Articles On Canyon Resources (ASX:CAY)

EZZ and LTR are among eight ASX companies elevated to the MISC World Microcap Index  Truscreen exceeds budgeted sales of its cervical cancer screening tool in China  Nanosonics says its June half sales recovery has continued   Erectile dy...

Green Critical Minerals pumps on ‘revolutionary’ graphite tech Polymetals Resources rises on imminent Endeavour mine restart James Bay Minerals shows a pivot to gold can whet investor appetites   As we look towards a clean energy future,...

  To register for Friday's webinar click here. Jindalee Lithium (ASX:JLL) announced that battery-grade lithium carbonate has been successfully produced from ore from the McDermitt Lithium Project. All steps of the processing flowsheet for t...

Good morning, and welcome to Stockhead’s Top 10 at shortly-before-11-ish, to highlight the best (and sometimes worst) performing ASX stocks in morning trade using live data, to provide a short, sharp update to help frame the trading day by...

A little-known ASX lithium stock is off to the races today. While the All Ordinaries Index (ASX: XAO) is up a healthy 0.4% in morning trade on Tuesday, this lithium share surged 15% following a promising claims update. After some likely p...

RareX has added some highly experienced players to its management team in a move it says will enhance market reach and accelerate the development of its Cummins Range rare earths and phosphate project in WA. Effective April 3, 2023, experie...

Little joy for investors in December with traditional Christmas rally not eventuating in 2022 Meteoric Resources leads December winners after positive metallurgical results at its new Caldeira project. Symbio Holdings saw its share price p...

December winner Meteoric Resources sees a non-executive director buy 6 million shares Northern Star Resources and Chalice Mining directors sell in December for tax obligations Johns Lyng Group COO Lindsay Barber sells 4 million shares, ~3...

The ASX 200 finishes the day up by 0.26% after last-second slump The ASX 200 finishes 2022 down more than 5.0%, because of reasons Energy sector wins the year, up more than 40%. Well played.   As trading wraps up for 2022, the market is g...

Canyon Resources (CAY) has secured $12.1 million through a subscription agreement with Eagle Eye Asset Holdings (EEA) Eagle Eye agreed to subscribe for $12,174,000 worth of fully paid shares at six cents each via a strategic placement, rep...

African Gold (A1G) appoints Phillip Gallagher as its new Managing Director Previously MD of Canyon Resources (CAY), Mr Gallagher has extensive experience in mineral exploration in West Africa As such, A1G believes Mr Gallagher will prove “...

Fresh from completing an aircore program to extend the McTavish East prospect, Carnavale is now turning its attention to the deeper potential of its Kookynie gold project. The company is carrying out 500m of diamond drilling from three pre-...

The ASX 200 is up, the XEC is up solidly   Energy, resources, materials are back in black  US CPI was a tough read, but not fatal   Australian small caps are trading well over 1.5% higher on Thursday afternoon as mining and energy stocks...

Canyon Resources’ (CAY) founder, Phillip Gallagher, is leaving his role as Managing Director after 12 years The bauxite developer says the decision was mutual and is part of the company’s “evolution” CEO Jean-Sebastien Boutet will now lead...

Stockhead’s Top 10 at 10, published at 10.30am each trading day, highlights the best (and worst) performing ASX stocks in morning trade using live data. It’s a short, sharp update to help frame the trading day by showing the biggest movers...

Managing Director of Canyon Resources (CAY) Phillip Gallagher will formally step down, effective July 1 News of the transition was first announced in November 2021, coinciding with the appointment of Jean-Sebastien Boutet as CEO Canyon ha...

Emerging Companies (XEC) index rises on Tuesday, up over 1.2% ASX 200 same, but a wee bit more Lode Resources rises sharply on more than just a sliver of silver   Everything’s higher on Tuesday. Not by a heap, but enough to cancel the co...

Aspiring bauxite miner Canyon Resources is rattling the tin for up to $4 million in a deeply discounted placement ahead of the long-awaited release of a bankable feasibility study for its flagship project.

Two-year extensions have been granted for Canyon’s Makan and Ngaoundal bauxite research permits, which adjoin the Minim-Martap Project in Central Cameroon, Africa. Canyon’s (ASX:CAY) subsidiary Camalco is still awaiting the grant of an exp...

Canyon Resources (CAY) wins a heated battle for research permits on the Makan and Ngaoundal bauxite tenements adjoining its Minim-Martap bauxite project in Cameroon While Canyon waited for the Cameroon government to grant extensions to the...

Large cap Aussie stocks managed to close slightly higher on Monday, after a fickle few hours of afternoon trade. But that brave little battler, the Emerging Markets index (ASX:XEC) is down 2.3%. — its biggest drop since February 3. It foll...

Highlights The ASX Small Ordinaries index was down 0.34% to 3,287, as of 12:30 PM AEDT. ENT, FXG and CAY are some ASX penny stocks surging massively today. These massive rallies also come with potentially higher risks, which an invest...

Stockhead’s Top 10 at 10, published at 10.30am each trading day, highlights the best (and worst) performing ASX small caps in morning trade using live data. It’s a short, sharp update to help frame the trading day by showing the biggest mov...

African bauxite player Canyon Resources has named a new director to subsidiary Camalco Cameroon in Nfon Ekoko Mukete – the Traditional Chief of Kumba and Paramount Ruler of the Bafaw tribe. And he has one hell of a resume, holding extensive...

