Latest Cameroon News

Tusker Minerals has agreed to sell its Malawian rare earth assets to AuKing Mining for up to A$4.85 million, while retaining key rutile projects and upside exposure through equity stakes.

A2MP Investments FZCO has kicked off an off-market takeover offer for the remaining 44.44% of Canyon Resources shares it does not already control, valuing the company at about A$103 million equity and A$188 million enterprise value. The bid comes amid deteriorating project economics and funding challenges for Canyon's Minim Martap Bauxite Project.

Tusker Minerals has inked a binding deal to sell its Machinga Rare Earth Elements project in Malawi to AuKing Mining for up to A$4 million, freeing capital to concentrate on its high-grade rutile and heavy mineral sands assets.

Canyon Resources has advanced key infrastructure for its Minim Martap bauxite project, delivering locomotives and increasing stakes in Camrail and the Port of Douala operator, while navigating a conditional takeover bid from its majority shareholder.

Lion Rock Minerals has appointed a new leadership team with Sierra Rutile pedigree to drive development at its Minta Monazite & Rutile Project in Cameroon, backed by strong drilling results and a $2 million capital raise.

Lion Rock Minerals has launched a significant drilling campaign targeting a large monazite-rich rare earth system at its Minta Est tenement, complementing its expanding rutile discoveries. The 118-hole program aims to validate high-grade shallow mineralisation with assay results expected in August 2026.

Tusker Minerals has outlined a multi-billion-tonne JORC Exploration Target at its Douala Basin Project in Cameroon, highlighting a globally significant rutile-rich mineral sands system with strong infrastructure advantages.

Lion Rock Minerals has confirmed a third high-grade rutile discovery at Minta 1, adjoining the established Mboma-Loum corridor in Cameroon, significantly enlarging its rutile province and advancing towards maiden resource estimates.

Lion Rock Minerals (ASX: LRM) has expanded its high-grade rutile footprint at the Minta Project in Cameroon, revealing a 130km² residual rutile corridor with peak rutile grades up to 72.7% heavy mineral and natural rutile nuggets exceeding 98% TiO2 purity.

Canyon Resources hits a key logistics milestone with locomotive delivery in Cameroon and prepares for trial mining at its Minim Martap bauxite project, targeting first shipments by year-end.

Lion Rock Minerals has reported robust drilling results from its expansive Minta Project in Cameroon, reinforcing its ambition to become a major global producer of rutile and monazite. The company targets a maiden Mineral Resource Estimate later this year amid promising assay outcomes from key tenements.

Lion Rock Minerals has brought in a seasoned leadership team from Sierra Rutile to spearhead development at its Minta Rutile and Monazite Project in Cameroon, supported by a $2 million capital raise.