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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On 9 th March 2021, Canyon Resources Limited made public that Vecturis has joined Canyon’s Owner’s team to develop the technical and commercial rail solutions for the BFS. A privately-owned Belgian company, Vecturis specialise in railway management services and operations, functional for freight,...
Phillip Gallagher, the Managing Director of Canyon Resources and Rick Smith, the new Camalco Director-General hosted a visit on 25 th January 2021, to the Minim Martap Project site by His Excellency Gabrielle Ndoko, the Minister of Mines – Govt. of Cameroon, the Secretary of State to the Minister...
Camalco, the subsidiary company of Canyon Resources with headquarters in Perth Western Australia, has appointed Rick Smith as Director-General of Camalco. Since March 2020, Smith has been working with Canyon Resources as Chief Development Officer and has agreed to accept the role of DG at Camalco...
It has been now declared that more than 1 billion tonnes of bauxite are detected in the mining towns of Minim, Martap, Ngaoundal and Makan in the Adamawa region, Cameroon. It emerges from the research work of the Australian mining company Camalco, a subsidiary of Canyon resources as reported on 25...
Canyon Resources Limited announced the execution of a bankable feasibility study (BFS) contract with leading Chinese engineering, procurement and construction (EPC) firm Changtian International Engineering Corporation of MCC (MCC-CIE), for the development of Stage 1 of Canyon’s Minim Martap bauxite...
Canyon Resources Limited has announced the execution of a Memorandum of Understanding (MOU) with Camrail, the Cameroon rail infrastructure operator, for the haulage of 5 million tonnes of bauxite per annum from Canyon’s Minim Martap Project (Project). Canyon has been in discussions with Camrail and...
Canyon Resources has announced that Minim Martap Bauxite Project in Cameroon, West Africa estimate upgraded to over 1 billion tonnes following the integration of results from the Physical Testing Programme. The 1 billion tonne resource represents only 12 bauxite plateaux of the Minim Martap Project...
An advanced metallurgical programme conducted by Canyon Resources Limited on alumina samples from Minim Martap Bauxite Project in Cameroon shows consistent +90% available alumina. The outcomes of the testing confirm the presence of very high grade bauxite in the project and high rates of conversion...
Canyon Resources Ltd has appointed Peter Su as a Non-Executive Director, following the successful $10m equity placement in the Company. Canyon’s Chairman, David Netherway said, “I am pleased to welcome Peter Su to the Canyon Resources Board of Directors. Peter has shown his support for the Company...
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...
