Canyon Resources Advances Cameroon Project

Canyon Resources Limited (AU:CAY) has released an update.

Canyon Resources Limited has announced the signing of a critical Mining Convention for its Minim-Martap Bauxite Project in Cameroon, paving the way for the granting of a mining permit and further development. This agreement, highlighting a strong partnership with the government, enables Canyon to focus on advancing key elements such as rail and port access essential for production. The company is actively engaging with potential partners and stakeholders to progress the project and bring lasting benefits to all parties involved.

For further insights into AU:CAY stock, check out TipRanks’ Stock Analysis page.