Investments and investor services
RIU Sydney Resources Roundup next week focuses on juniors and mid-caps
The event from Tuesday to Thursday will feature more than 70 presentations along with a large exhibition area.
Company
ASX:CAY
Canyon is rapidly progressing the world-class Minim Martap Bauxite Project in Cameroon towards production through its in-country subsidiary Camalco. The company is on track to commence operations in early 2026 and make its first shipment of bauxite from Minim Martap in the 1H 2026.
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Investments and investor services
The event from Tuesday to Thursday will feature more than 70 presentations along with a large exhibition area.
The drilling program aims to upgrade the 550 million tonne resource averaging 45.5% aluminium oxide and 2.06% silicon dioxide.
The company’s securities will remain in a trading halt until the beginning of trade on Wednesday, April 17, 2019, or when an announcement is made to the market.
The company has assessed rail transport options using an existing rail network adjacent to the Minim Martap project and aims to provide a funding solution for the design, construction and operation of a rail link to the port of Kribi.
The initial rail infrastructure assessment was conducted by multinational Mota Engil Africa.
Investments and investor services
Samso seeks to help clients with business development and public investor/relation needs. Samso has over 30 years of experience in developing business ideas and concepts in the Australasian region.
More than half of the bulk 550 million tonne resource at Minim Martap has very high-grade bauxite with very low total silica.
Investments and investor services
Samso seeks to help clients with business development and public investor/relation needs. Samso has over 30 years of experience in developing business ideas and concepts in the Australasian region.
The option exercised has resulted in 10 million shares being issued.
Steven Zaninovich was part of the executive team at Teranga Gold Corporation following its acquisition of Gryphon Minerals.
The company’s chairman David Netherway, managing director Phillip Gallagher and advisor Tolga Kumova recently visited the site to review its exploration strategy.
Upcoming drilling at the high-grade targets will aim to define a resource of more than 200 million tonnes at over 50% bauxite.
The company aims to further increase the size of its resource by targeting untested, potentially high-grade zones.
The Minim Martap bauxite is suitable for processing in low temperature refineries.
Funds will be used to further develop the Minim Martap Bauxite Project and define an initial mineral resource.
The company intends to upgrade the mineral resource and begin pre-feasibility work.
The company said its JSE listing is planned at or around the same time as its intention to list on the London Stock Exchange’s AIM market, with both likely to be completed early in 2018