Latest Canyon Resources (ASX:CAY) News

Canyon Resources’ Definitive Feasibility Study confirms Minim Martap as a major bauxite project with a 33% ore reserve increase and robust economics, targeting production start in early 2026.

Canyon Resources has drawn down US$26 million from its US$140 million credit facility to accelerate infrastructure and rolling stock procurement at its Minim Martap bauxite project, targeting production start in early 2026.

Canyon Resources has achieved critical milestones for its Minim Martap Bauxite Project, including port access approval and a substantial credit facility, setting the stage for production and first shipment in early 2026.

Canyon Resources has begun construction of the Inland Rail Facility and upgraded haulage road in Cameroon, key steps toward first bauxite production and shipment in 2026.

Canyon Resources has secured a significant credit facility and advanced key contracts, setting the stage for production and first bauxite shipments from its Minim Martap project in early 2026.

Canyon Resources has locked in a US$140 million syndicated credit facility alongside a AU$24.5 million option exercise by a major shareholder, positioning the company to fast-track operations at its Minim Martap Bauxite Project in Cameroon.

Canyon Resources secures a $24.5 million capital boost from major shareholder Eagle Eye Asset Holdings, accelerating development of its Minim Martap bauxite project with first shipments targeted for 2026.

Canyon Resources has clarified that its recent share price jump stems from a prior port access approval announcement for its Minim Martap Bauxite Project, confirming full ASX compliance.

Canyon Resources announces Peter Secker as new CEO, signaling a strategic shift as the company advances its Minim Martap bauxite project toward production.

Canyon Resources has gained government approval for its Inland Rail Facility location in Cameroon, advancing the Minim Martap Bauxite Project with new land allocation and infrastructure plans.

Canyon Resources has completed an extensive drilling campaign at its Minim Martap Bauxite Project and appointed a new CFO, setting the stage for key resource updates and feasibility milestones in 2025.

Canyon Resources has locked in a $124 million underwriting agreement with major shareholder Eagle Eye Asset Holdings to finance critical rolling stock for its Minim Martap bauxite project in Cameroon, marking a pivotal step towards production.