Canyon Resources’ Minim Martap bauxite project in Cameroon has hit a fresh financing hurdle after AFG Bank Cameroon suspended further drawdowns under the project’s loan facility, prompting the company to withdraw its previously announced first-shipment timeline. The development comes as Canyon also...
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...
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A report that reveals where the aluminium casting industry is heading and how businesses can act.
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A report that reveals where the aluminium casting industry is heading and how businesses can act.
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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...
Cameroon's flagship Minim-Martap bauxite project has come under fresh scrutiny after majority shareholder A2MP Investments launched a takeover bid for Canyon Resources, arguing that rising freight costs, lower marketing premiums and higher operating expenses could undermine the project's economics...
Canyon Resources has taken delivery of the first locomotives for its Minim Martap bauxite project in Cameroon. The mine is being developed by its subsidiary, Camalco Cameroon, which expects an initial fleet of seven locomotives and 160 wagons to transport 35,000 tonnes of bauxite a month. The...
Canyon Resources has taken another step towards commercial production at its Minim Martap bauxite project in Cameroon’s Adamawa region. It has received the new rail fleet to reinforce logistics of bauxite transportation from the mine to the Port of Douala. Canyon confirmed that seven CRRC Ziyang...
Canyon Resources Ltd has appointed Rory McGoldrick as a Non-Executive Director, effective July 2, 2026, as the company prepares to begin mining and targets its first bauxite shipment in the fourth quarter of 2026. McGoldrick has about 20 years of experience in the energy and resources sector. His...
Canyon Resources has announced the delivery of locomotives to its Cameroonian subsidiary, Camalco Cameroon S.A., marking further progress in the development of the Minim Martap Bauxite Project's mine-to-port logistics network. The milestone follows the company's decision to increase its stake in...
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