS <CYPM> NAMED IN SUITS Cyprus Minerals Co said along with about 40 other companies, it has been named a defendant in 23 product liability lawsuits filed in California by individual tireworkers aleging injury as a result of exposure to talc and other products. It said other suits are expected to be brought. Cyprus, which produces talc, said it has significant factual and legal defenses and substantial insurance coverage and does not expect the suits to have a material adverse impact on its financial condition.