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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Australian mining company Canyon Resources has refined the development timeline for its Minim Martap bauxite project in Cameroon’s Adamawa region, with the first shipment of bauxite now expected by the end of the third quarter of 2026, around late September. The project is being developed through...
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...
Canyon Resources has increased its investments in rail and port infrastructure linked to its Minim Martap bauxite project in Cameroon as it prepares for its first bauxite shipment targeted for late Q3 2026. The company’s subsidiary, Camalco, increased its stake in rail operator Camrail from 9.1 per...
Canyon Resources, which is listed on the ASX, shared that at its Minim Martap bauxite project site in Cameroon, a surface miner has been brought. The firm is now planning to start with the mining operations before the end of March. As of now, the firm is aiming to start the first bauxite production...
The financing plan for the Minim Martap bauxite project in Cameroon faced a setback after shareholders of Canyon Resources rejected part of the company’s capital-raising proposal. The company said that on a special general meeting held on March 9, shareholders rejected the second tranche of a...
Canyon Resources, an Australian bauxite developer, moves from planning to early-stage mining operations at its Minim Martap Project, one of the world’s richest known bauxite deposits, in Cameroon. As per the report, Canyon has scheduled the commissioning of a surface miner at the project in...
Canyon Resources has appointed Ernst & Young as its new external auditor, in place of HLB Mann Judd. This appointment has been conducted after the board of the company decided to change the previous auditor after a formal review and approval from the regulators. To know more about the global...
Canyon Resources is pushing ahead with preparations at its Minim Martap Bauxite Project in Cameroon, with the developer maintaining momentum across operations, transport and financing as it works towards a February 2026 commissioning milestone. The Australia-based miner said major equipment and...
Impact Minerals Limited (ASX: IPT) appointed its new Executive Director, Scott Phegan, on December 12. A chemical engineer with over 30 years of experience in alumina, bauxite, and speciality materials, and global expertise in technical work, operations and project development, he is expected to...
The Canyon Minim Martap bauxite project at Cameroon that combines superior quality of bauxite ore with strategic infrastructure positioning can lead to an improved level of regional commodity flow to meet geological excellence. In the current market situation that prefers high-grade deposits to...
Canyon Resources, an Australian junior miner, is ramping up its ambitions in Cameroon with a major logistics play that could reshape the country’s bauxite landscape. Through its local arm Camalco, the miner plans a USD 446 million (XAF 252.6 billion) investment to fast-track the development of the...
Canyon Resources Limited, the Australian miner behind the Minim Martap project in Cameroon, has rolled out a funding package to support the launch of the large-scale bauxite development. The fund aims to raise AUD 215 million (USD 140 million), subject to shareholder approval, under the management...
This week the upstream sector of the aluminium industry, comprising alumina, bauxite and primary aluminium has seen limited but strong incidental happenings that can change the dynamics of the aluminium industry in the coming days. To begin with, following EGA’s footstep Arrow Minerals has also...
Canyon Resources has confirmed the significant economic potential of its Minim Martap bauxite project in Cameroon, after completing a definitive feasibility study (DFS). The Australian miner has also begun early works on the project, which started in July. The definitive feasibility study (DFS)...
A key announcement has been made by one of the biggest mining companies of Australia, Canyon Resources Limited, a bauxite development and exploration company, regarding the results of a definitive Feasibility Study alongside an upgrade in the ore reserves for the ongoing Minim Martap bauxite...
Canyon Resources, a company focused on bauxite development and exploration for Minim Martap in Cameroon, has announced the appointment of Adjou Ait Ben Idir as its nonexecutive director. Adjou has resumed in this role from July 14, 2025. Image source: linkedin.com Ait Ben Idir has a strong 20+...
Canyon Resources Limited recently announced that Peter Secker has been appointed as Chief Executive Officer, effective from July 1, 2025. Peter Secker has over 40 years of experience in global mining. He has previously served as a strategic advisor to the Minim Martap Bauxite Project of central...
Canyon Resources Limited has secured a substantial USD 24.5 million investment from its major shareholder, Eagle Eye Asset Holdings, following the exercise of 350 million options. This move will raise Eagle Eye’s ownership in Canyon to 54.7 per cent and strengthen the company’s cash position,...