Black Canyon Resources (BCA) identifies intervals of manganese mineralisation at the Flanagan Bore project in the Pilbara region of Western Australia As part of a farm-in and joint venture with Carawine Resources (CWA), BCA is undertaking...

The ASX had another day of solid gains, hitting a three week high with tech and resources leading the charge. The ASX 200 rose 1.25%, closing at 7,405 and while all sectors were in the green, resources and tech both were the best – gaining...

Canyon plans to release the bankable feasibility study for its Minim Martap bauxite project in January 2022, streamlining efficiencies and economics. This optimisation work centres around improving rail production capacity and developing a...

The ASX finished 0.67% higher, marking the best performance by the Australian bourse since early October. Almost all sectors finished higher with energy and tech – two sectors under siege in recent weeks – recording gains of 2.07% and 1.9%...

Canyon has appointed veteran metals and mining executive Jean-Sebastien Boutet as CEO to advance development of its Minim Martap bauxite project. Boutet has more than 16 years’ experience in the bauxite and aluminium industry and has more t...

Canyon Resources (CAY) appoints Jean-Sebastien Boutet as its new Chief Executive Officer The incoming CEO is said to be an experienced metals and mining executive with more than 16 years in the bauxite and aluminium industry The new role w...

Highlights  A company with zero-net debt denotes relatively high financial stability and may sail through tough times more easily. However, debt also helps in the scalability of the operations. CAY, AAJ, Ras are some of the debt-free...

Work is advancing to finalise the company’s bankable feasibility study at the Minim Martap Bauxite Project, a direct shipping ore development opportunity. Canyon Resources (ASX:CAY) has confirmed that all the bridges on the rail line from t...

The ASX was set for another negative day if futures and Wall Street’s drop were any guide — but even with a bad start, Australia’s bourse finished in the green. The ASX 200 fell as much as 0.50% in the first few minutes of trade but closed...

Stock analysis veteran and lover of the resources game, Peter Strachan, is back for another instalment of the Rock Yarns podcast. In this episode Peter chats to Phillip Gallagher, managing director at Canyon Resources (ASX:CAY). Canyon Reso...

Is Rio Tinto (ASX:RIO) going to disappoint on shipments yet again? The gaffe-prone Pilbara miner, which was carried by stratospheric iron ore prices to a US$9.1 billion dividend at the half year, appears likely to miss its ambitious guidanc...

Shares in bauxite developer Canyon Resources (ASX:CAY) have climbed after Guinea – a leading supplier of bauxite – experienced its third coup d’etat in under 40 years.  The unrest sent prices for aluminium rising briefly to 10-year highs on...

Canyon has reached a strategic partnership agreement with a Chinese engineering giant to progress development of the Minim Martap bauxite project in Cameroon. Under the agreement and memorandum of understanding, Zhongye Changtian Internatio...

Canyon is cashed up to progress its promising Minim Martap bauxite project after completing the first phase of its $6.2m placement. The company has raised more than $5.6m from the issue of 70.48 million new shares priced at 8c each to new a...

Investors have backed a $6.2m placement to advance Canyon’s Minim Martap project, a large, high-grade bauxite resource with promising green credentials. Not a hard ask when the project has a big resource tonnage of 1 billion tonnes and grad...

The armed forces could be called upon to enforce Sydney’s strict lockdown, and we might see troops on the streets as early as Monday. On the bourse, the benchmark ASX 200 has closed 0.40% lower on Friday, but was flat for the week. The mini...

Resources and tech stocks led the ASX back into positive territory Thursday. After a drop yesterday, led by tech, the bourse rebounded with the ASX 200 closing 0.52% higher. Resources led gaining 1.51% and tech gaining 2.6%. The only sector...

Foster Stockbroking is on the street leading a $4 million raise for Canyon Resources.

Canyon Resources’ Minim Martap bauxite project in Cameroon has received a big tick of approval in recently initiated stock coverage by Foster Stockbroking. The attractive economics of Canyon’s (ASX:CAY) Minim Martap – a project with a 1 bil...

Special Report: RareX (ASX: REE) has its eyes set on resource growth at its Cummins Range rare earths project as it begins the first diamond drilling campaign there in 39 years. The last time such a program was carried out in 1982 the proje...

RareX (ASX:REE) has strengthened its executive team to help drive development of its Cummins Range rare earths project and exploration work. The company has appointed James Durrant as its general manager of projects to oversee studies at th...

Junior minerals company Resource Base will be targeting an aggressive exploration program at the promising Black Range base metals project in northwest Victoria on completion of an initial public offering (IPO) and planned relisting on the...

Summary Canyon Resources has restructured the Board to drive the Minim Martap Project development. The Company is planning to develop the bauxite project in a 2-stage, 2-port program. Cliff Lawrenson, former MD of Atlas Iron, has join...

The Physical Properties Program, which tested for rock strength, moisture levels and density, allowed for an update of the density assumptions of the mineral resource estimate.

The advanced metallurgical program has shown a consistency of Total Available Alumina (90%) and Reactive Silica (70-80%) recoveries in ore samples taken from within the Minim Martap bauxite field.

The Water Resources Interim Baseline Report has been prepared by Cameroonian consultancy Rainbow Environmental Consult SARL with international consultancy firm Ramboll participating in data collection and document reviews.