Articles On Canyon Resources (ASX:CAY)

A project to upgrade 68 rail bridges and rail track will allow Canyon to support a low capex, low opex solution to deliver high-grade, seaborne bauxite from Minim Martap project.

A quick wrap of the ASX’s key winners and losers on Monday, August 31. Data is taken after the market closes at 4pm EST. Stocks highlighted in yellow made market-moving announcements during the day. Today 838 stocks rose, 662 declined and 5...

“I have invested in Canyon Resources as I believe the Minim Martap Project is the best bauxite opportunity in the world," says new strategic shareholder Peter Su.

The chemical, metallurgical and physical test-work informed the Minim Martap pre-feasibility study and resulting ore reserve estimate.

There is scope to extend the initial 97.3 million tonnes reserve with only three of the Cameroon project’s 79 plateaux included.

There is scope to extend the initial 97.3 million tonnes reserve with only three of the Cameroon project’s 79 plateaux included.

The specification sheet provides a basis for commercial and technical progression of bauxite offtake agreements.

The PFS focused on beginning mining operations as quickly as possible and maximising tonnage through Douala Port, whilst reducing operating expenditure.

Private Investor Group (P.I.G) is a loose collective of ~60 private retail investors determined to have a bigger say in the companies they invest in. The group includes professionals (many in the resources industry) and investors from all s...

The project has the capacity to export a large quantity of the high-grade bauxite with extremely low silica for many decades.

White Rock Minerals Ltd (ASX:WRM) intends to raise $7.35 million before costs, with the funds used to explore and drill test the company’s large and robust Last Chance gold anomaly at the Red Mountain project in the Tintina gold belt of cen...

The company is shipping bulk Minim Martap samples for testing by interested potential offtake partners.

White Rock Minerals (ASX: WRM) has announced a proposed equity raising to raise a total of up to approximately A$7.35 million before cost through a two-tranche placement and a fully underwritten Share Purchase Plan (SPP), as well as a propo...

A pre-feasibility study on the two-stage, two-port development of the Minim Martap Bauxite Project in Cameroon is on track for release this quarter.

The pre-feasibility study (PFS) on the two-stage, two-port development of the Minim Martap Bauxite Project is on track for a June quarter release.

Efforts to alleviate the impact of the COVID-19 pandemic such as travel bans and other restrictions have led some resource companies, particularly those with operations overseas, to defer or suspend work. However, there are some companies t...

The company plans to develop its project by exporting initial production though the established port of Douala before reducing costs and exporting through the new port of Kribi once rail infrastructure is in place.

Rick Smith’s experience will be a strong asset to the company in developing the world-class Minim Martap Bauxite Project in Cameroon.

The company’s Minim Martap project is a global tier-one bauxite asset with exploration upside and encompasses two main deposits, Ngouandal and Minim Martap within 25 kilometres of each other.

Canyon plans to develop the project in two stages using different rail and ports for each stage.

If there’s one commodity that has started the decade well, it’s oil. Brent oil has gained 5.2 per cent this week and crude oil has gained 4.2 per cent. In contrast, some of the top performing commodities of 2019 have been slower. Copper has...

Canyon has been establishing a foothold over substantial high-grade bauxite resources in Cameroon in recent years.

Canyon Resources has received commitments to raise $2.5 million via a placement to institutional and sophisticated investors. The company will seek ...

Canyon Resources (CAY) has received commitments for a share placement of more than 15 million shares In addition, they’re committing to a share purchase plan for eligible shareholders to raise 1.5 million The capital raising will assist wi...

The company aims to use the capital raising of up to $4 million to accelerate the delivery of a PFS on the Minim Martap Bauxite Project.

The company’s securities will remain in trading halt until Monday December 16 or when an announcement is made to market, whichever occurs earliest.

The scoping study relates to stage one of a proposed two-stage bauxite mining operation at the Minim Martap Project.

A two-stage development plan could result in lower start-up capex and a faster pathway to bauxite production.

Canadian intermediate gold producer Semafo has confirmed at least 37 of its workers have been killed and around 60 injured in a suspected jihadist attack along the road to its flagship Boungou mine site in eastern Burkina Faso. A number of...

Canyon Resources released a substantial resource upgrade for its 100%-owned Minim Martap Bauxite Project in Cameroon, a development that will have a significant impact on the company’s upcoming prefeasibility study. The total tonnes have in...

Canyon Resources (ASX:CAY) released a significant resource upgrade for its Minim Martap Bauxite Project in Cameroon on Friday, with the total tonnes increasing 62% and the Indicated Resource component increasing by 850%. The Minim Martap Pr...

The resource upgrade confirms the Minim Martap Project as a global Tier 1 bauxite project.

On Stockhead today, why the ASX thinks the tech IPO story has further to run, McKinsey & Co say private equity needs to get more entrepreneurial and while low interest rates might make wealth creation harder, it’s not impossible, expert...

On Stockhead today, why the ‘price is right’ to take vanadium to the next level, the ACT just became the first Aussie state or territory to legalise pot and we bring you Tim Boreham’s newest venture, the Health Kick podcast. But first:   Th...

The company’s securities are in a trading halt until Friday, September 27, or when an announcement is released.

Drilling results from the Ngaoundal Licence suggest the current JORC resource may be increased further.

Multiple intersections of over 50% aluminium oxide with low silicon dioxide have been drilled from surface at the Sophia Plateau.

The changing landscape of the bauxite market means ASX-listed small caps can now be just as competitive, possibly even more so, than their much larger counterparts. Bauxite isn’t exactly a “sexy” commodity and it’s definitely not scarce, bu...

Canyon Resources has placed 25 million shares at 16c each to raise $4 million. The placement, lead managed by BW Equities, was oversubscribed.

Recent drilling highlights from Minim Martap include 8 metres at 56.76% aluminium oxide and 1.63% silicon dioxide.

The company’s securities will remain in a trading halt until Tuesday, July 23, or when can announcement is released to the market.

West African minerals explorer Canyon Resources is in front of investors seeking fresh equity. 

Drilling was at the Agnes Plateau deposit within the Minim Martap project.

Africa is proving fruitful for junior explorer Canyon Resources (ASX:CAY), which has put its foot on more high-grade bauxite at its Minim Martap project in Cameroon. The latest drilling program has delivered “thick, high-grade, low contamin...

A rail line can be diverted to run past Canyon’s flagship Minim Martap Bauxite Project to an expanded deepwater port in Cameroon.