Definitive Feasibility Study Results and Reserves Upgrade Confirms Minim Martap as a Tier-One Bauxite OperationCanyon 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
Appointment of Non-Executive DirectorPERTH, Australia, July 15, 2025 (GLOBE NEWSWIRE) -- Canyon Resources Limited (ASX: CAY) (‘Canyon’ or the ‘Company’) is pleased to announce the appointment of Ms Adjou Ait Ben Idir as Non-Executive Director, as the Company continues to strengthen its team and work towards the commencement of operations at the flagship Minim Martap Bauxite Project, located in Cameroon, in early 2026.
Commencement of Chief Executive OfficerPERTH, Australia, July 01, 2025 (GLOBE NEWSWIRE) -- Canyon Resources Limited (ASX: CAY) (‘Canyon’ or the ‘Company’) is pleased to announce that Mr Peter Secker has officially commenced his role as Chief Executive Officer (CEO), effective 1 July 2025.
~US$140M Credit Facility Secured for the Minim Martap Bauxite ProjectProject Credit Facility through AFG Bank Cameroon, along with Option Exercise by Eagle Eye Asset Holdings to Fund Stage One Operations
Canyon to Receive Significant Capital Injection to Support Rapid Development of Minim MartapMajor Shareholder and Long-Term Supporter Eagle Eye Asset Holdings elects to exercise 350 million options for $24.5m
Acquisition Complete for 9.1% Stake in CAMRAIL S.ACanyon Continues to Advance its Mine-to-Port Logistics Strategy, as it Develops the Minim Martap Bauxite Project Toward Production
Canyon to Acquire 9.1% Stake in CAMRAIL S.AStrategic Investment Strengthens Logistics Pathway to Develop Minim Martap Toward Production
Minim Martap Project UpdateCanyon Continues Rapid Advancement Toward Production
Canyon Bolsters Board with Appointment of Dean HortonPERTH, Australia, Feb. 20, 2025 (GLOBE NEWSWIRE) -- Canyon Resources Limited (ASX: CAY) (‘Canyon’ or the ‘Company’) is pleased to announce the appointment of Mr. Dean Horton as Non-Executive Director commencing his role on 19 February 2025. Mr. Horton’s appointment supports the Board’s strategy of attracting and building a proven, diversified and highly-credentialed team of industry professionals who can grow and develop the Company’s Minim Martap Bauxite Project, located in Cameroon, through development and into production.
