Canyon Resources Unveils Promising Future for Minim Martap Bauxite Project in Cameroon
In exciting news for the African mining sector, Canyon Resources has just released its updated Definitive Feasibility Study (DFS) for the Minim Martap bauxite project located in Cameroon. This new update paints a bright picture for the company, confirming the strong economic viability of the project while laying out a clear roadmap for its phased development—good news for those following the bauxite market!
The DFS announcement comes hand-in-hand with an updated Mineral Resource report, revealing an eye-popping increase in the project’s Ore Reserve estimate. The estimate soared by an impressive one-third to reach 144 million metric tons of Direct Shipping Ore (DSO) with a composition of 51.2% aluminum oxide (Al₂O₃) and 1.7% silicon dioxide (SiO₂). This significant uptick solidifies Minim Martap’s position as a major player in the bauxite production arena.
Looking ahead, Canyon Resources is gearing up for first ore production, slated for the first quarter of 2026, with initial shipments expected to follow by mid-2026. The mining plan is crafted for a 20-year horizon and is grounded solely on these proven ore reserves, ensuring a solid foundation for the project’s longevity and economic success.
But that’s not all—Canyon is already making strides in the physical development of the project. Early works have commenced, including the establishment of an essential Inland Rail Facility (IRF). This facility is designed to facilitate the transfer of ore from road to rail, streamlining the logistical process and enhancing operational efficiency.
As the project progresses, it promises not only to boost local employment and economies but also to contribute positively to Cameroon’s bauxite production capabilities on the global stage. For those keen on sustainable economic growth in Africa, the Minim Martap project represents a golden opportunity for both investment and innovation.
Stay tuned to Africazine for more updates on this transformative venture, as it shapes the future of the bauxite industry in the region!
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