Highlights Construction of ore haulage access road ongoing and all clearing completed with focus now on IRF access and Danielle plateau access. First surface miner scheduled to arrive in Cameroon in January 2026 and commence mining on site in February 2026.
Highlights Construction work ongoing on ore haulage access road, IRF and site access Locomotives delivery remains on schedule in first quarter 2026 Mining contractor has visited site confirming mobilisation schedule with mine development to commence in first quarter 2026 Project development timeline remains unchanged Project fully financed to Stage 1 production Incumbent President Paul Biya has...
Canyon to Build Minim Martap into a Long-Life and Key Bauxite Operation, Underpinned by an NPV of US$835M, IRR of 29% and a 33% Increase in Ore Reserves Canyon to Build Minim Martap into a Long-Life and Key Bauxite Operation, Underpinned by an NPV of US$835M, IRR of 29% and a 33% Increase in Ore Reserves
Highlights Canyon has completed the first drawdown from its US$140 million Credit Facility with AFG Bank Cameroon Canyon secured the Credit Facility on excellent terms, demonstrating the confidence and standing of the Company's flagship Bauxite Minim Martap Project as a tier-one asset The first drawdown of XAF 15 billion (~US$26 million) before fees, will be used towards the purchase of rolling...
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