tiprankstipranks
Canyon Resources Secures Permits for Bauxite Project
Company Announcements

Canyon Resources Secures Permits for Bauxite Project

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

Don't Miss our Black Friday Offers:

Canyon Resources Limited has received key permits to advance its Minim Martap Bauxite Project in Cameroon, securing a 20-year mining license that allows for bauxite mining and export. The company is now focusing on infrastructure development and potential financing opportunities to bolster project growth. With a solid cash position of AUD $20.3 million, Canyon aims to execute significant activities over the next year.

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

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App