Canyon Resources has requested a voluntary trading halt in its securities on the Australian Securities Exchange as it prepares an update on the development schedule and funding position of its Minim Martap Bauxite Project in Cameroon. The halt will remain in place until the planned announcement is...
The future of one of Africa's largest undeveloped bauxite deposits has entered a new phase of uncertainty after A2MP Investments launched a takeover bid for Canyon Resources, raising questions over whether the company's flagship Minim Martap project will proceed as originally planned. A2MP, Canyon...
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Cameroon’s Minim-Martap bauxite project is moving closer to export readiness, with project developer Camalco adopting an interim coastal shipping solution to bridge existing infrastructure constraints and bring its ore to international markets. The move may extend the nation's goal of strengthening...
Cameroon, Africa Global Logistics (AGL) and Camalco signed a memorandum of understanding in Yaoundé on June 4 for the proposed Edéa–Kribi–Lolabé–Campo rail corridor. The agreement establishes a framework for discussions on the railway project, which is intended to connect the country's rail network...
Africa’s aluminium sector entered 2026 facing a difficult question: how exposed has the continent’s supply chain become to power disruptions and concentrated production risks? The concern intensified after regional aluminium production declined to 381,000 tonnes in Q1 2026, marking a 6.2 per cent...
In Cameroon, the Minim Martap bauxite project advanced into the next step as the first locomotives for the mine’s future rail operations are set to arrive in the country. CRRC Corporation, a Chinese manufacturer, has crafted seven locomotives and is currently on its way to the port of Douala for...
Canyon Resources has moved a drill rig on to its bauxite project in Cameroon to follow up promise from earlier drilling that saw grades of bauxite encountered as high as 50% Al2O3 and low silica. Drilling will test 15 newly defined targets over the Mandoum and Birsok permits before the onset of the...
Canyon Resources has been granted an ASX trading halt in relation to a capital raising. The halt will last until the earlier of the announcement being made or the start of trade on Friday, 8th May 2015. Canyon is focused on advancing development of the Birsok Bauxite Project in Cameroon. During the...
Canyon Resources, to facilitate easier access to the new under-development Birsok Bauxite Project, has signed a Memorandum of Understanding with Bolloré Africa Logistics Cameroon, operators of the Doula port and Camrail SA. The company has 75% stakes in the budding mining project in the town of...
Bauxite focussed Canyon Resources is preparing to outline details of a capital raising. The ASX has granted the company a trading halt, with its shares placed in pre-open. The company's key project is the Birsok Bauxite Project in Cameroon, with the inaugural drilling program returning high-grade,...
Rio Tinto plans to sell its shares in an aluminium smelter in Cameroon, ending several decades in partnership with the government because the project no longer fits the global mining group's strategy. Rio, which makes more than 90 percent of its profit from iron ore, has been edging away from...
Canyon Resources Ltd plans to produce bauxite in the Birsok project which involves two permits for a surface area that spans 1,460 km2 in Cameroon. The last set of samples collected during the reconnaissance drilling on Baoua, a 700 by 350 metre plateau yielded “the best results” of the drilling...
Canyon Resources Ltd has alleged locating a large bauxite deposit in the Birsok project, in the centre of Cameroon, that it is in the way to having 75%, following a joint agreement, struck in late 2013, with the British company, Altus Strategies Ltd. In the research report published on July 23, the...
Canyon Resources has agreed to raise up to $315,000 by way of a placement of shares to fund exploration at its flagship Birsok bauxite project in Cameroon. The 7 million new shares will be priced at $0.045, with free attaching options with an exercise price of $0.06 each and expiry date of 31...
Canyon Resources has commenced First phase drilling on its 75% owned Birsok Bauxite Project in Cameroon, targeting high grade DSO bauxite mineralisation. Up to 4,000 metres of drilling is planned to test the width and extent of bauxite mineralisation across priority target areas. The program will...
Canyon Resources has released an activities report for the quarter ended 31 March 2014. Clearing work began on the Birsok Bauxite project, in Cameroon, to prepare for the first phase drilling programme. 90% of the rock chip samples taken from the project area have returned over 50% aluminium oxide...
Canyon Resources should trade higher after additional rock chip sampling yielded high grade aluminium oxide bauxite from its 75% owned Birsok Project in Cameroon. Around 90% of the 84 rock chip samples returned greater than 50% aluminium oxide, with an average of 2.2% silicon oxide and low levels...
Bauxite-focused Canyon Resources has been granted a trading halt this morning, as the company prepares capital raising details. Canyon's shares are currently in pre-open. The company has entered into a joint venture to acquire up to an initial 75% interest in the Birsok bauxite project, which is...
Negotiations for ore mining, says the source, "continued normally" between the government and Emirati companies Dubal (UAE, 45% of the capital), Hindalco (India, 45% of the capital) and Hydromine (United States, 10% of the capital). The government has awarded two exploration licenses to operators...
The government of Cameroon is in the process of recruiting legal, financial, mineral and industrial advisers with whom it can work alongside Cameroon Alumina Limited (CAL) in view of preparing and signing a mining convention for the multi-billion Minim-Martap/Ngaoundal Bauxite Project in the...
