~US$140M Credit Facility Secured for the Minim Martap Bauxite Project
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~US$140M Credit Facility Secured for the Minim Martap Bauxite Project
PERTH, Australia, May 25, 2025 (GLOBE NEWSWIRE) -- Canyon Resources Limited (ASX: CAY) (‘Canyon’ or the ‘Company’) is pleased to announce that its wholly owned in-country subsidiary, Camalco Cameroon SA (‘Camalco’) has signed a binding agreement with AFG Bank Cameroon…
In a press release released on May 26, 2025, Camalco, the Cameroonian subsidiary of Canyon Resources Ltd, announced that AFG Bank Cameroon will inject 82 billion FCFA (almost 140 million USD) into the bauxite project of Minim Martap, a mining site located in the Adamaoua region. This brings to 160...
Canyon Resources secures $140m for Minim Martap Bauxite Project in Cameroon
Canyon Resources has secured a syndicated credit facility of approximately $140m for the Minim Martap Bauxite Project in Cameroon.The post Canyon Resources secures $140m for Minim Martap Bauxite Project in Cameroon appeared first on Mining Technology.
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