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Canyon Resources Mobilises Mining at Minim Martap, Secures Full Stage 1 Funding

9:48am on Thursday 23rd of April, 2026 AEST Mining
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Canyon Resources Mobilises Mining at Minim Martap, Secures Full Stage 1 Funding

9:48am on Thursday 23rd of April, 2026 AEST
Key Points
  • Surface miner mobilised; mining operations to start in Q2 2026
  • First bauxite shipment scheduled for late Q3 2026 post-wet season
  • Full funding secured via US$83 million undrawn debt and A$79 million cash
  • Leadership transition underway with CEO and director resignations
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