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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The Australian Stock Exchange-listed firm Canyon Resources has received binding commitments to undertake a $10 million placement. The funds will be raised through the issue of 100 million shares to institutional, sophisticated and strategic investors at 10 cents each. The price represents a 33.3%...
According to a recent report, Canyon Resources has completed a range of testing, supporting the bauxite technical specification datasheet, the basis for ongoing offtake and strategic partnership negotiations for Minim Martap Project in Cameroon. The testing included a broad range of chemical,...
According to a recent report, Canyon Resources Limited has announced a maiden JORC 2012 ore reserve for its Minim Martap Bauxite Project in Cameroon, West Africa. The reserve is estimated to have 97.3 million tonnes of ore at 51.1 per cent alumina and 2.3 per cent silica. This ore is based on the...
Canyon Resources Ltd announced that the company has completed a pre-feasibility study for the Minim Martap Bauxite Project in Cameroon, West Africa. The company confirmed project’s ability to produce high-quality, low-contaminant bauxite over a long mine life of at least 20 years via a multi-stage...
Canyon Resources Limited has reportedly appointed a new Chief Financial Officer and Company Secretary named Nick Allan with an immediate effect. The appointment of Mr Allan followed the resignation of John Lewis, the former CFO/Joint Secretary of Canyon Resources. Nick Allan is a chartered...
Canyon Resources Ltd is relentless of development at its 100% owned Minim Martap Bauxite Project in central Cameroon, Africa, with the conveyance of the Pre-Feasibility Study (PFS) on course. The study of the maiden ore reserve for the project is anticipated to be delivered in the second quarter of...
Canyon Resources Limited has appointed senior bauxite executive Rick Smith as Chief Development Officer of the company. Rick Smith will focus on supply chain, offtake and strategic partner negotiations for Canyon’s Minim Martap Bauxite Project in Cameroon. Smith has more than 35 years’ experience...
The Australian junior mining company Canyon Resources provided the initial results of the final exploration phase, which was launched in September’18 of Minim-Martap and Ngaoundal bauxite deposits in northern Cameroon. Camalco, the Cameroonian subsidiary of Canyon resources, pinpointed 65 bauxite...
The long-awaited exploitation of Minim-Martap Bauxite deposit in Northern Cameroon could be started in 2022. This wish has been rendered by the Project Manager, James Durant in Minim on 13 th February’20. The project its hand over by the Cameroonian government to Australian junior mining company...
Canyon has been initiating a strong position over significant high-grade bauxite resources in Cameroon in recent years. Canyon Resources Ltd freshly published a scoping study supporting a simple and successful mining operation in two junctures at its Minim Martap Bauxite Project in Cameroon. Stage...
Canyon Resources, which is planning to develop its Minim Martap Bauxite Project in Cameroon in two stages, has recently released a scoping study supporting a simple and effective stage one mining operation. The scoping study reveals that stage one would be a self-supporting bauxite mining operation...
Canyon Resources released a resource upgrade for its Minim Martap Bauxite Project in Cameroon on Friday, September 27. The company reported 62% increase in total tonnage and 850% increase in the Indicated Resource component. The project now has a total resource estimate of 892 million tonnes with...
Canyon Resources Limited has recently found high-quality results from aircore drilling at Ngaoundal within Minim Martap Bauxite Project, a World Class, Tier One Bauxite asset in Cameroon. Results averaged 43.5% aluminium oxide and 1.05% silicon dioxide for the 49 aircore holes drilled at the three...
Canyon Resources Limited has reportedly acquired a fund of $4 million for the pre-feasibility study (PFS) development stage of Minim Martap Bauxite project in Cameroon. Canyon has successfully raised the fund by way of a private placement of shares to sophisticated and professional investors at an...
Canyon Resources Limited continues to conduct aircore drilling over the Minim Martap Project, a World Class, Tier One Bauxite asset in Cameroon, and recently discovers high-quality results yet again, according to a report. The drilling was conducted on the Agnes Plateau from where Canyon discovered...
Canyon Resources Limited has announced the appointment of James Durrant as Project Development Manager for the Minim Martap Bauxite Project in Cameroon. James Durrant is an experienced operations leader, project developer and technical marketing manager bringing relevant industry experience from...
Lindian Resources Limited has reportedly taken a new managing director on board, named Shannon Green, an experienced bauxite executive with more than 20 years of resource development and mining operations. He recently served Canyon Resources Limited as general manager, where he played an...
According to the latest report, Canyon Resources Limited has divided high-grade aluminium up to 50 per cent at its Minim Martap Bauxite Project in Cameroon, where drilling is continuing to identify profiles with an increased depth of mineralisation. In some locations, drilling is being carried out...
