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Top Stories

Canyon Resources

A2MP takeover bid casts doubt over Cameroon bauxite project's expansion plans
Bauxite
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 in its current form. A2MP, which already owns 55.56 per cent of Canyon Resources, is seeking full control of the Australian mining company through an unsolicited off-market takeover offer. If succes ...
Canyon Resources receives first locomotives, targets 35kt monthly bauxite transport for Minim Martap project
Bauxite
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 company is targeting its first shipment in Q4 2026.  The initial rail fleet will comprise seven locomotives and 160 wagons, providing a transport capacity of 35,000 tonnes per month. The first 60 wagons ...

Bauxite
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 locomotives arrived at the Port of Douala in June and have since been delivered to its Cameroonian subsidiary, Camalco Cameroon. Commissioning, operational testing and driver training are now underway ...
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