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Canyon Resources Mobilises Mining at Minim Martap, Secures Full Stage 1 Funding
9:34am on Wednesday 11th of March, 2026 AEDT
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Mining
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Canyon Resources Mobilises Mining at Minim Martap, Secures Full Stage 1 Funding
9:34am on Wednesday 11th of March, 2026 AEDT
Key Points
Surface miner mobilised, mining to start late March 2026
First bauxite production targeted early Q2 2026
Stage 1 CAPEX fully funded via cash reserves and AFG Bank debt facility
Locomotive delivery and logistics on track for Q3 shipment
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CANYON RESOURCES (ASX:CAY)
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