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 global aluminium value chain continued to witness a mix of shifting market dynamics, strategic investments, supply chain realignments, and policy developments over the past week. From evolving raw material trends and production updates to new mining projects, trade partnerships, corporate...
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...
For the past few years, Guinea has been the driving force behind the global bauxite trade. Production expanded rapidly, exports climbed to record highs, finding their way to refineries across the world. But after years of pushing output higher, Guinea is now considering a different approach - a...
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 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 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...
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 is strategically pushing forward in the global bauxite market, with its Minim Martap project in Cameroon taking centre stage. CEO Peter Secker describes this project as "the largest high-grade undeveloped bauxite deposit worldwide". The company is positioning this asset as a prime...
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 Limited (CAY), one of Australia's largest bauxite producers, has officially started construction of its Inland Rail Facility (IRF) at Makor, Cameroon - an important milestone in the delivery of its flagship Minim Martap Bauxite Project into production. The company is also upgrading...
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+...
